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ENERGY
PowerBank announces $1.1m incentive for 7.1 MW solar project in New York
PowerBank Corporation (PowerBank), a player in distributed solar energy, battery storage, and clean energy infrastructure across North America, announced that its 7.1 MW Jordan Rd 2 community solar project located on privately-owned brownfield lands in Skaneateles Falls, New York, has been approved for up to $1.1 million in incentives through the New York State Energy Research and Development Authority (NYSERDA)…
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NEWS
Chestnut Carbon issues first U.S. IFM carbon credits with Verra’s removals tag
Chestnut Carbon (Chestnut), a U.S. developer of nature-based carbon removal projects, announced that its Improved Forest Management (IFM) project has been issued 95,909 new carbon credits that utilize Verra’s carbon removal tag. These credits represent the first IFM credits issued to a U.S.-based project that uses Verra’s newly introduced tool for differentiating reductions and removals in IFM Projects (VT0015). These…
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CLIMATE
Sora Fuel closes $14.6m round to scale air-to-jet fuel technology
Sora Fuel, a climate technology company that makes jet fuel from just air, water, and renewable energy, has closed a $14.6 million round. The round was co-led by Spero Ventures and Inspired Capital, alongside super pro-rata investments from Engine Ventures and Wireframe Ventures. Sora has proven that its proprietary system can capture CO₂ directly from ambient air and convert it…
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NEWS
BFA Global,FSD Africa Award $273k to Scale East African Climate Startups
BFA Global and FSD Africa have announced $273,000 in follow-on funding and venture-building support for four early-stage climate businesses in East Africa, backing startups working in clean energy, cold storage, carbon market access and food systems. The support will go to alumni of previous cohorts of the Triggering Exponential Climate Action (TECA) venture-building programme, an initiative designed to help climate…
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SUSTAINABILITY
Woodchuck partners with Walbridge to advance customers’ construction sustainability goals
A new collaboration between Woodchuck and Walbridge is demonstrating how data-driven waste management can significantly improve sustainability outcomes on large-scale construction projects, with early success reported at a major facility for Ford Motor Company in Marshall, Michigan. The initiative, launched to support Ford’s waste-reduction goals at its new manufacturing site, leverages Woodchuck’s AI-powered platform to track and optimize the handling…
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LATEST
African Green Banks Initiative: How the AfDB Is Building a $1.5 Billion Climate Finance Machine
For decades, Africa has faced a cruel paradox: the continent least responsible for global carbon emissions faces some of the most severe consequences of climate change, yet receives a fraction of the global finance needed to respond. A pan-continental initiative from the African Development Bank (AfDB) is now trying to permanently fix that equation. The African Green Banks Initiative (AGBI),…
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LATEST
TechTrends Media Announces The GreenShift Sustainability Forum
TechTrends Media, in strategic partnership with Africa Business Communities, is proud to announce the GreenShift Sustainability Forum, a premier full-day event dedicated to accelerating Africa’s transition toward a resilient and sustainable economy. Scheduled for August 2026, the forum will convene under the theme: “Driving Africa’s Sustainable Future: Innovation, Collaboration & Action.” As the continent faces the dual challenge of rapid…
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NEWS
KCB Deepens ESG Push with KSh 50 Billion Green Loan Portfolio Across East Africa
KCB Group PLC has cemented its position as a leader in sustainable finance within East Africa, announcing a significant KSh 50 billion issuance in green loans across its operations in Kenya, Rwanda, Tanzania, and Uganda. This milestone, detailed in the Group’s FY2025 investor update, underscores a strategic pivot toward integrating Environmental, Social, and Governance (ESG) principles into the heart of…
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ENERGY
Kenyan Clean Cooking Startup KOKO Networks Abruptly Shuts Down Amid Carbon Credit Standoff
KOKO Networks, the Kenyan bioethanol cooking fuel provider, has ceased all operations effective immediately. The shutdown follows a protracted standoff with the Kenyan government over the refusal to issue a critical Letter of Authorisation for carbon credit sales. The collapse of the startup, often cited as a poster child for climate finance in Africa, has left over 700 employees jobless…
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ENERGY
Revego Africa Energy Fund Breaks New Ground with Solar Investment in South Africa
Revego Africa Energy has announced a significant step forward in its renewable energy strategy with the development of a 150MW solar photovoltaic (PV) plant in South Africa’s Free State province. The project marks Revego’s first greenfield investment and is set to play a pivotal role in supplying clean, cost-effective power to the country’s commercial and industrial sectors. The utility-scale solar…
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