Momentum for electric vehicles (EVs) is growing fast, but a major hurdle has appeared. Seventeen U.S. states, with California in the lead, sued the Trump administration. They want to restore $5 billion in federal funds meant for EV charging infrastructure. Congress originally approved these funds. They are key to growing charging networks across the country […]
The global tech sector faces a growing challenge to power energy-hungry services, like AI and cloud computing, while cutting carbon emissions. Google, one of the world’s largest technology companies, is pushing ahead on both fronts. The tech giant is making new investments in advanced nuclear energy. It is also taking strong steps to cut powerful […]
India made major progress in renewable energy in 2024. With record solar and wind capacity additions, strong government support, and growing domestic manufacturing, the country is moving steadily toward its clean energy goals for 2030. Notably, India’s Ministry of New & Renewable Energy (MNRE) revealed that the country’s solar energy capacity reached 94.17 GW in […]
Lithium prices have dropped to their lowest in three years, raising key questions about the future of EVs and batteries. What’s behind the slide? As China tightens its lead in battery production, the U.S. faces roadblocks, tariffs, policy shifts, and import dependence. Can the U.S. close the gap? Will cheaper lithium help or hurt the […]
United Airlines is taking a bold step toward cutting its carbon footprint by investing in Twelve, a California-based company that makes Power-to-Liquid (PtL) fuels. This move is part of United’s Sustainable Flight Fund, and it supports the airline’s goal of cutting aviation emissions by 90% by 2050. The fund is designed to back new ideas […]
Tencent, one of China’s largest technology companies, has made a significant move towards sustainability by forming a partnership with GenZero, a Temasek-owned investment platform. This partnership focuses on buying carbon credits and is part of Tencent’s plan to reach its environmental and climate goals. Tencent is securing carbon credits to show its commitment to cutting […]
Disseminated on behalf of SolarBank Corporation SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN; FSE: GY2) is growing its solar footprint in the U.S. It has signed a new deal with a California-based renowned real estate and infrastructure investor, CIM Group. This deal provides project-based funding of up to $100 million and will support solar projects […]
In a major step for sustainable energy, Google has signed a Power Purchase Agreement (PPA) with Shell. This deal will extend the life of the NoordzeeWind offshore wind farm in the Netherlands. The partnership not only extends the life of the country’s first offshore wind project but also helps both companies achieve their goal of […]
Removall, the France-based carbon project developer, and Sumitomo Corporation have launched a joint venture called Summit Removall. This venture will co-invest in high-quality, nature-based carbon credit projects globally. It combines Removall’s carbon project development skills with Sumitomo’s strong global presence, especially in Asia. Together, they aim to increase access to premium carbon credits and support […]