Mercedes-Benz has taken a major step in decarbonizing its logistics operations by completing the largest single-volume purchase of Sustainable Aviation Fuel (SAF) in the automotive sector. The deal, made through logistics partner DB Schenker, involves...
Tata Power Renewable Energy Ltd (TPREL) is exploring a major renewable energy expansion in Andhra Pradesh, with plans to develop 7 gigawatts (GW) of solar, wind, and hybrid projects. The initiative, representing a potential investment...
BYD Energy Storage and Saudi Electricity Company (SEC) have signed the world’s largest grid-scale battery energy storage contract, totaling 12.5GWh. This agreement builds on their prior collaboration, which included a 2.6GWh project, bringing their combined...
Microsoft has signed a 25-year agreement with Chestnut Carbon to purchase more than 7 million tons of high-quality carbon removal credits. This represents one of the largest nature-based carbon offtake deals in the U.S. and...
IKEA has announced a significant expansion of its renewable electricity program, adding 14 new countries, including the United States, to its initiative aimed at reducing supply chain emissions and achieving 100% renewable energy across its...
Supply chain risk and performance management solutions provider Achilles has announced the launch of Achilles Analytics, a new tool designed to help companies meet growing supply chain sustainability regulatory reporting and compliance requirements. The new...
IBM and L’Oréal have announced a collaboration to leverage generative artificial intelligence (GenAI) technology to enhance the creation of cosmetics using more sustainable materials while reducing energy and material waste. This partnership will merge L’Oréal’s...
bp and JERA have announced a new joint venture, JERA Nex bp, aiming to develop 13GW of offshore wind capacity across key markets in Europe, Asia-Pacific, and beyond. The collaboration combines the strengths of both...
The Canadian federal government is weighing a $15 billion initiative to encourage pension fund investments in AI data centers powered by clean energy. The proposal, reported by the Globe and Mail, reflects Canada’s ambitions to...
The Abu Dhabi National Oil Company (ADNOC) has announced the launch of XRG, a new venture described as a “lower-carbon energy and chemicals investment powerhouse.” With an initial portfolio valued at $80 billion, XRG aims...
