PG&E Secures $15 Billion U.S. Loan for Expansive Hydropower and Energy Storage Projects in California

Pacific Gas and Electric (PG&E) has secured a $15 billion conditional loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to fund major renewable energy and infrastructure projects across California. The funding will support PG&E’s efforts to modernize its energy grid, enhance grid reliability, and promote the adoption of clean energy […]

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Deutsche Bank Facilitates $1.46 Billion Financing to Support GPG’s Renewable Energy Expansion in Australia

Deutsche Bank has played a pivotal role in securing a substantial $1.46 billion financing package for Global Power Generation Australia (GPG), aimed at expanding its renewable energy portfolio in the Asia Pacific region. This marks a significant milestone in Deutsche Bank’s continued support for the growth of renewable energy, as the financing will help fund […]

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U.S. Sets Ambitious 2035 Climate Goal to Slash Emissions by 61-66%

The United States has committed to an ambitious climate target, aiming to reduce greenhouse gas emissions by 61-66% by 2035, relative to 2005 levels. This bold goal is a key component of the country’s broader effort to combat climate change and transition to a clean energy economy. The 2035 emissions reduction target builds on the […]

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EUROCONTROL Forecasts 15.4 Million Flights by 2050, But States Net-Zero Aviation Remains a Major Challenge

EUROCONTROL’s latest long-term aviation outlook projects that Europe’s flight volume will reach 15.4 million flights annually by 2050, marking a 39% increase compared to pre-pandemic 2019 levels. However, the forecast also highlights the immense challenge of achieving net-zero carbon emissions for the aviation industry by mid-century. While there are promising technologies and strategies, significant efforts, […]

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UK Government Announces Members of New Circular Economy Taskforce

The UK Government has officially unveiled the members of its newly formed Circular Economy Taskforce, a key initiative aimed at advancing the country’s transition to a circular economy. The taskforce will play a pivotal role in supporting the government’s efforts to create a comprehensive circular economy strategy for England, helping to drive sustainability and reduce […]

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Google Partners with Copenhagen Infrastructure Partners to Secure Wind Power for 24/7 Decarbonization Goals

In a strategic move towards achieving its ambitious sustainability targets, Google has entered into a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to procure 250MW of renewable wind energy from the groundbreaking Zeevonk project in the Netherlands. This deal is a pivotal step in Google’s commitment to decarbonize its operations and achieve […]

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Lenovo Earns EcoVadis Platinum Medal, Ranking Among the Top 1% Globally for Sustainability

Lenovo has been awarded the prestigious EcoVadis Platinum Medal, a recognition that places the technology giant among the top 1% of companies worldwide for its outstanding sustainability practices. With a score of 85 out of 100, this achievement underscores Lenovo’s leadership in environmental, social, and governance (ESG) practices and highlights its ongoing commitment to sustainable […]

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Nature Seychelles and WWF Madagascar train marine biologists in coral reef restoration

(Seychelles News Agency) – Nature Seychelles, a not-for-profit organisation, teamed up with the World Wildlife Fund (WWF) Madagascar to provide a 15-day science-based coral reef restoration training in the last months of the year for four practitioners from the southwestern Indian Ocean islands. Nature Seychelles said in a recent press release that the training began in October […]

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Canada Eyes $15 Billion Investment to Drive Green AI Data Centers and Tackle Energy Demands

As artificial intelligence (AI) technologies rapidly evolve, Canada is exploring a strategic $15 billion investment plan aimed at encouraging domestic pension funds to invest in AI data centers powered by clean energy. This proposal is designed to address the growing energy demands of AI systems while supporting Canada’s transition to a more sustainable energy infrastructure. […]

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