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 […]
Apollo Commits $400M in JV with Summit Ridge Energy to Scale U.S. Commercial Solar Projects
Apollo boosts commercial solar investment with $400M joint venture in Illinois. Summit Ridge’s 2GW pipeline expands U.S. energy independence and grid resilience. Partnership builds on Apollo’s $58B commitment to energy transition investments. Apollo Funds have committed up to $400 million to a new joint venture with Summit Ridge Energy, aimed at owning and operating commercial […]
Masdar Deepens Indonesia Partnership with PLN to Advance Net Zero Through Floating Solar
New Jatigede floating solar plant to begin development in 2024, following Masdar’s lowest-tariff bid in Indonesia’s Hijaunesia 2023 program. Expansion of Cirata Floating Photovoltaic Power Plant on track after feasibility study and regulatory support. Agreements support Indonesia’s ambitious 75GW renewable energy target and its net-zero emissions goal by 2050. Abu Dhabi Future Energy Company PJSC […]
