Investment
Maersk Bets on Carbon Neutral Shipping
The world’s largest container shipping company, AP Møller Maersk, has invested $7 billion (€5.95 billion) in order to advance its decarbonisation strategy. Maersk ordered eight container vessels from Hyundai Heavy Industries that will be able to operate on carbon-neutral e-methanol…
Commentary: SGN Chosen for Thames Water Biogas Installations
SGN Commercial Services (SGN) has been chosen to design, construct, operate, and maintain all the biogas processing installations at Thames Water’s wastewater treatment facilities in the United Kingdom. The initial project is under a eight-year framework contract worth £70 million…
London’s Iconic Buildings to get Green Revamp
UK renewable energy solutions provider Vital Energi has been awarded a contract by the City of London Corporation to carry out energy-saving refurbishments of buildings such as the Barbican Centre and Guildhall School of Music and Drama. It is estimated…
Soil specialist Biome Makers lands $15m funding
US-based soil biology startup yesterday (25 August) announced it has raised $15m in its latest series B funding round for its proprietary technology, using AI tech to develop sustainable farming practices based on soil analysis. The latest funding round was…
WWF Reports Millions of Green Jobs Could Be Created If Subsidies Are Diverted
According to WWF, tens of millions of jobs could be created if government subsidies were diverted into greener activities. The report examined the potential impact on employment of turning the annual $500 billion governments currently invest into environmentally harmful activities.…
USDA invests $26m in Renewable Biofuels Infrastructure
Late last week, the US Department of Agriculture (USDA) announced it will be investing $26m into developing infrastructure to support wide scale rollout of higher-blend renewable fuels. Through this new scheme, it is anticipated that availability of these biofuels will…