Entries by carbonfund

Google Locks In 100 MW of Offshore Wind to Power Europe’s AI Growth

Google has signed a long-term offshore wind power deal in Germany as it expands artificial intelligence and cloud infrastructure across Europe. The agreement is a 15-year power purchase agreement (PPA) with German utility EnBW. It covers 100 megawatts (MW) of electricity from the He Dreiht offshore wind farm in the North Sea. The deal links […]

India Puts $2.2 Billion for Carbon Capture in 2026-2027 Budget

India is preparing a major public funding push for carbon capture, utilization, and storage, also known as CCUS. In the Union Budget for 2026–27, the government set out a plan to support CCUS with a proposed outlay of ₹20,000 crore over the next five years. That is ₹200 billion, which is about US$2.2 billion. The […]

DOE’s Nuclear Fuel and Fusion Partnership Signals a New Era for U.S. Power Markets

The United States is moving fast to rebuild its nuclear fuel supply chain, revive dormant facilities, and accelerate next-generation nuclear technologies. These efforts come as electricity demand surges from artificial intelligence (AI), data centers, and industrial electrification. Recent announcements from the U.S. Department of Energy (DOE) show a coordinated push to strengthen uranium enrichment, revive […]

Elon Musk’s SpaceX Eyes Solar Data Centers in Space to Power the AI Boom

SpaceX has asked US regulators to approve a new satellite system that would act like a large, space-based computing network. Several outlets report that SpaceX filed a request with the US Federal Communications Commission (FCC) for an “orbital data center” constellation. This could include up to one million satellites in low Earth orbit, powered mainly […]

EU Sets Global Benchmark for Permanent Carbon Removals and Carbon Farming

The European Union (EU) has taken a major step toward climate neutrality. The European Commission adopted the first certification methodologies under the Carbon Removals and Carbon Farming (CRCF) Regulation. These rules define how projects that permanently remove carbon dioxide from the atmosphere can be verified and certified across Europe. Wopke Hoekstra, European Commissioner for Climate, […]