ESG / Impact News
Top 10: Sustainability Innovations
The top sustainability innovations providing climate solutions include renewable energy technology, circular economy practices and vertical farming.
Electric Aviation Company H55 Raises $74 Million
Electric aviation company H55 announced the closing of its CHF 65 million (USD$74 million) Series C funding round, with a new investment from the Government of Quebec, adding to an initial phase last year. Launched in 2015, Swiss-based H55 was founded by André Borschberg, Sebastien Demont and Gregory Blatt, the former management team of Solar […]
Rubio Impact Ventures leads €5m funding round for alternative palm oil producer
A yeast oil developed by a Dutch biotech firm may transform the food and personal care industries by slashing the carbon footprint of conventional palm oil, which can be found in 60% of supermarket products.
KLM, ZeroAvia Plan Hydrogen-Powered Test Flight
KLM and electric aviation solutions startup ZeroAvia announced plans for a zero-emissions demonstration flight using hydrogen-electric engines powered by liquid hydrogen. The test flight plans come as a series of initiatives are underway to target rapid aviation sector decarbonization, such as electrified propulsion or sustainable aviation fuel (SAF). Hydrogen, however, is viewed by some in […]
Amazon, Air Products Launch Initial Trials of New Mercedes-Benz Hydrogen Powered Fuel Cell Trucks
Global truck manufacturer Daimler Truck announced today the launch of the initial customer trials of its hydrogen fuel cell-powered Mercedes-Benz GenH2 Trucks by five customers including Air Products, Amazon, Holcim, INEOS and Wiedmann & Winz. The launch of the new trucks follows a commitment set by Daimler Truck in 2020 to significantly invest in hydrogen […]
Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution
ESG advisory firm Longevity Partners announced today the launch of Decarbonization Dashboard, a new tool aimed at enabling commercial real estate professionals and asset managers to track emissions and outline decarbonization pathways for real estate portfolios. The real estate sector has one of the largest sectoral carbon footprints, responsible for about 40% of global greenhouse […]
EV Battery Startup Addionics Raises $39 Million for Lower Cost, Faster Charging Battery Tech
Battery technology startup Addionics announced that it has raised $39 million in a Series B funding round co-led by GM Ventures and Deep Insight, with proceeds to be used to support the growth and expansion of its solution enabling cheaper, lighter, faster-charging, and more conductive batteries. Founded in 2018, Israel, UK and U.S.-based Addionics provides […]
Clean Energy Infrastructure Software Startup Paces Raises $11 Million
Energy infrastructure software startup Paces announced today that it has raised $11 million in a Series A funding round, aimed accelerating the deployment of grid-connected clean energy infrastructure projects. Founded in 2022, New York-based Paces provides software solutions for clean energy infrastructure developers to identify the best places to build and manage their projects, providing […]
TotalEnergies Buys 50% Stake in Offshore Wind Farm from RWE to Power Green Hydrogen Production
TotalEnergies announced today the acquisition of a 50% stake in OranjeWind, a 795 MW offshore wind farm under development in the Netherlands, from German power producer RWE, with TotalEnergies’ share of the project’s renewable energy to be used to power electrolyzer projects for the production of green hydrogen. According to TotalEnergies, the transaction forms part […]
Airbus Announces Strategic Investment in SAF Technology Company LanzaJet
Aerospace giant Airbus announced today an investment in sustainable aviation fuel (SAF) technology and production company LanzaJet, forming part of part of LanzaJet’s current $100 million growth equity funding round, aimed at enabling the company to continue scaling its ethanol-to-SAF technology. The announcement marks the latest in a series of investments in the LanzaJet, including […]
Equinor, Amazon help raise $37m for technology that turns carbon into rock
44.01, a tech firm named after the molecular weight of carbon dioxide, attracted investors including climate investment leaders, geological carbon storage experts and technology developers.
Deloitte, Akila Partner to Offer Decarbonization Solutions for Buildings
Digital twin data platform Akila and global professional services firm Deloitte announced today a new strategic alliance to decarbonization-focused software solutions for U.S. clients, aimed at enabling reduced emissions, optimized energy consumption and enhanced efficiencies in the operations of buildings. Founded in 2021 to focus on helping organizations decarbonize their operations, Akila offers technology enabling […]
UK Government Confirms 2% Sustainable Aviation Fuel Requirement Beginning 2025
Newly appointed UK Secretary of State for Transport Louise Haigh announced in a statement to Parliament that the new government intends to move forward with an SAF mandate, requiring the introduction of sustainable aviation fuel (SAF) in the UK’s jet fuel mix, starting at 2% in 2025, and ramping up to 22% by 2040. Fuel […]
hep Solar: sonnige Zeiten für US-Solarparkprojekte
Der Solarpark Perendale, ein Projekt, das von der hep Kapitalverwaltungsgesellschaft (KVG) verwaltet wird, ist seit Kurzem fertig gebaut und wurde testweise an das Stromnetz angebunden. Knapp 18.200 Module werden künftig eine Kapazität von rund 9,8 MWp (DC) aufweisen. Abnehmer des produzierten Stroms wird Energy United sein, eine große Elektrizitätsgenossenschaft in North Carolina.
Cowboy Clean Fuels Raises $13 Million to Simultaneously Produce Biofuel, Remove CO2
Climate solutions startup Cowboy Clean Fuels (CCF) announced that it has raised approximately $13 million at the closing of a Series B equity financing round, with proceeds aimed at commercializing its solution to simultaneously produce clean fuel and remove CO2. Founded in 2020, Colorado-based CCF provides technology offering both geologic carbon removal & sequestration and […]
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