Italy Calls for Suspension of EU Carbon Market as ETS Debate Intensifies Across Europe
Italy urges suspension of the EU Emissions Trading System ahead of a planned summer reform proposal, citing competitiveness risks for energy intensive industries. Since 2005, the ETS has cut emissions by 39 percent and generated more than €260 billion, around $282 billion, in revenues for clean energy and climate investment. Nordic industry groups defend the […]
Air Liquide, Holcim Target 1.1 Million Tons of Annual CO₂ Capture at Belgium Cement Plant
Project aims to capture 1.1 million tons of CO₂ annually from Holcim’s Obourg cement plant in Belgium Captured CO₂ to be transported to Antwerp@C for shipment and permanent offshore storage in the North Sea Final Investment Decision contingent on infrastructure regulation and public derisking support Air Liquide and Holcim have signed a strategic agreement to […]
Zelestra Advances 27.5 MWdc Klevenow Solar Project in Germany
27.5 MWdc solar plant secured under Germany’s EEG tenders, targeting 28,700 MWh annual generation. Estimated 9,500 tonnes of CO₂ avoided per year, supplying commercial and industrial demand in the Pomeranian Triangle. Hybrid 30 MWh battery storage scheme in development as part of a broader 2 GW German solar and BESS pipeline. Zelestra has advanced construction […]
UK Finalises Sustainability Reporting Standards Aligned With IFRS Baseline
UK publishes final UK SRS S1 and S2 aligned with IFRS Sustainability Disclosure Standards, available for voluntary use. FCA consulting on Listing Rules changes, with potential mandatory reporting for certain UK entities. Governance architecture established through Technical Advisory Committee and cross regulator Policy and Implementation Committee. London has formally embedded the global sustainability reporting baseline […]
Terpel To Acquire 26.4 MW Colombia Solar Plant From Climate Fund Managers
Organización Terpel S.A. to acquire 100% of the 26.4 MWp Pétalo del Norte de Santander I solar plant in northern Colombia, pending regulatory approval. Facility generates over 45 GWh annually, serving about 32,600 people and avoiding roughly 13,276 tonnes of CO2 each year. Transaction marks Climate Fund Managers’ first exit in Latin America, following an […]
