Excelsior Energy Capital Raises $1 Billion for Second Renewable Energy Fund
$1B final close significantly exceeds $750M target, marking a strong vote of confidence from global institutional investors in Excelsior’s energy transition strategy. Over 50% of Fund II already deployed across 15 projects totaling 2.25 GW of solar and battery storage capacity. Development Bank of Japan anchors the fund, with global LP support from the U.S., […]
Qantas, Airbus Commit AUD15 Million to Climate Fund to Support SAF Development
AUD$15M Joint Investment: Airbus and Qantas are investing in Climate Tech Partners to accelerate aviation decarbonisation, particularly Sustainable Aviation Fuel (SAF). Commercialisation Focus: The initiative targets early-stage climate technologies to bridge the gap to large-scale implementation in Australia. Strategic Collaboration: CTP will work closely with aviation stakeholders to develop SAF production, feedstocks, and broader climate […]
Japan’s JFE Steel Unveils $2.2B Project to Deliver World’s First Low-Carbon, High-Grade Steel
$2.2B investment in carbon-neutral steel production: JFE Steel’s new facility at West Japan Works is backed by a government grant of up to $690M to build an electric arc furnace with a 2 million-ton annual capacity. First mass production of high-function steel via low-carbon process: The facility aims to produce advanced steel products—including electromagnetic and […]
Microsoft Signs 3.7M Tonne Carbon Removal Deal with CO280 Using U.S. Paper Mill Emissions
Landmark 12-Year Agreement: Microsoft to purchase 3.685 million tonnes of carbon dioxide removal (CDR) from CO280, one of the largest engineered CDR purchases to date. CDR at Scale in Legacy Industry: CO280 will retrofit pulp and paper mills with carbon capture and storage (CCS) technology, tapping into a $88M-tonne/year biogenic CO₂ opportunity. Economic Catalyst for […]
South African Tycoon Dr. Igbal Survé Taps Global AI Talent Market to Compete with NVIDIA in $2 Billion Global AI Chip Design Startup
At the 2025 World Economic Forum in Davos, South African tycoon Dr. Iqbal Survé, founder of Sekunjalo Group, unveiled a $2 billion AI chip design startup poised to compete with NVIDIA. Announced during a session at Africa House, this ambitious venture focuses on innovative chip design and software, steering clear of manufacturing to target the […]
