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...
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...
Fervo Energy, a Houston-based geothermal energy developer, has announced $255 million in new funding to accelerate the deployment of its innovative geothermal power projects. The financing includes $135 million in corporate equity and $120 million...
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...
Amazon Web Services (AWS) and SSAB have entered into a collaboration to deliver fossil-free steel for AWS’s three new data centers in Mälardalen, Sweden. This initiative, which utilizes SSAB’s HYBRIT® technology, represents a significant step...
IBM has launched IBM Maximo Renewables, a platform aimed at supporting the management of renewable energy assets such as solar, wind, and energy storage systems. The tool is designed to assist organizations in monitoring asset...
