Technology: Page 10
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US clean energy sector is breaking records but presidential election, other challenges loom: WRI
“Policymakers, regulators, developers and manufacturers must double down on their efforts to address key challenges,” said the World Resources Institute in a report.
By Diana DiGangi • Feb. 15, 2024 -
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International Finance Corporation unveils AI-powered tool for ESG analysis
MALENA can analyze unstructured text from annual reports, sustainability reports, news and impact assessments, according to the IFC.
By Zoya Mirza • Feb. 14, 2024 -
Explore the Trendline➔
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TrendlineThe 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 -
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GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 14, 2024 -
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HSBC partners with Google, works toward $1B climate tech investments goal
Under the new deal, companies part of the GCR-sustainability program will be able to explore venture debt financing options offered by HSBC’s specialist climate tech finance team.
By Zoya Mirza • Feb. 12, 2024 -
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Democrats join push to stop climate funding from going to farm biogas projects
The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA.
By Sarah Zimmerman • Feb. 9, 2024 -
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Shell rebrands climate tech company Studio X as Onward, eyes net-zero economy
The updated energy venture falls in line with the oil major’s goal to become a net-zero emissions energy business by 2050.
By Zoya Mirza • Feb. 8, 2024 -
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EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
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Neighborhood-scale building decarbonization: 2 approaches
Relying on the replacement of one appliance at a time isn’t enough to meet federal and state climate goals, said the Building Decarbonization Coalition’s executive director.
By Ysabelle Kempe • Feb. 7, 2024 -
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Recurrent Energy raises $160M, secures Microsoft as client for solar project
The tech giant will be the sole purchaser of all the energy and renewable energy credits produced by the Louisiana-based Bayou Galion Solar project.
By Zoya Mirza • Feb. 7, 2024 -
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Allianz launches platform tracking pathways, investments needed for net-zero
The free, open source tool will combine sector and geographic information on the emissions reductions and investments required to limit global temperature rise.
By Lamar Johnson • Feb. 2, 2024 -
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Climate software startup Watershed clinches $100M in funding
The funding will allow the company to continue developing climate programs for clients — helping them measure, report and reduce emissions — and increase its investments in Europe.
By Zoya Mirza • Feb. 2, 2024 -
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Deep DiveBio-fueling the future: How farms are shaping the renewable energy transition in 2024
As more incentives become available, the agriculture sector is set to play a key role in expanding solar, biogas and other alternative energy sources.
By Nathan Owens • Feb. 1, 2024 -
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BP invests in climate tech startup CHOOOSE to help decarbonize aviation industry
The oil giant’s financial backing will allow airlines to centrally manage their decarbonization initiatives, ranging from emissions calculations and reporting to carbon removals.
By Zoya Mirza • Feb. 1, 2024 -
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The ESG industry outlook on 2024: Climate disclosure rules, proxy voting and more
The upcoming year will determine how national and international regulation, shareholder rights and proposal approvals, and scope 3 reporting influence the ESG landscape.
By Zoya Mirza , Lamar Johnson • Jan. 30, 2024 -
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Developers rebid offshore wind contracts in New York’s fourth solicitation as Equinor and BP split
Sunrise Wind developer Ørsted also plans to split from project partner Eversource and acquire its 50% stake in the project, if the state approves its proposal.
By Diana DiGangi • Jan. 30, 2024 -
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Ocean carbon capture startup Captura raises $21M
The company plans to begin operating its technology at a commercial scale following a fall pilot plant deployment, currently in development with energy company Equinor.
By Lamar Johnson • Jan. 24, 2024 -
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$104M for clean energy projects in 31 federal buildings announced by DOE
The selected projects are expected to save over $29 million in energy and water costs, generating an additional 27 megawatts of clean energy capacity, the U.S. Department of Energy says.
By Nish Amarnath • Jan. 24, 2024 -
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BCG, 1PointFive ink carbon capture removal credits deal
BCG will also collaborate with 1PointFive through consulting services, which include developing business processes that back direct air capture carbon removal credits.
By Zoya Mirza • Jan. 19, 2024 -
Justin Sullivan via Getty Images
Recycling tech company Resynergi secures $6.4M to accelerate plastic circularity
The funding will help scale the company’s Continuous Microwave Assisted Pyrolysis reactor, which generates clean products with a 68% reduction in carbon dioxide equivalent.
By Zoya Mirza • Jan. 16, 2024 -
Courtesy of Hertz/GM
Hertz reverses course on electric vehicles
The company, which once said EVs would account for a quarter of its rental fleet by 2025, is selling some 20,000 electric vehicles and replacing them with gas-powered cars.
By Dan Zukowski • Jan. 16, 2024 -
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Sphera acquires SupplyShift to improve scope 3 tracking capabilities
The deal comes as companies across the globe are facing increased regulatory pressure to report on their scope 3 emissions and carbon footprint.
By Zoya Mirza • Jan. 12, 2024 -
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How 3 states are attacking carbon emissions from transportation
While 21 states sued the federal government over its new rule requiring transportation emission reduction targets, others are forging ahead to clean up the sector.
By Dan Zukowski • Jan. 10, 2024 -
Justin Sullivan via Getty Images
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 -
Courtesy of Hanwha.
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
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