Entries by carbonfund

Google and energyRe Boost Clean Energy in South Carolina with 600 MW Solar Deal

energyRe, a U.S.-based renewable energy developer, has signed a new renewable energy agreement with Google to support over 600 megawatts of solar and solar-plus-storage projects in South Carolina. Through this agreement, Google will invest in and buy Renewable Energy Credits (RECs) from these projects to reduce its emissions across operations and the global value chain. […]

2025 EV Sales Surge: Which Countries Are Winning the Electric Race?

Electric vehicle (EV) sales around the world have grown fast in recent years. In 2024, global electric car sales topped 17 million, representing over 20% of all new cars sold worldwide. That’s more than triple the number sold just 4 years earlier, according to the latest report by the International Energy Agency. The momentum continues […]

Svante Opens World’s First Gigafactory for Carbon Capture in Canada

Svante Technologies, a Canadian carbon capture company, has launched the world’s first commercial-scale gigafactory for carbon capture filters. This is a big step in the fight against climate change. Located in Burnaby, British Columbia, the facility officially opened in May 2025. The factory will help speed up the use of carbon capture and storage (CCS) […]

How EV Adoption is Reshaping Global Oil Demand: IEA’s 2025 Outlook and 2030 Forecast

For decades, oil was the backbone of global transport. It powered nearly every vehicle, pushing oil demand ever higher. Infrastructure significantly grew around extraction, refining, and distribution. But with mounting concerns over emissions and climate change, the search for cleaner alternatives gained momentum. Electric vehicles (EVs) have emerged as a game changer in this shift. […]