Technology

  • GM CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chung signing the collaboration agreement while seated at a table covered in a black table cloth.
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    Courtesy of Hyundai Motor Group
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    GM, Hyundai plan global alliance on EVs, clean-energy tech

    The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.

    By Eric Walz • Sept. 13, 2024
  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google taps direct air capture startup for latest carbon removal deal

    The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.

    By • Sept. 11, 2024
  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    BofA closes $205M tax equity deal for carbon capture, clean fuel credits

    Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.

    By • Sept. 11, 2024
  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
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    Sean Gallup via Getty Images
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    FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners

    The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.

    By • Sept. 10, 2024
  • Computer screen shows data, images & moving graphics associated with climate change.
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    Laurence Dutton via Getty Images
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    Workiva, Visual Lease team up to boost sustainability reporting

    The partnership between the ESG reporting software firm and the lease management platform will allow mutual clients to accurately report progress on their sustainability goals.

    By • Sept. 10, 2024
  • Farmer discing his field as giant wind turbines overlook.
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    Mark Alexander via Getty Images
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    White House announces $7.3B financing for rural clean energy projects

    The federal funding will support 10 GW in clean energy projects lowering electricity costs for cooperative utilities in 23 states, the White House said.

    By Ethan Howland • Sept. 10, 2024
  • Logo of the U.S. EPA printed on a window
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    Justin Sullivan via Getty Images
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    EPA issues first set of carbon storage draft permits for Texas

    The Environmental Protection Agency’s permits will allow Oxy Low Carbon Ventures to store approximately 722,000 metric tons of carbon dioxide annually in three underground wells.

    By • Sept. 9, 2024
  • The exterior of Nasdaq headquarters.
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    Michael M. Santiago via Getty Images
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    Nasdaq partners with Crux to help companies access clean energy tax credits

    The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.

    By • Sept. 9, 2024
  • A Volvo SUV driving down a road
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    Courtesy of Volvo
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    Volvo scales back its EV goals

    In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.

    By Haley Cawthon • Sept. 9, 2024
  • A commercial building bears rooftop solar panels facing the twilit skyline of Atlanta, Georgia
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    Lisa-Blue via Getty Images
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    CleanCapital, Sunrock to deploy solar, battery storage in US communities

    CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”

    By • Sept. 5, 2024
  • HSR reviews, antitrust law, big tech genai acquisitions
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    David Becker via Getty Images
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    Microsoft launches decarbonization team to slash supply chain emissions

    The new three-member team will help Microsoft tackle scope 3 emissions generated by purchased goods and services and those produced by its cloud and artificial intelligence operations.

    By • Sept. 5, 2024
  • A worker installs solar panels at the construction site of a new solar energy park as wind turbines spin behind on April 06, 2023 near Prenzlau, Germany.
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    Sean Gallup via Getty Images
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    US wind energy investment soars while solar stagnates: BloombergNEF

    While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to an analysis by BloombergNEF.

    By Emma Penrod • Sept. 5, 2024
  • A man fills up a fuel truck with biodiesel.
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    David Paul Morris via Getty Images
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    Oxylus Energy nabs $4.5M for clean fuel tech

    The climate tech company said the funding will help develop and scale its carbon conversion project which produces green methanol — an alternative fuel that can help slash emissions.

    By • Sept. 4, 2024
  • Three people wearing goggles and business suits holding a red ribbon.
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    Courtesy of The Chemours Co.

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    Chemours opens EV battery innovation center in Delaware

    The research and development facility will focus on developing and improving lithium-ion batteries for electric vehicles.

    By Sara Samora • Aug. 30, 2024
  • Three people in safety gear talk at the top of a building under construction.
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    ljubaphoto via Getty Images
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    US clean energy jobs grew 4.2% in 2023: DOE

    The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.

    By Robert Walton • Aug. 29, 2024
  • Meta's logo outside of the company's headquarters
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    Justin Sullivan via Getty Images
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    Meta inks geothermal deal for data centers

    Meta’s deal with Sage Geosystems will provide up to 150 megawatts and be the first use of next-gen geothermal east of the Rocky Mountains.

    By • Aug. 28, 2024
  • Worker inside Toyota's $1.3 billion EV plant in Georgetown, Kentucky.
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    Courtesy of Toyota
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    DOE doles out another $50M to support EV manufacturing

    The Biden-Harris administration said the funding will go to six states with “significant automotive workforces” to help suppliers adapt their facilities.

    By Haley Cawthon • Aug. 27, 2024
  • Uber sign on office building in New York City.
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    Michael M. Santiago via Getty Images
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    Uber taps former Tesla exec to oversee sustainability strategy, shift to EVs

    Rebecca Tinucci, previously Tesla’s head of charging, will oversee the ride-share giant’s transition to becoming an emissions-free mobility platform by 2040.

    By • Aug. 23, 2024
  • A row of Ford F-150 Lighting pickups parked inside the automaker's Rouge Electric Vehicle Center in Michigan.
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    Courtesy of Ford Motor Co.
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    Ford scraps electric SUV plans, delays next-generation truck

    The automaker is taking a $400 million hit as it shifts its electrification strategy yet again.

    By Haley Cawthon • Aug. 22, 2024
  • The NASA logo is displayed at a booth.
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    Ethan Miller via Getty Images
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    NASA launches greenhouse gas detection instrument

    The Tanager-1 satellite aims to detect the source of methane and carbon dioxide emissions on Earth from space and provide “actionable data” to help reduce these emissions.

    By • Aug. 21, 2024
  • Landfill worksite
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    Fortson Photography / Duane Long

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    Qnergy to expand methane conversion efforts to curb Utah’s emissions footprint

    Amid super pollutant risks, Qnergy is working to scale its methane conversion toolset by working with municipalities and waste management firms, CEO Ory Zik told ESG Dive.

    By Suman Bhattacharyya • Aug. 21, 2024
  • The General Motors logo.
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    Mario Tama/Staff/Getty Images News via Getty Images
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    General Motors to lean on solar power for three assembly plants

    The car manufacturer has signed a 15-year renewable power purchase agreement to support its operations at three assembly plants located in Michigan and Missouri.

    By • Aug. 20, 2024
  • An Uber sticker on a vehicle windshield
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    Spencer Platt via Getty Images
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    Uber and BYD partner to introduce more EVs to global markets

    The project aims to add 100,000 EVs to the ride-hailing platform.

    By Kalena Thomhave • Aug. 20, 2024
  • A data processing and storage center.
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    Andrey Semenov via Getty Images
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    Greystar expands into infrastructure development

    The nation’s largest multifamily housing owner is extending its reach into new sectors including clean power, transition fuels and data centers.

    By Mary Salmonsen • Aug. 19, 2024
  • In an aerial view, solar panels are seen on the roof of Woodlands Market on April 25, 2024 in Kentfield, California.
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    Justin Sullivan via Getty Images
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    SunPower’s bankruptcy does not imply similar fates for competing solar companies, analyst says

    Higher interest rates hit SunPower harder than competitors like Sunnova and Sunrun because it relied more on solar financing from loans versus third party options, said Raymond James analyst Graham Price.

    By Diana DiGangi • Aug. 19, 2024