Technology: Page 9
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BlackRock, Microsoft, others form AI and energy infrastructure investment partnership
Microsoft President Brad Smith said the funding necessary to build out the data centers, AI factories and energy needed to power them “goes beyond what any single company or government can finance.”
By Lamar Johnson • Sept. 19, 2024 -
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US solar panel manufacturing jumps fourfold after Inflation Reduction Act
The sector is enjoying massive production investment thanks to the clean energy law, even as it contends with heightened tariffs.
By Joelle Anselmo • Sept. 19, 2024 -
Explore the Trendline➔
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TrendlineTop 5 stories from ESG Dive
This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.
By ESG Dive staff -
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JBS unlocks renewable gas production at US beef and poultry plants
With help from GreenGasUSA’s on-site systems, the Brazil-based meat giant plans to transform methane from its wastewater streams into sustainable fuel.
By Nathan Owens • Sept. 18, 2024 -
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Occidental’s 1PointFive secures up to $500M from DOE for carbon removal
The Department of Energy’s Office of Clean Energy Demonstrations will provide the funding to develop a direct air capture hub which can remove 500,000 metric tons of carbon dioxide annually.
By Zoya Mirza • Sept. 17, 2024 -
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Matt Damon-backed WaterEquity pulls $100M+ from Microsoft, Starbucks, others for new climate fund
The Water & Climate Resilience Fund aims to make safe water or sanitation accessible to 15 million people based across Africa, Asia and Latin America.
By Zoya Mirza • Sept. 16, 2024 -
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EPA issues violation notice to ADM over carbon sequestration permit
The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.
By Lamar Johnson • Sept. 16, 2024 -
Courtesy of Hyundai Motor Group
GM, Hyundai plan global alliance on EVs, clean-energy tech
The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.
By Eric Walz • Sept. 13, 2024 -
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Google taps direct air capture startup for latest carbon removal deal
The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.
By Zoya Mirza • Sept. 11, 2024 -
Justin Sullivan / Staff via Getty Images
BofA closes $205M tax equity deal for carbon capture, clean fuel credits
Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.
By Lamar Johnson • Sept. 11, 2024 -
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FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners
The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.
By Lamar Johnson • Sept. 10, 2024 -
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Workiva, Visual Lease team up to boost sustainability reporting
The partnership between the ESG reporting software firm and the lease management platform will allow mutual clients to accurately report progress on their sustainability goals.
By Zoya Mirza • Sept. 10, 2024 -
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White House announces $7.3B financing for rural clean energy projects
The federal funding will support 10 GW in clean energy projects lowering electricity costs for cooperative utilities in 23 states, the White House said.
By Ethan Howland • Sept. 10, 2024 -
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EPA issues first set of carbon storage draft permits for Texas
The Environmental Protection Agency’s permits will allow Oxy Low Carbon Ventures to store approximately 722,000 metric tons of carbon dioxide annually in three underground wells.
By Zoya Mirza • Sept. 9, 2024 -
Michael M. Santiago via Getty Images
Nasdaq partners with Crux to help companies access clean energy tax credits
The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.
By Lamar Johnson • Sept. 9, 2024 -
Courtesy of Volvo
Volvo scales back its EV goals
In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.
By Haley Cawthon • Sept. 9, 2024 -
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CleanCapital, Sunrock to deploy solar, battery storage in US communities
CleanCapital’s senior director of investments and capital markets said the partnership will allow the companies to accelerate the nation's energy transition “where it matters most.”
By Lamar Johnson • Sept. 5, 2024 -
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Microsoft launches decarbonization team to slash supply chain emissions
The new three-member team will help Microsoft tackle scope 3 emissions generated by purchased goods and services and those produced by its cloud and artificial intelligence operations.
By Zoya Mirza • Sept. 5, 2024 -
Sean Gallup via Getty Images
US wind energy investment soars while solar stagnates: BloombergNEF
While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to an analysis by BloombergNEF.
By Emma Penrod • Sept. 5, 2024 -
David Paul Morris via Getty Images
Oxylus Energy nabs $4.5M for clean fuel tech
The climate tech company said the funding will help develop and scale its carbon conversion project which produces green methanol — an alternative fuel that can help slash emissions.
By Zoya Mirza • Sept. 4, 2024 -
Courtesy of The Chemours Co.
Chemours opens EV battery innovation center in Delaware
The research and development facility will focus on developing and improving lithium-ion batteries for electric vehicles.
By Sara Samora • Aug. 30, 2024 -
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US clean energy jobs grew 4.2% in 2023: DOE
The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.
By Robert Walton • Aug. 29, 2024 -
Justin Sullivan via Getty Images
Meta inks geothermal deal for data centers
Meta’s deal with Sage Geosystems will provide up to 150 megawatts and be the first use of next-gen geothermal east of the Rocky Mountains.
By Lamar Johnson • Aug. 28, 2024 -
Courtesy of Toyota
DOE doles out another $50M to support EV manufacturing
The Biden-Harris administration said the funding will go to six states with “significant automotive workforces” to help suppliers adapt their facilities.
By Haley Cawthon • Aug. 27, 2024 -
Michael M. Santiago via Getty Images
Uber taps former Tesla exec to oversee sustainability strategy, shift to EVs
Rebecca Tinucci, previously Tesla’s head of charging, will oversee the ride-share giant’s transition to becoming an emissions-free mobility platform by 2040.
By Zoya Mirza • Aug. 23, 2024 -
Courtesy of Ford Motor Co.
Ford scraps electric SUV plans, delays next-generation truck
The automaker is taking a $400 million hit as it shifts its electrification strategy yet again.
By Haley Cawthon • Aug. 22, 2024
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