Entries by carbonfund

Google Signs 15-Year Solar PPA With RWE for 155 MW Oklahoma Project

Google is expanding its renewable energy portfolio in Oklahoma through a new 15-year power purchase agreement (PPA) with German energy company RWE. Under the agreement, Google will purchase all of the electricity generated by RWE’s 155-megawatt (MWac) Crooked Creek Solar project in McCurtain County, Oklahoma. RWE Expands Solar Presence in Oklahoma Ingmar Ritzenhofen, Chief Commercial […]

Inside China’s New 5-Year Climate Plan, and Why the World Is Watching

China has released one of its most important climate policy documents in years. The new climate action plan sets the country’s direction for cutting emissions during the 15th Five-Year Plan period (2026–2030). It is designed to help China achieve its long-standing goals of peaking carbon dioxide (CO₂) emissions before 2030 and reaching carbon neutrality before […]

Shell Sells, TotalEnergies Buys: The Energy Giants’ Biggest Renewables Deal

Two of Europe’s biggest energy companies are taking different paths in the clean energy transition. TotalEnergies will buy Shell’s entire onshore renewable power portfolio in Europe. This deal adds hundreds of megawatts of operating capacity and a big pipeline of future projects. The financial terms were not disclosed. The agreement includes about 500 megawatts (MW) […]

Brazil’s Mombak Delivers Amazon Carbon Credits Early, Giving Google a Climate Win

Brazilian carbon removal company Mombak has reached an important milestone. The company has delivered its first carbon removal credits more than two years earlier than planned. The early delivery shows that large forest restoration projects can remove carbon at commercial scale and meet their commitments. The first issuance includes more than 21,000 verified carbon removal […]

Microsoft Bets on Wastewater to Power the Next Wave of Carbon Removal

Microsoft is adding another technology to its growing carbon removal portfolio. The company has agreed to purchase up to 23,602 carbon dioxide removal (CDR) credits from U.S.-based startup CREW Carbon. The credits will come from projects that remove carbon while treating wastewater, opening a new pathway for durable carbon removal. The agreement is small compared […]

Amazon (AMZN) Stock Jumps on Record $200B Q2 Revenue, Fueled by AI Growth and Water-Positive Goals

Amazon (NASDAQ: AMZN) had a strong quarter, fueled by growth in cloud computing, artificial intelligence (AI), advertising, and online retail. The company reported higher revenue and profits for Q2 2026 as demand for AI infrastructure surged. However, Amazon’s big investments in AI pushed free cash flow into negative territory. The company also noted progress on […]