HSBC Holdings Plc said it did $54.1 billion in deals it categorized as sustainable finance in the first half of 2025, marking a 19% increase from the same period a year ago by Europe’s biggest bank. The dealmaking, announced in connection with HSBC’s interim results on Wednesday, means the bank has now provided $447.7 billion in sustainable finance since the...
Four Democratic U.S. senators on Friday slammed last month’s directive by Interior Secretary Doug Burgum requiring his office to review decisions on every wind and solar power project on federal lands, saying it will lead to delays and discourage private investment as power demand rises. The lawmakers said the directive creates a bottleneck that will block progress...
Nuclear fusion startup Helion, whose backers include Sam Altman, has started site prep in Washington state for a reactor it hopes to have running by 2028. Why it matters: Fusion companies are inching closer to bringing the tech, long considered a distant dream, into commercial reality. Read more in Axios here.
Zenobē, a grid-scale battery storage specialist, and Wärtsilä Energy Storage have launched a project designed to store excess power from several offshore wind farms in the North Sea. Power grid operators are recognizing the importance of energy storage when it comes to integrating renewable energy to electricity transmission and distribution systems. The integration of wind...
A massive report studying nearly 14.5 million students in 61 countries found that long-term heat exposure is interfering with students’ abilities to learn —and prolonged heat streaks are only getting worse. Why it matters: Increasingly high temperatures are worsening disparate educational outcomes, with the potential for long-term impacts on graduation rates and cognitive ability to grow as the globe continues to...
Rising electricity prices are a top concern for American families, and with demand set to surge, we desperately need more supply. Yet bureaucratic inertia in America’s permitting process has deterred investment and slowed the development of all forms of energy. House Natural Resources Committee Chairman Bruce Westerman (R-AR) is working to fix that.
A new solar development in Sicily is redefining how mid-sized corporations access renewable energy. Autodesk, IDEXX Laboratories, Synopsys, and an unnamed fourth participant have collectively secured 30 MW of clean energy from the Catania Solartrack project, a 50 MW facility currently under development by Aquila Clean Energy EMEA in eastern Sicily. The agreement, brokered through Sustainability Roundtable...
The UK Atomic Energy Authority (UKAEA) has renewed its four-year Embedded Engineering Resource Framework, valued at up to £9m ($12m), with seven companies. The renewal follows a four-year partnership in which engineers from seven specialised companies were supplied to UKAEA to support its mission to deliver fusion energy. Their collaborative effort not only facilitates the...
China is the world’s largest generator of wind power and a team of researchers at the heart of the global wind industry has just discovered an inconvenient truth: weather-dependent sources of electricity are a bad bet when the climate is changing. In an article published this week in the journal Nature Climate Change, the Beijing and...
Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable. Here are some projects that have been cancelled, postponed or scaled back. Read more in Reuters here!
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