Heidelberg Materials Gets Green Light for $522M UK Carbon Capture Cement Plant
Heidelberg’s Padeswood plant will capture up to 800,000 tonnes of CO₂ annually, advancing UK industrial decarbonisation. The facility supports the government’s net zero goals, aligning with CCS infrastructure like HyNet and the East Coast Cluster. Project to generate 500 construction jobs and 50 permanent roles, reinforcing economic and environmental objectives. Heidelberg Materials has received planning […]
LEGO Unveils $1B Solar-Powered Factory in Vietnam, Most Sustainable Yet
LEGO’s new Vietnam factory will run on 100% renewable energy by 2026, using rooftop solar and Vietnam’s first large-scale battery storage solution. Facility marks a major investment in Asia-Pacific expansion, supporting increased manufacturing capacity and future regional demand. LEGO’s community programs in Vietnam will reach over 60,000 children by the end of 2025 through educational […]
Startup RayGen Raises $83M in One of Australia’s Largest Clean Energy Tech Rounds
$127M Series D raise led by SLB marks one of Australia’s largest clean energy tech capital rounds. Strategic backing from global energy players and government agencies positions RayGen for international deployment. Proprietary solar-thermal storage tech addresses long-duration storage needs critical to energy transition. RayGen Resources has closed a landmark A$127 million Series D investment round, […]
UN Maritime Agency Adopts Global Shipping Fuel Standard and Carbon Pricing Rule by 2027
New IMO framework mandates net-zero emissions from shipping by 2050, applying to vessels over 5,000 gross tonnage—responsible for 85% of the sector’s CO₂ emissions. Dual compliance strategy includes global fuel standards and a carbon pricing mechanism, incentivizing cleaner operations and penalizing high emitters. IMO Net-Zero Fund will channel revenues toward innovation and infrastructure in developing […]
Santander and IFC Launch First $100 Million Green Building Loan in Chile
IFC’s first-ever green building loan in Chile and globally within the Santander Group. $100M investment includes performance-based incentives tied to EDGE-certified green building projects. Strengthens climate-aligned finance capacity in Chile’s construction sector through advisory and innovation support. The International Finance Corporation (IFC), part of the World Bank Group, has committed a US$100 million loan to […]
