FREYR Acquires 5GW Solar Module Plant from Trina Solar for $340 Million
Norway-based FREYR Battery announced an agreement to acquire the U.S. solar manufacturing assets of China-based Trina Solar, and with it Trina’s new 5 GW,...
NatureFinance Launches Tool Enabling Investors, Banks to Assess Portfolio Nature Impact
Green finance-focused not-for-profit organization NatureFinance announced today the launch of NatureAlign, a new tool designed to help financial institutions assess and progress on their...
Saint-Gobain, Boralex Sign 20-Year PPA Enabling Development of Three New Renewable Energy Projects in France
Construction materials and services company Saint-Gobain announced today that it has signed a 20-year renewable Power Purchase Agreement (PPA) with Quebec-based clean energy company...
EU Insurance Regulator Calls for Higher Capital Requirements for Fossil Fuel Assets Due to Transition Risk
The European Insurance and Occupational Pensions Authority (EIOPA), the EU’s insurance and pension-focused financial regulator, announced the release of a new report, recommending to...
California Climate Disclosure Regulation Passes Major Legal Hurdle
A new California law that will effectively require most large U.S. companies to disclose their value chain emissions and report on climate-related financial risks...
UK Regulator Drops Green Claims Investigation into Unilever Following Changes by Company
The UK’s Competition and Markets Authority (CMA) announced that it has closed an investigation into environmentalEnvironmental criteria consider how a company performs as a...
H&M Signs Solar PPA Enabling New Renewable Energy Construction in Texas
H&M Group announced that it has signed a new virtual power purchase agreement (VPPA) with solar project developer and operator Lightsource bp, supporting the...
Electric Aircraft Company BETA Technologies Raises $318 Million
BETA Technologies, an electric aerospace company based in Vermont, announced that it has raised $318 million in Series C equity capital. The funding will...
Los Angeles County Sues Coca-Cola and PepsiCo Over Plastic Pollution, Recyclability Claims
Los Angeles County announced that it has filed a lawsuit against beverage giants PepsiCo and Coca-Cola, claiming that the companies play a significant role...
Proposed EU Financial Services Commissioner to Push for Sustainable Investment Product Labels, Reduced Reporting Burdens
The EU’s sustainable finance framework would benefit from new measures to help reduce greenwashing risk, such as green and transition labels for sustainable investment...