Entries by carbonfund

Aditya Birla Renewables Buys Shell’s Sprng Energy Business in India for $1.8 Billion

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, has signed an agreement to sell 100% of Solenergi Power Private Limited, including the Sprng Energy group of companies, to India’s Aditya Birla Renewables Limited (ABRen). It marks another significant investment in India’s rapidly expanding renewable sector. The transaction reflects Shell’s strategy to reshape […]

Austin-Based SuperCritical Materials Wins DOE License to Turn Seawater Into a New Source of Uranium

The race for uranium supplies is changing. The U.S. is expanding nuclear power to meet rising electricity demand. Companies are now exploring new fuel sources beyond traditional mining. Austin-based SuperCritical Materials has secured an exclusive license from the U.S. Department of Energy (DOE). Their goal is to commercialize a patented technology that extracts uranium from […]

Masdar Backs World’s First 24/7 Solar and Battery Project with $6.1 Billion Investment

The clean energy industry has reached another major milestone. Abu Dhabi Future Energy Company (Masdar) has secured financial close for the world’s first gigascale renewable energy project capable of delivering clean electricity around the clock. The landmark project combines one of the world’s largest solar power plants with a massive battery energy storage system, proving […]

SAF Takes Flight as FlyORO and Menzies Target Aviation’s Biggest Infrastructure Gap

FlyORO, a clean aviation tech company from Singapore, is partnering with Menzies Aviation, a leading global aviation services provider. This collaboration aims to achieve their shared goals. The two companies signed a Memorandum of Understanding (MoU) to explore using FlyORO’s modular sustainable aviation fuel (SAF) blending technology in Menzies’ global fuel network. The agreement comes […]

Canada’s Oil Sands Alliance Gets Green Light for Multi-Billion-Dollar CCS Project to Cut 16 Million Tonnes of CO₂

Canada is launching one of the world’s largest carbon capture and storage (CCS) projects. The federal government, Alberta’s government, and five oil producers, aka The Oil Sands Alliance, signed an agreement to cut oil sands emissions while supporting production and exports. Announced on July 2, 2026, this agreement moves the Pathways Project closer to reality. […]

Kenya Eyes 2027 Carbon Exchange to Become Africa’s Carbon Trading Hub

Kenya is taking another step to grow its carbon market. The government plans to launch a national carbon exchange by 2027, creating a marketplace where verified carbon credits can be traded more efficiently. The move comes as global demand for high-quality carbon credits continues to grow. It also supports Kenya’s goal of attracting more climate […]