Technology: Page 2

  • Carbon capture plant seen on a filed.
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    Courtesy of Spiritus
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    Los Alamos-based Spiritus to launch large-scale carbon capture facility

    The Orchard One facility aims to capture and sequester up to 2 megatons of carbon dioxide from the atmosphere annually, once operational.

    By • March 19, 2024
  • Google logo displayed in front of building.
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    Justin Sullivan via Getty Images
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    Google pledges to buy $35M in carbon removal credits, matches DOE

    The tech giant’s commitment builds on the Department of Energy’s initiative to scale the carbon removal purchase sector.

    By • March 18, 2024
  • An aerial view of German solar and onshore wind farm
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    Sean Gallup via Getty Images
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    KKR announces $3B takeover of European renewable energy producer Encavis

    The independent power producer said it will also up its 2027 operating capacity target to 7 gigawatts.

    By • March 18, 2024
  • A fuel pump in focus in front of a line of waste trucks.
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    Permission granted by Clean Energy Fuels
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    Deep Dive

    How a new wave of clean fuels bills could spur a biogas boom

    New Mexico just became the fourth state to enact a program, which has the potential to give biogas projects from landfills and on-farm digesters a boost. Could more states soon follow?

    By Jacob Wallace • March 18, 2024
  • A wind turbine lays on the ground as part of a wind farm being built in New Mexico.
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    halbergman via Getty Images
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    Renewable energy M&A is entering a new paradigm, LevelTen Energy says

    The latter half of 2023 saw a significant slowdown in M&A transactions, which LevelTen Energy believes signals a shift in strategy among renewable energy developers.

    By Emma Penrod • March 12, 2024
  • Wind farm and electricity pylons in the desert of Coachella Valley, California.
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    Phil Augustavo via Getty Images
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    Slowing wind installations threaten emissions progress under the IRA: report

    More action on transmission may be needed for the Inflation Reduction Act to reach its full potential on climate, but the success of solar and batteries in particular could also hold policy lessons, an Energy Innovation report said.

    By Emma Penrod • March 1, 2024
  • An all-electric Mercedes-AMG EQS 53 4MATIC+ parked.
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    Courtesy of Mercedes-Benz AG
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    Mercedes-Benz delays EV goal amid slowing demand

    Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.

    By Michael Brady • Feb. 28, 2024
  • Microsoft logo is seen in the background.
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    Jeenah Moon via Getty Images
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    Microsoft closes on 6-year carbon removal deal with Catona Climate

    The tech giant will purchase carbon removal credits generated through an agroforestry project based in Kenya, working toward its 2030 goal to become carbon negative.

    By • Feb. 23, 2024
  • The logo of KPMG hangs on the facade of a building.
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    Sean Gallup via Getty Images
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    Businesses face significant data collection hurdles while meeting ESG reporting requirements, KPMG says

    In a survey across industries, KPMG found that nearly half of respondents were using spreadsheets to manage ESG data.

    By Suman Bhattacharyya • Feb. 23, 2024
  • a business leader, seen from behind, looking at a screen with complex data visualizations
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    Artem Peretiatko via Getty Images
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    Exclusive: Carbon management platform Gravity Climate joins ESG Data Convergence Initiative

    “The world of private equity has a massive opportunity to influence so many different companies that don't necessarily receive direct pressure,” Gravity Climate’s CEO told ESG Dive.

    By • Feb. 20, 2024
  • A high-voltage transmission line in a field of grain.
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    Damien Verrier via Getty Images
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    US clean energy sector is breaking records but presidential election, other challenges loom: WRI

    “Policymakers, regulators, developers and manufacturers must double down on their efforts to address key challenges,” said the World Resources Institute in a report.

    By Diana DiGangi • Feb. 15, 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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    International Finance Corporation unveils AI-powered tool for ESG analysis

    MALENA can analyze unstructured text from annual reports, sustainability reports, news and impact assessments, according to the IFC.

    By • Feb. 14, 2024
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    GM hires former Tesla exec to lead EV battery strategy

    Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.

    By Michael Brady • Feb. 14, 2024
  • The HSBC building is seen at Canary Wharf.
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    Scott Barbour via Getty Images
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    HSBC partners with Google, works toward $1B climate tech investments goal

    Under the new deal, companies part of the GCR-sustainability program will be able to explore venture debt financing options offered by HSBC’s specialist climate tech finance team.

    By • Feb. 12, 2024
  • Dairy cattle are lit from behind.
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    David McNew via Getty Images
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    Democrats join push to stop climate funding from going to farm biogas projects

    The growing movement to capture methane from livestock waste only further encourages mass-scale industrial agriculture, a group of lawmakers said in a letter to the USDA. 

    By Sarah Zimmerman • Feb. 9, 2024
  • Gas prices are seen displayed at a Shell station.
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    Justin Sullivan via Getty Images
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    Shell rebrands climate tech company Studio X as Onward, eyes net-zero economy

    The updated energy venture falls in line with the oil major’s goal to become a net-zero emissions energy business by 2050.

    By • Feb. 8, 2024
  • Wind turbines spin behind a solar energy park
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    Sean Gallup via Getty Images
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    EU passes domestic clean energy act, trailing US supply chain and climate bills

    The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.

    By • Feb. 8, 2024
  • A green Mustang Mach-E GT AWD with optional Bronze Appearance Package.
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    Courtesy of Ford Motor Co.
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    Ford created a secret team to build an affordable EV

    The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.

    By Eric Walz , Michael Brady • Feb. 8, 2024
  • Aerial shot of city buildings on a sunny day
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    adamkaz via Getty Images
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    Neighborhood-scale building decarbonization: 2 approaches

    Relying on the replacement of one appliance at a time isn’t enough to meet federal and state climate goals, said the Building Decarbonization Coalition’s executive director. 

    By Ysabelle Kempe • Feb. 7, 2024
  • Workers stand between solar panels.
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    Mario Tama via Getty Images
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    Recurrent Energy raises $160M, secures Microsoft as client for solar project

    The tech giant will be the sole purchaser of all the energy and renewable energy credits produced by the Louisiana-based Bayou Galion Solar project.

    By • Feb. 7, 2024
  • The logo of the German insurer seen on a Berlin, Germany office building in 2010.
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    Sean Gallup via Getty Images
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    Allianz launches platform tracking pathways, investments needed for net-zero

    The free, open source tool will combine sector and geographic information on the emissions reductions and investments required to limit global temperature rise.

    By • Feb. 2, 2024
  • An man stands in front computer and storage systems.
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    Morris MacMatzen via Getty Images
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    Climate software startup Watershed clinches $100M in funding

    The funding will allow the company to continue developing climate programs for clients — helping them measure, report and reduce emissions — and increase its investments in Europe.

    By • Feb. 2, 2024
  • Wind turbines and solar cells generate electricity as a cow lolls on the farm.
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    Perytskyy via Getty Images
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    Deep Dive

    Bio-fueling the future: How farms are shaping the renewable energy transition in 2024

    As more incentives become available, the agriculture sector is set to play a key role in expanding solar, biogas and other alternative energy sources.

    By Nathan Owens • Feb. 1, 2024
  • A BP sign displays prices at a gas station.
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    Joe Raedle via Getty Images
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    BP invests in climate tech startup CHOOOSE to help decarbonize aviation industry

    The oil giant’s financial backing will allow airlines to centrally manage their decarbonization initiatives, ranging from emissions calculations and reporting to carbon removals.

    By • Feb. 1, 2024
  • Animated visualization of components of ESG.
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    useng via Getty Images
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    The ESG industry outlook on 2024: Climate disclosure rules, proxy voting and more

    The upcoming year will determine how national and international regulation, shareholder rights and proposal approvals, and scope 3 reporting influence the ESG landscape.

    By , • Jan. 30, 2024