PG&E Secures $15 Billion U.S DOE Loan for Hydropower, Battery Expansion
Massive infrastructure boost: The $15 billion loan will fund hydropower, battery storage, and grid-enhancing technologies, including virtual power plants across Northern and Central California. Customer savings: PG&E estimates over $1 billion in lifetime savings for customers due to lower interest rates and reduced annual costs. Community benefits: Investments prioritize underserved communities, workforce development, and outreach […]
Vanguard Renewables Appoints Michael O’Laughlin as New CEO
Proven leadership: Michael O’Laughlin, with 20+ years of expertise across industries, will spearhead Vanguard’s growth and innovation in renewable energy. Farm Powered® expansion: Under his leadership, Vanguard aims to scale its anaerobic digester platform nationwide. Sustainability focus: O’Laughlin brings a strong ESG track record and commitment to advancing renewable energy and decarbonization. Vanguard Renewables has […]
PwC, Oracle Launch New Service to Simplify Pillar Two, CSRD, and CBAM Reporting
Streamlining global compliance: PwC leverages Oracle Fusion Cloud to automate data consolidation and meet new reporting standards. Integrated tax and sustainability solutions: Services address OECD Pillar Two, CSRD, and CBAM requirements with tailored data strategies. Strategic advantage: Automation and analytics empower businesses to turn compliance into a competitive edge. PwC has partnered with Oracle to […]
Canada Releases First Sustainability Disclosure Standards in Alignment with ISSB Global Framework
New sustainability standards launched: CSDS 1 and CSDS 2 now part of CPA Canada’s Sustainability Handbook, supporting consistent reporting across sectors. Generous transition relief: Extended timelines for Scope 3 GHG emissions reporting and quantitative scenario analysis to ease adoption. Focus on Canadian priorities: The Criteria for Modification Framework ensures alignment with national needs. Canada has […]
Deutsche Bank Supports $1.46 Billion Financing for GPG’s Renewable Energy Growth
Massive renewable expansion: Deutsche Bank backs GPG’s AUD 2.3 billion financing for wind, solar, and battery projects, totaling 1 GW of operational capacity and 870 MW in development. Advancing sustainable finance: This marks Deutsche Bank’s 24th renewable energy financing in Australia, driving toward a 3.6 GW total in 2024. Comprehensive project portfolio: GPG’s assets include […]