Clean fuel startup Utility Global announced that it has raised $53 million as part of a growth equity Series C funding round, with proceeds aimed at supporting the commercialization of its technology to process industrial gases into clean fuels to help decarbonize hard-to-abate industries, such as steel, without the use of electricity.
Impact News
Vernetzte Gebäude sparen Energie beim Hitzeschutz
Automation. Sonnenschutz, Kühldecken, Klimaanlagen: Um Gebäude und ihre Nutzer gegen die Folgen des Klimawandels zu schützen, gibt es eine Vielzahl von Möglichkeiten. Neben dem Komfort gilt es dabei, auch den Energieverbrauch und den CO2-Ausstoß im Blick zu halten. Vernetzte Gebäude können dabei eine wichtige Rolle spielen. Doch die Umsetzung entsprechender Konzepte scheitert oft an der […]
TotalEnergies, Shell, Equinor JV Completes World-First Commercial CO2 Storage Project in Norway
Northern Lights, a joint venture between energy giants TotalEnergies, Shell and Equinor, announced the completion of the world’s first commercial CO2 transportation and storage project in Norway, which is now ready to receive and store captured CO2 from hard-to-abate European industries.
EU Commission Proposes Carbon Footprint Labels for Flights
The European Commission announced today the launch of a consultation on a new proposed EU Flight Emissions Label (FEL), an initiative which aims to provide passengers with information about their flight’s carbon footprint.
More than Two Thirds of Asset Owners Say ESG Factors Have Become More Material: Morningstar Survey
Over two thirds of asset owners report that ESG has become more material to their investment process, as a greater share of assets is being invested in strategies that take ESG factors into account and asset owners increasingly set up dedicated ESG teams, according to a new survey released by investment research firm Morningstar.
Cleantech Startup Ayrton Energy Raises $7 Million to Tackle Hydrogen Transport and Delivery Challenges
Ayrton Energy, which is developing advanced methods for the transport of liquid hydrogen, has secured a $6.8 million seed round investment to advance its liquid organic hydrogen carrier (LOHC) technology. The company said that it will leverage the financing to scale its proprietary technology, double the size of its team, and expand operations into energy […]
Panattoni legt paneuropäischen Fonds für grüne Logistikimmobilien auf
Panattoni legt einen paneuropäischen Fonds auf, der in nachhaltige Logistikimmobilien investieren wird. Der Entwickler will bis 2026 Eigenkapital in Höhe von 300 Mio. Euro aufbringen. Eines der Zielländer ist Deutschland.
greenpass erhält frisches Kapital für mehr Impact
Das Wiener ClimateTech ScaleUp greenpass sicherte sich in einer Late Seed Extension Runde in Q2 2024 frisches Kapital für die weitere Skalierung seiner innovativen Lösungen für klimasichere Immobilien und lebenswerte Städte. Greenpass bietet einen One-Stop-Shop für erfolgreiche Klimawandelanpassung und Dekarbonisierung in der Immobilienwirtschaft. Damit können gleichzeitig die steigenden ESG- und Nachhaltigkeitsvorgaben, wie die CSRD und […]
CRH, Holcim Invest $75 Million in Low Carbon Cement Developer Sublime
Sublime Systems, which specializes in producing low-carbon cement, announced today a new partnership with building materials giants CRH and Holcim, including a $75 million equity investment and a binding offtake reservation, aimed at supporting the near-term development and operations of Sublime’s first commercial manufacturing facility in Holyoke, Mass.
Air France-KLM Signs Deal for 1.9 Billion Liters of Sustainable Aviation Fuel with TotalEnergies
TotalEnergies, one of the world’s largest energy companies, has signed a Memorandum of Understanding (MoU) with Air France-KLM for the delivery of an additional 1.5 million tons, or nearly 1.9 billion liters, of sustainable aviation fuel over a 10-year period until 2035.
Bei KI geht nichts ohne Erneuerbare Energie
An Künstlicher Intelligenz führt kein Weg vorbei und ihr Ausbau ist unaufhaltsam, sagt Markus W. Voigt, CEO der aream Group. Damit einher gehe ein drastisch wachsender Energiebedarf für immer mehr Rechenzentren, der sich nur über Erneuerbare Energien sinnvoll decken lasse.
Brookfield Secures $2.4bn for UAE-backed climate fund
Brookfield Asset Management has raised $2.4bn for its Catalytic Transition Fund (CTF), a climate-focused fund backed by the United Arab Emirates (UAE) aimed at scaling climate finance in emerging markets, according to a report by Reuters.
Brookfield Raises $2.4 Billion for Emerging Markets-Focused Climate Transition Fund
Brookfield Asset Management announced today that it has raised $2.4 billion for its Catalytic Transition Fund (CTF), aimed at driving clean energy investments in underserved emerging economies, only three months after the fund’s official launch in June 2024.
Green Skills Demand to Double Supply by 2050 as Gap Accelerates: LinkedIn Study
Demand growth for green workforce skills is outpacing the increase in supply, as companies and countries globally begin to take action on implementing their climate and sustainability-related commitments, with current trends indicating that there will be more than twice as many jobs requiring green skills as there will be qualified workers available to fill those […]
17% of Article 9 funds underperform vs Article 8, finds “first” open fund impact database
17% of Article 9 funds perform worse in impact than the average Article 8 fund, with investments in sectors like alcohol, luxury cars and airlines, according to “the first” open database on science-based impact of funds” launched by The Upright Project, a Finland-based impact data provider.