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 […]
The Walt Disney Company delivered a strong performance in the second quarter of fiscal 2025, ending March 29. Total revenue rose to $23.6 billion, a 7% increase compared to $22.1 billion in the same quarter last year. This growth was driven by improved performance across multiple segments, especially entertainment and experiences. Net Income had a […]
Microsoft has taken big steps toward reaching its climate goals. The company has agreed to buy up to 3 million nature-based carbon removal credits from EFM, a U.S.-based forest management firm. This multi-year deal shows Microsoft’s serious commitment to using natural ways to fight climate change. On top of that, Microsoft has invested $300 million […]
The Rockefeller Foundation has launched a pioneering initiative that aims to accelerate the shift from coal-fired power generation to clean energy in developing countries. The Foundation’s Coal to Clean Credit Initiative (CCCI) is an innovative plan. CCCI uses carbon credits to help retire old coal plants. Then, it replaces them with renewable energy sources. This […]
Record battery storage installations across Europe mark a significant achievement, but concerns linger as growth begins to slow. SolarPower Europe’s latest analysis shows an urgent need for a strong framework. This is crucial to meet Europe’s renewable energy goals. The European market for battery storage showed a remarkable expansion, achieving a 15% growth in 2024 […]
The U.S. wind energy sector is at a key point. Eighteen states, with New York in the lead, have sued the Trump administration. This lawsuit comes after a halt on offshore wind projects. The lawsuit claims that stopping permits is illegal. It threatens job growth and blocks important progress in clean energy. This legal challenge […]