Europe’s solar energy industry achieved remarkable milestones in 2024, marking a record-breaking year for generation and capacity expansion. Solar energy continues to play a pivotal role in the EU’s green transition, driven by innovations, investments, and policy efforts. This article explores Europe’s solar achievements in 2024, highlighting key areas of growth and developments according to […]
Nickel is a versatile metal critical for the clean energy revolution, especially in electric vehicle (EV) batteries. Its role in enhancing battery energy density and efficiency makes it indispensable for longer-range EVs. As global demand for nickel surges, driven by electrification and renewable energy needs, it becomes a focal point for investors seeking growth opportunities. […]
Countries worldwide have implemented various strategies and mechanisms to measure and reduce emissions to address climate change effectively. Among these, the carbon market has emerged as a crucial tool to combat greenhouse gas emissions. In this sector, Gold Standard, a leading certification body, is playing a vital role in making this market more transparent and […]
The latest move in the sustainable aviation fuel (SAF) sector is Boeing’s partnering with Norway’s Norsk e-Fuel to help develop one of Europe’s first large-scale Power-to-Liquids (PtL) facilities. This partnership aligns with the aviation industry and ICAO member states’ goal to reach net-zero carbon emissions by 2050. Also, Boeing’s investment will boost SAF production in the […]
The shift to electric vehicles (EVs) is reshaping the automotive industry, creating unprecedented demand for critical metals. An EV contains 6x more critical metal than a conventional car, making metal resources the backbone of this electrification revolution. For a typical 62.5 kWh battery-powered EV (NMC 811 composition), here’s the breakdown of key metals and their average […]
Microsoft’s latest step toward sustainability is a groundbreaking partnership with Re.green, securing 3.5 million carbon credits over 25 years. This initiative focuses on restoring degraded land across Brazil, aiming to balance the soaring carbon emissions fueled by AI advancements. As AI growth drives energy demands, the tech giant’s investment underscores its commitment to achieving carbon-negative […]
Last year in December, Verra achieved a significant milestone when the United Nations International Civil Aviation Organization (ICAO) approved its Verified Carbon Standard (VCS) Program for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). This approval extended the program’s eligibility from CORSIA’s Pilot Phase (2021–2023) to its First Phase (2024–2026), marking a major […]
In a move that sparked global controversy, President Donald Trump has again withdrawn the United States from the Paris Agreement on climate change. This decision, announced immediately after his second-term inauguration, has sent shockwaves through international climate circles. The withdrawal shifts the global balance in climate action as well as raises questions about the second-biggest […]
The world of climate tech investment witnessed a significant transformation in 2024, primarily driven by the AI boom. This reshaping was about emerging technologies and sectors traditionally linked to energy and infrastructure. However, funding seems to be waning. Funding Declines, But AI Powers New Opportunities in Climate Tech According to PitchBook data, venture capital (VC) […]