Global
-
Eni signs $1 billion fusion energy agreement with CFS. Italian energy company Eni has entered a $1 billion power purchase agreement with Commonwealth Fusion Systems to acquire energy from its first commercial fusion plant, expected to be operational in Virginia in the early 2030s….
-
Macquarie raises over $3 billion for energy transition strategy. The firm’s Macquarie Green Energy Transition Solutions fund surpassed its initial target, securing $2.4 billion in fund commitments and $647 million in co-investment, focusing on decarbonisation sectors globally….
-
Schneider Electric partners with Climeworks for carbon removal solutions. Schneider Electric has agreed with Climeworks to remove 31,000 tonnes of CO2 by 2039 and collaborate on reducing the cost of Direct Air Capture technology, enhancing its carbon removal portfolio….
-
VoLo Earth Ventures closes $135 million second climate tech fund. The fund, 50% larger than its predecessor, targets investments in decarbonisation across energy, mobility, building, and industry sectors, aiming for resilient systems and strong financial returns….
-
TikTok’s U.S. ownership deal raises more questions than answers. A framework struck between Washington and Beijing promises to put American investors in charge of the app’s U.S. operations, but control of its algorithm and data remains unresolved.
-
US and China reach framework for TikTok ownership shift. A draft agreement would see American investors take control of the app’s US business, extending a deadline for divestment and easing fears of a nationwide ban while leaving key questions unresolved.
-
Suma Capital raises €210 million for industrial decarbonisation ventures. The fund, exceeding its €150 million target, supports companies advancing Europe’s energy transition through low-carbon technologies. Backed by diverse investors, it aims to drive significant environmental and competitive impact….
-
Australia sets ambitious climate target for 2035 emissions reduction. The government aims to cut greenhouse gas emissions by 62% to 70% from 2005 levels, alongside $8 billion in climate investments. The strategy includes clean energy, decarbonisation, and EV infrastructure….
-
Microsoft secures $6 billion AI deal with Nscale and Aker. The agreement focuses on building a renewable energy-powered AI infrastructure in Northern Norway to meet Europe’s growing demand for sustainable AI computing. This initiative aligns with Microsoft’s ongoing sustainability goals….
-
Mercedes-Benz and UKA to install a wind farm in Germany. The 140 MW project will supply 20% of Mercedes-Benz’s electricity needs, supporting its sustainability goals to reduce CO2 emissions and increase renewable energy use by 2030….
