Gevo, Inc., a renewable fuels and carbon solutions company, has reported its first-ever profitable quarter in Q2 2025, marking a major shift in its financial performance. This is all thanks to its carbon credit sales of around $22 million and other low-carbon product sales. The company posted net income of $2.1 million, a sharp turnaround […]
Fortescue, one of the world’s largest iron ore producers and a leading player in green energy, has secured a $2 billion loan from Chinese banks to accelerate its decarbonization plans. The funding is part of the company’s broader goal to achieve net-zero emissions by 2030 for its Scope 1 and Scope 2 operations. The loan […]
Amazon Web Services (AWS) has signed a power purchase agreement (PPA) with Gentari for an 80-megawatt (MW) wind energy project in Tamil Nadu, India. This agreement is part of Amazon’s broader strategy to achieve net-zero carbon emissions by 2040 and supply its operations with 100% renewable energy. Once operational in mid-2027, the wind farm could […]
As per top media reports, China’s battery leader, Contemporary Amperex Technology Co. Ltd. (CATL), has stopped operations at a key lithium mine. This move surprised commodity markets and led to a rise in lithium prices. The shutdown occurred because of an expired mining license. It also comes as Beijing tightens control over excess capacity in […]
Featured image sourced from Tesla Robotaxi Tesla has cleared a major hurdle in its push toward fully autonomous transportation. As per reports, the Texas Department of Licensing and Regulation (TDLR) has granted Tesla Robotaxi LLC a permit to operate as a transportation network company (TNC) across the state. This green light allows the electric vehicle […]
Spanish banking firm Banco Bilbao Vizcaya Argentaria, aka BBVA, has set a new pace in sustainable finance. The bank recently announced that it has mobilized €30 billion ($32.5 billion) in green and social projects in Q2 2025 — its highest quarterly result ever. This brought its total for the first half of the year to […]
Forests are vital for our planet. They help fight climate change by absorbing a lot of carbon dioxide from the air, acting as major carbon sinks. They store large amounts of carbon in biomass and soil, estimated to absorb about 30% of human-caused CO2 emissions annually worldwide. However, scientists and project managers must track forest health. […]
Disseminated on behalf of PowerBank Corporation. PowerBank Corporation recently announced a new treasury strategy that includes holding Bitcoin. This move combines innovative finance with the company’s ongoing mission to develop clean energy projects. PowerBank aims to hold Bitcoin on its balance sheet. It has also teamed up with Intellistake Technologies Corp., a company focused on […]
The voluntary carbon market is booming in 2025. Allied Offsets data showed that in the first quarter of 2025, around 780,000 CDR credits were contracted — a surge of 122% compared to the same period in 2024. Additionally, 16 million credits were sold in the first six months of 2025 – marking it the strongest […]