Category: CSR/ECO/ESG

Norwegian energy company Equinor has successfully secured over $3 billion in project financing for its Empire Wind 1 offshore wind project, marking a significant milestone in the development of renewable energy in the United States. The financial close for this venture was reached in December 2024, highlighting the growing momentum for large-scale offshore wind projects […]

Lenovo, a global leader in technology innovation, is taking bold steps towards environmental sustainability by setting science-based targets for emissions reduction. By aligning with the Science Based Targets initiative (SBTi) and adopting the SBTi Net-Zero Standard, the company is positioning itself at the forefront of corporate responsibility in tackling climate change. This strategic move is […]

Texas based Fervo Energy has successfully raised $255 million to accelerate the deployment of its innovative geothermal power projects, with a focus on enhanced geothermal systems (EGS). The funding, which includes $135 million in equity, is being led by Capricorn’s Technology Impact Fund II and supported by prominent investors such as Breakthrough Energy Ventures, CalSTRS, […]

Poland’s state-owned power-grid operator, PSE, has announced an ambitious $15.4 billion investment initiative aimed at modernizing and expanding the country’s electricity grid to accommodate a growing share of renewable and nuclear energy. The comprehensive plan, set to unfold between 2025 and 2034, includes the construction of new power lines, the modernization of existing infrastructure, and […]

In a significant move towards sustainable finance, Qatar has successfully issued $2.5 billion in green bonds in 2024. This landmark issuance marks a pivotal step in the country’s commitment to advancing its environmental goals and transitioning to a more sustainable economy. The green bond proceeds will be directed towards financing projects that support Qatar’s efforts […]

Portugal’s commitment to renewable energy has reached a significant milestone, with renewable sources accounting for 71% of the country’s total electricity generation in 2024. This achievement underscores the nation’s ongoing transition towards a more sustainable and resilient energy system, driven by investments in wind, solar, and hydroelectric power. Key Contributors to Renewable Energy Growth The […]

Neutral, a prominent player in the real estate development sector, has successfully secured $133 million in construction financing to support the development of The Edison, a landmark project that will become North America’s tallest mass timber building. Located in Milwaukee, Wisconsin, the development is poised to redefine the city’s skyline and serve as a significant […]

Poland’s state-backed development institution, PFR SA, is intensifying its role in the nation’s green energy transition by committing to invest up to 3 billion zloty (approximately $731 million) annually in renewable energy projects. These investments will focus on emerging sectors such as offshore wind farms, energy storage systems, and gas-fired power plants, with a primary […]

CATL Unveils Bedrock Chassis: A Revolutionary Safety Benchmark for Electric Vehicles. On December 24, CATL introduced the Bedrock Chassis, the world’s first ultra-safe skateboard chassis designed to withstand a 120 km/h frontal impact without catching fire or exploding. China’s leading battery manufacturer, Contemporary Amperex Technology Co. Limited (CATL), has introduced a new electric vehicle (EV) chassis […]

The U.S. Department of Energy (DOE) has launched a major funding initiative, offering up to $1.8 billion to accelerate the development of Direct Air Capture (DAC) technologies. The new program, managed by the DOE’s Office of Clean Energy Demonstrations (OCED), seeks to support mid- and large-scale DAC projects aimed at removing carbon dioxide (CO2) directly […]