Category: CSR/ECO/ESG

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 […]

The UK government has earmarked £37 billion in public funds for initiatives aimed at achieving its ambitious Net Zero goals, with a focus on reducing emissions, advancing clean energy, and fulfilling international climate commitments. However, experts are raising concerns over the significant costs associated with the transition, warning that these measures could lead to higher […]