Gevo, Inc. is increasing its focus on the fast-growing carbon removal market, which is now worth about $12 billion. The company is already one of the leading suppliers of carbon removal credits and is working to expand its presence across both voluntary and regulated carbon markets. According to data provided by CDR.fyi — Carbon Removal Market […]
Walmart (NYSE: WMT) has taken a major step toward cleaner energy by signing its first-ever nuclear power purchase agreement (PPA) with Constellation Energy. The long-term deal will provide emissions-free electricity from Constellation’s Dresden Clean Energy Center in Illinois and help support Walmart’s climate goals while strengthening local energy infrastructure. The agreement covers about 176 megawatts […]
Google and Energy Dome have taken a major step in long-duration energy storage (LDES) with a new 23 MW / 200 MWh CO₂ battery project in County Offaly, Ireland. The project is the first commercial deal between the two companies. It also boosts their rollout strategy across Europe and North America. The system is designed […]
The European Central Bank (ECB) is working hard to cut the carbon footprint of its investment portfolios. It aims to support Europe’s green transition. Recent climate disclosures show that by 2025, the ECB and Eurosystem reduced portfolio emissions and increased green bond investments. They also introduced new reporting methods for clearer decarbonization insights. While emissions […]
Amazon is opening its carbon credit agreements to Climate Pledge signatories and chosen suppliers. This change allows more companies to access high-quality carbon credits, which are often hard to get. The program allows participating companies to purchase carbon credits from three projects that Amazon has already helped finance, which include: a direct air capture (DAC) […]
A new study has put a price tag on one of the biggest drivers of environmental damage: consumption by the world’s wealthiest households. Researchers from Leiden University and the University of Oxford found that the top 10% of global consumers cause $1.7 trillion to $5.7 trillion in environmental cost each year. The study, published in […]
As countries invest heavily in clean energy, the equipment needed to build that future is becoming larger, heavier, and more complex to transport. DHL Group believes this challenge represents one of the biggest growth opportunities in logistics. At the New Energy Conference in Amsterdam, the company shared its goal to boost revenue from its new […]
Europe’s battery storage market is rapidly expanding, and Tesla (TSLA stock) has secured a major energy storage deal. The electric vehicle maker signed a multi-year agreement with NatPower to supply over 25 GWh of Battery Energy Storage Systems (BESS) in Italy and the UK. This partnership merges technology, engineering, financing, grid integration, and energy trading […]
Amazon has signed Germany’s biggest-ever corporate clean energy deal, marking another major step in Europe’s renewable energy transition. The tech giant has entered into a 600-MW power purchase agreement (PPA) with offshore wind developer Skyborn Renewables for electricity from the Gennaker offshore wind farm in the German Baltic Sea. The agreement is not only the […]