Sustainable engineered materials producer 6K announced today that it has raised $82 million at the first close of its Series E funding round, with proceeds aimed at enabling the company to scale up production. 6K said that it expects a second close of the Series E round later this year. Founded in 2014, Massachusetts-based 6K […]
BMW Group announced today that it plans to launch its first-ever series production hydrogen-powered fuel cell electric vehicle (FCEV) in 2028. BMW has set a goal to reduce CO2 emissions per vehicle over the full lifecycle – including supply chain, production and product use – by at least 40% by 2030, and to transition to […]
Cleantech software startup Reonic announced today that it has raised €13 million (USD$14.4 million) in a Series A financing round, with proceeds aimed at supporting its offerings to help installers deploy sustainable energy solutions across Europe. Founded in 2021 by Tristan Menzinger, Lars-Manuel Schneider, and Udo Sill, Germany-based Reonic provides solutions aimed at helping SME […]
Sustainability-focused investor interest appears to have undergone a significant shift towards investments in companies enabling a ‘brown to green’ transition, as opposed to focusing primarily on already-green investments, with net inflows into transition focused funds in the EU nearly doubling those into environmental funds over the past 2 years, according to a new report by […]
Eine umfassende Lösung für die Immobilienwirtschaft Die Partnerschaft zwischen metr und Objektus verbindet die Kompetenzen beider Unternehmen, um ein umfassendes, digitales Lösungspaket für die Immobilienwirtschaft anzubieten. Um die Energieverbräuche aller Medien im Gebäude digital abzubilden und zusätzlich die Energieeffizienz zu steigern, bieten metr und Objektus folgende Lösungen im Rahmen ihrer Kooperation an: die Fernüberwachung von […]
California-based climate tech company CarbonCapture announced a decision to pause Project Bison, its Wyoming-based multi-megaton Direct Air Capture (DAC) carbon removal project, due to rapidly growing competition for renewable energy in the state from data center operators. Founded in 2019, CarbonCapture produces DAC machines that use solid sorbents to efficiently absorb CO2 from the atmosphere, […]
Volvo Cars announced today that it is pulling back on its goal to offer only fully electric vehicles by 2030, adding room for up to 10% of sales to include mild hybrid models and including plug-in hybrids in the rest of its mix, as well as its interim carbon emissions reduction goals, citing headwinds facing […]
Craigmore baut seine Präsenz im Gartenbau mit zwei kürzlich erworbenen Apfelplantagen aus, die schließlich eine Gesamtfläche von über 110 Hektar umfassen werden. Die Obstplantage Ngaruroro in der Region Twyford in Hawke’s Bay und die Obstplantage Patutahi in Gisborne sind die ersten Transaktionen im Rahmen der Wachstumsstrategie für den Sektor.
Volvo Trucks announced today plans to introduce a heavy-duty electric truck next year capable of traveling 600 km on a charge, marking a major expansion in range for its electric truck lineup based on new technology from the company. Volvo unveiled its first heavy duty electric trucks in 2020 and began series production in 2022, […]
Sustainability-focused investment manager Mirova announced today that it has raised €211 million (USD$233 million) for Mirova Environment Acceleration Capital (MEAC), the firm’s first impact private equity fund. Mirova launched the pan-European private equity fund in September 2021, aiming to invest in companies providing sustainable innovative solutions and technologies contributing to the environmental transition. The fund […]
Micro-nuclear power plant developer Last Energy announced that it has raised $40 million in a Series B funding round closed earlier this year, with proceeds to be used to support the deployment of its first microreactor plant. Founded in 2019, Washington, D.C.-based Last Energy develops small, 20 MWe nuclear power plants, aimed at bringing nuclear […]
Northern European financial services company SEB announced the launch of the SEB Global Sustainable Companies Fund, a new index-linked global fund investing only in companies that are classified as “sustainable,” while aiming to generate a return and risk profile in line with its underlying benchmark. Classified as Article 9 under the EU’s SFDR regulation, the […]
Renewable energy producer EDP Renewables (EDPR) announced a new 20-year agreement with Microsoft through which the tech giant will purchase 100% of the renewable energy exported to the grid through EDPR’s SolarNova 8, the largest solar project in Singapore. Launched in 2014, Singapore’s SolarNova program is a government-led program aimed at accelerating the deployment of […]
France-based energy giant TotalEnergies announced a new agreement with climate solutions provider Anew Climate and U.S. forestry-focused carbon removal platform Aurora Sustainable Lands to invest $100 million in forestry operations to preserve caron sinks, and help support the energy company’s achievement of its climate goals. The investment will support Improved Forest Management practices across a […]
Pension funds are setting aside money to invest in funds that make a positive social impact. But finding suitable investments and measuring impact still prove difficult.
