Spearmint Energy brings its first Texas battery energy storage plant online

The company’s 300 megawatt Revolution project marks the debut for one of the largest battery storage companies in one of the largest battery storage markets in the nation.

By Lamar Johnson • Jan. 9, 2024

Qcells, Microsoft expand solar panel supply partnership

The new agreement could provide enough solar energy to power up to 1.8 million homes a year.

By Sara Samora • Jan. 9, 2024

Explore the Trendline➔

The state of the clean energy transition in 2024

This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.

By ESG Dive staff

World Bank launches $5B sustainable development bond

The 7-year benchmark bond will mature in January 2031 and seeks to support the financial institution’s goals to “end extreme poverty and boost prosperity.”

By Zoya Mirza • Jan. 8, 2024

Emissions compliance period begins for NYC’s Local Law 97

Even though 89% of covered buildings are set to meet 2024 emissions targets, facilities managers must act promptly to achieve 2030 goals, experts say. 

By Nish Amarnath • Jan. 8, 2024

LG Energy unveils 10 grid-scale battery storage projects for 2024

The company said the investments coincided with the passage of the Inflation Reduction Act, which included significant investments in renewable energy.

By Lamar Johnson • Updated Jan. 8, 2024

Equinor, BP terminate New York offshore wind project over rising costs

The European energy firms scrapped their agreement to sell power from the proposed Empire Wind 2 project, citing rising inflation, interest rates and supply chain disruptions.

By Zoya Mirza • Jan. 5, 2024

Chevron blames regulations, cleanups for $4B write-off in Q4

The energy giant said California’s regulatory landscape and cleanup of decommissioned Gulf of Mexico sites are estimated to cost the company at least $3.5 billion.

By Lamar Johnson • Jan. 4, 2024

Amazon to generate hydrogen onsite with Plug Power’s electrolyzer system

The hydrogen generated at Amazon’s Colorado fulfillment center will power forklift trucks and help lower emissions.

By Zoya Mirza • Jan. 4, 2024

Federal court won’t reconsider decision to overturn Berkeley, California, natural gas ban

If the city wants to continue to appeal the decision, its next step would be the U.S. Supreme Court. 

By Ysabelle Kempe • Jan. 4, 2024

Pattern Energy scores $11B for large-scale clean energy project

The renewable energy developer said construction is underway for the clean energy infrastructure project, which it alleges is the largest “in U.S. history.”

By Lamar Johnson • Jan. 3, 2024

Industry leaders blast Treasury’s draft guidance for clean hydrogen tax credits

Some leading hydrogen producers are already talking about suing to stop the implementation of the Treasury Department’s proposal, according to Mona Dajani, a partner at Baker Botts.

By Emma Penrod • Dec. 22, 2023

New York finalizes climate-risk guidance for financial institutions

The state said the new rules will help banking and mortgage institutions prepare for the physical and transition risks of climate change.

By Lamar Johnson • Dec. 22, 2023

Amazon to trial Mercedes-Benz hydrogen fuel-cell trucks in 2024

Daimler Truck will deploy the GenH2 trucks for their first customer fleets, serving Amazon, Holcim, Air Products and others on long-haul tests in Germany.

By Iulia Gheorghiu • Dec. 22, 2023

Gen Z, millennial investor confidence slips regarding ESG investments

The number of investors under 41 years old who wanted fund managers to advocate for environmental change, even if it decreased their investment, dropped from 85% last year to 66%. 

By Iulia Gheorghiu • Dec. 21, 2023

Puma expands its textile-to-textile polyester recycling program

The company said its Re:Fibre technology would be used to create most of its club and federation replica jerseys in 2024.

By Howard Ruben • Dec. 20, 2023

Unilever under UK investigation for alleged greenwashing of products

The British competition regulator will scrutinize environmental claims for consumer goods made by the CPG giant, including Dove, Comfort and Cif.

By Iulia Gheorghiu • Updated Dec. 20, 2023

How IBM’s Sustainability Accelerator’s latest cohort is tackling water management

IBM Sustainability and Social Innovation Leader Michael Jacobs talks about the social impact program’s goals and how it uses its technology to improve environmental issues in vulnerable communities.

By Lamar Johnson • Dec. 19, 2023

Banks are excluded from EU’s human rights, due diligence regulation — for now

Despite opposition to leaving financial institutions out, the final draft of the Corporate Sustainability Due Diligence Directive only states the sector may need to comply at a later date.

By Lamar Johnson • Dec. 19, 2023

Donuts and do nots: Krispy Kreme’s first ESG report reveals carbon emissions spike

The company said it achieved carbon neutrality in some global operations through carbon offsets, despite a jump in scope 1 and scope 2 emissions overall.

By Zoya Mirza • Dec. 18, 2023

Treasury releases sustainable aviation fuel tax credit guidance

SAF manufacturers could receive an additional $0.01 per gallon over the base credit for each percentage point the fuel reduces emissions above 50%.

By Lamar Johnson • Dec. 18, 2023

COP28 takeaways: More than $7B mobilized for food system climate action

With the end of the U.N. climate summit, here's a final tally of some of the major financial commitments and sustainability pledges meant to transform the agricultural and food sectors. 

By Sarah Zimmerman • Dec. 18, 2023

Decarbonization strategies require corporate buy-in, USGBC says

While Inflation Reduction Act funding is a “key lever to decarbonization,” building owners, operators and occupants must do more to ensure that the U.S. reaches its Paris Agreement goals, the U.S. Green Building Council says.

By Joe Burns • Dec. 15, 2023

Goldman Sachs to liquidate Paris-aligned climate ETF in new year

The fund closure bookends a year of contraction for the sustainable funds market, though the financial services firm said the move is not indicative of its broader positions.

By Lamar Johnson • Dec. 15, 2023

Clean energy developer energyRe raises $1.2B for expansion

The company said it will use the new capital to expand its renewable energy portfolio and advance its goals of decarbonizing cities in the U.S.

By Lamar Johnson • Dec. 14, 2023

Microsoft signs multiyear carbon removal agreement with Norwegian startup

The partnership with Inherit Carbon Solutions will help the software systems company work toward its goals of becoming carbon negative by 2030.

By Zoya Mirza • Dec. 14, 2023