Entries by carbonfund

Deep Sky and Skyrenu Launch North America’s First Direct Air Capture (DAC) Storage Facility

Deep Sky, Canada’s leading carbon removal project developer, has kicked off operations at Deep Sky Alpha, its flagship commercialization center in Innisfail, Alberta. The facility has achieved a major industry milestone—North America’s first-ever underground storage of CO₂ captured directly from the atmosphere. This breakthrough was made possible through a partnership with Skyrenu Technologies, a Quebec-based […]

How Australia’s AUD 2.4B Battery Storage Boom Is Replacing Coal

Australia’s power market is changing quickly. In early 2025, over AUD 2.4 billion (USD 1.5 billion) went into large-scale battery energy storage systems (BESS). This was the second-highest quarterly investment ever, just behind the AUD 2.8 billion seen at the end of 2023. The Clean Energy Council’s Quarterly (Q1 2025) Investment report shows that six […]

Google Reveals the Environmental Cost of Gemini AI Query

Google has released new data showing the energy, carbon, and water use linked to its Gemini AI system. The report is one of the most detailed disclosures from a major tech company about the environmental footprint of artificial intelligence. The numbers per query seem small, but the rise of AI worldwide makes these findings crucial. […]

Xiaomi Targets Europe’s EV Market by 2027, Turning Up the Heat on Tesla

As per reports, Chinese tech giant Xiaomi is gearing up to launch its first electric vehicles (EVs) in Europe by 2027. The announcement came during the company’s second-quarter 2025 earnings call, where President Lu Weibing revealed the milestone. The move marks Xiaomi’s first international expansion for its automotive division and reflects the brand’s rising ambitions […]

Vantage’s $25 Billion Texas Data Center Plan Sparks Opportunities—and Water Concerns

Vantage Data Centers is making headlines with a record-breaking $25 billion investment in a data center in Texas. The new project, called Frontier Campus, will bring 1.4 gigawatts of hyperscale power. This will make the state a global center for AI and cloud infrastructure. The project highlights Texas’ strengths in renewable energy and business-friendly policies. […]