Technology: Page 8
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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 -
Andrey Semenov via Getty Images
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 -
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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 -
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Meta to procure 374 MW of clean energy from RWE solar farms
The tech conglomerate has signed two power purchase agreements with the German energy company to build on its sustainability goals.
By Zoya Mirza • Aug. 16, 2024 -
Courtesy of LG Energy Solution
Market headwinds force owners to hit the brakes on EV projects
Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay jobs, even those that have already started.
By Sebastian Obando • Aug. 15, 2024 -
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Ebon Solar to build $942M New Mexico plant
The manufacturer is the second company to make a massive investment in Albuquerque’s solar sector.
By Sara Samora • Aug. 14, 2024 -
Matthew Lloyd via Getty Images
Standard Chartered scores $235M green loan for Texas solar plant
The six-year loan will back the development of a 1.35 million square foot plant which will be operated by renewable energy company Trinasolar.
By Zoya Mirza • Aug. 13, 2024 -
Permission granted by Living Ink Technologies
Alternative inks and coatings aim to increase recyclability and aid sustainability goals
Recent state legislation seeking to limit carbon black hasn’t progressed yet, but companies are already seeing demand for different approaches using algae, magnetic coatings and more.
By Hollie Stephens • Aug. 12, 2024 -
Sean Gallup via Getty Images
Blackstone acquires majority stake of renewables engineering firm
While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone exec said its transition business has committed $1.3 billion in investments since June.
By Lamar Johnson • Aug. 9, 2024 -
Drew Angerer via Getty Images
Microsoft builds on sustainability suite with new ESG reporting tool
The new tool allows companies to streamline, simplify and accelerate their reporting process and offers templates for a broad range of ESG standards and frameworks.
By Zoya Mirza • Aug. 9, 2024 -
Courtesy of Qcells
Qcells scores $1.4B DOE loan guarantee for Georgia solar factory
The facility is expected to create 1,950 jobs and slated to produce 3.3 gigawatts of solar panels per year.
By Kate Magill • Aug. 9, 2024 -
Justin Sullivan via Getty Images
SunPower files for bankruptcy, plans to sell or wind down remaining operations
Facing a “severe liquidity crisis,” the leading residential solar installer must sell its assets to pay down more than $2 billion in debts, officials said.
By Emma Penrod • Aug. 8, 2024 -
Lukas Schulze via Getty Images
New initiative aims to solidify carbon removal standards
The Carbon Removal Standards Initiative seeks to provide policymakers and regulators with “financially unconflicted advice” to monitor and develop standards for the industry.
By Zoya Mirza • Aug. 7, 2024 -
Andrey Popov via Getty Images
AI could halt energy use growth in US buildings: LBNL study
Combined with policy measures and low-carbon generation, building carbon emissions can decline over 90% by 2050 compared with business-as-usual scenarios, according to national lab researchers.
By Joe Burns • Aug. 7, 2024 -
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Bill Gates-backed energy investment firm pulls in $839M for new climate fund
Breakthrough Energy Ventures’ third fund will have an investment focus similar to that of its predecessors and target five key areas in climate innovation, including energy and transportation.
By Zoya Mirza • Aug. 6, 2024 -
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GSA to source carbon-free power for federal facilities in Illinois
In a multiyear deal between the U.S. General Services Administration and Homefield Energy, 80% of buildings' energy will come from wind power.
By Nish Amarnath • Aug. 1, 2024 -
Courtesy of Unspun
Weaving tech company scores $32M to decarbonize fashion supply chains
Unspun plans to expand the use of its 3D machinery which boosts circular production by localizing manufacturing capabilities.
By Lara Ewen • July 31, 2024 -
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OpinionThe US lacks enough skilled clean energy workers, but solutions are close at hand
To build successful clean energy manufacturing businesses in the U.S. while revitalizing our domestic industrial base, companies need to take responsibility for developing the workforce their growth depends on.
By Chris Dougher • July 30, 2024 -
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Data platform Paces nabs $11M to scale clean energy development
The new funding will help the company improve its platform, enhance its data intelligence and make certain data tools more available throughout the United States.
By Zoya Mirza • July 29, 2024 -
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Ag chemical company CF pilots sustainable fertilizer for low-carbon ethanol
Lowering fertilizer emissions will be key for farmers to access new tax credits within in the emerging biofuels market.
By Sarah Zimmerman • July 26, 2024 -
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White House unveils guidance on slashing super pollutant emissions
Solutions proposed included enhanced monitoring through commercial aircrafts and satellites, installation of thermal reduction units and methane sensing technologies.
By Zoya Mirza • July 25, 2024 -
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Energy storage industry sees 117% increase in corporate funding in H1 2024: Mercom
Storage deal volume reached $15.4 billion in the six months ending June 30, but funding for smart grid companies dropped 11% from the year-earlier period to $1.8 billion, Mercom Capital Group said.
By Brian Martucci • July 25, 2024 -
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Deloitte partners with property management platform for decarbonization solution
Akila, which produces virtual copies of facilities for building management, will target both companies’ clients to help them reduce emissions and prepare for disclosures.
By Lamar Johnson • July 24, 2024 -
Courtesy of Mercedes-Benz
Coffee and EV charging: Mercedes-Benz partners with Starbucks
The collaboration will add direct current fast chargers at 100 retail locations along the 1,400-mile Interstate 5 corridor.
By Haley Cawthon • July 22, 2024 -
Asanka Ratnayake via Getty Images
IHG unveils low carbon program, targets energy efficiency in hotels
The global hospitality company called the initiative an “industry first” and said it would help it “test, learn and share findings on sustainability measures.”
By Zoya Mirza • July 18, 2024
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