Technology: Page 20
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White House funds $6B to decarbonize US industrial sector
The Department of Energy offered grants for 33 projects in eight historically high carbon-emitting industries such as aluminum, concrete and chemicals.
By Joelle Anselmo • April 2, 2024 -
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Ørsted, Avangrid and two others submit bids to first-ever 3-state offshore wind solicitation
The five proposed projects total 5,455 MW of potential capacity.
By Diana DiGangi • April 1, 2024 -
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TrendlineThe evolution of the voluntary carbon credit market
Companies are increasingly relying on carbon credits to cut their emissions and meet climate goals, despite a dynamic regulatory environment and increased ESG scrutiny.
By ESG Dive staff -
Courtesy of Nissan Motor Co. Ltd
Nissan’s new EV plan aims for significant cost reduction
‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.
By Eric Walz , Michael Brady • March 29, 2024 -
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Sustainable sourcing platform Circular eyes expansion with $10.5M in funding
Circular plans to expand internationally, add employees and introduce materials besides plastics to the platform.
By Katie Pyzyk • March 28, 2024 -
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EPA softens vehicle emissions standards in win for automakers
The final rule steadily tightens the requirements, giving automakers more time to ramp up EV sales.
By Michael Brady • March 21, 2024 -
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South Fork Wind becomes first US utility-scale offshore wind farm to complete construction
The completion of Ørsted and Eversource’s 130-MW project gets New York closer to its goal of deploying 9 GW of offshore wind by 2035.
By Diana DiGangi • March 20, 2024 -
Courtesy of Spiritus
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 Zoya Mirza • March 19, 2024 -
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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 Zoya Mirza • March 18, 2024 -
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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 Lamar Johnson • March 18, 2024 -
Permission granted by Clean Energy Fuels
Deep DiveHow 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 -
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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 -
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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 -
Courtesy of Mercedes-Benz AG
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 -
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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 Zoya Mirza • Feb. 23, 2024 -
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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 -
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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 Lamar Johnson • Feb. 20, 2024 -
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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 -
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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 Zoya Mirza • Feb. 14, 2024 -
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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 -
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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 Zoya Mirza • Feb. 12, 2024 -
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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 -
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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 Zoya Mirza • Feb. 8, 2024 -
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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 Lamar Johnson • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
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 -
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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
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