RENEWABLE ENERGY
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Epson Achieves 100% Renewable Electricity for All Japanese Facilities
Epson announced on Tuesday it has achieved a major sustainability milestone by switching to 100% renewable electricity for all its 14 owned sites in Japan in 2021. This accomplishment marks a significant step in Epson’s ongoing commitment to environmental sustainability and sets a benchmark for the manufacturing sector worldwide. The manufacturing sector, accounts for around a third of the world’s…
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Africa’s renewable energy market poses $193-Billion opportunity by 2031
The size of Africa’s investment opportunity in renewable energy represents a potential US$193-billion by 2031. However, realising this potential will require access to innovative funding models and a robust secondary finance market to recycle and widen the available capital pool. This is according to new research from global consultancy firm Wood Mackenzie, commissioned by Revego Fund Managers and MOBILIST. Amid…
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UK foodtech startup Clean Food Group secures £2.5m funding to accelerate commercialization of its sustainable oils and fats technology
UK-based foodtech startup Clean Food Group, has announced a further £2.5 million in funding from Clean Growth Fund, a climate-specific UK venture capital fund, providing UK cleantech entrepreneurs with the expertise and capital they need to reduce carbon emissions and tackle the climate crisis. The funding will be used to accelerate the commercialization of Clean Food Group’s sustainable oils and…
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Hamburg-based Novocarbo raises €25m funding to catalyze Europe’s net zero infrastructure
Hamburg-based startup Novocarbo, has secured €25 million in growth funding to establish a pan-European infrastructure network of its net-zero solution. The investment, made by SWEN Capital Partners (SWEN CP), marks one of the largest CDR-investments in Europe within the last year. With the new financing through the SWEN Impact Fund for Transition 2 fund, Novocarbo will further expand its network…
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UK-based startup WASE secures £8.5m to scale waste-to-energy technology
WASE, a UK-based startup that is unlocking the power of waste to make it the fuel for the future, announced it has secured £8.5 million funding round. The round was led by Extantia Capital, with participation from Hitachi Ventures, WEPA Ventures, the family venture capital firm of the European multigenerational family business WEPA, and Engie New Ventures, the CVC arm of the global energy…
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DP World Partners with Masdar to drive renewable power for port operations in Middle East and Africa
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a global leader in clean energy, to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa. The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global…
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COMESA in partnership with World Bank launch $50 million project to promote sustainable energy access
The Common Market for Eastern and Southern Africa (COMESA) and the World Bank are set to implement a $50 million regional platform to support COMESA Member States and other participating countries to promote sustainable energy access investments. This is part of a new World Bank $5 billion program designed to accelerate sustainable and clean energy access and provide life-transforming opportunities…
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Roam secures $24m Series A funding to accelerate electric vehicle production in Kenya
Roam, an electric mobility player in electric vehicle (EV) innovation in Africa, is set to expand its operations in Kenya, following a $24 million Series A funding round. This funding round was led by Equator Africa and includes investments from Renew Capital, At One Ventures, TES Ventures, The World We Want, and One Small Planet, among other prominent private and…
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Wastewater recycling company Membion receives €5m investment to accelerate growth
Membion GmbH, the Aachen-based developer and producer of membrane bioreactor (MBR) modules for wastewater treatment, has received an investment of €5 million led by TechVision Fonds (TVF) and DeepTech & Climate Fonds (DTCF). With the multi-patented technology, municipal and industrial wastewater treatment plant operators can meet the growing demands on water quality and significantly reduce operating costs. Membion will use the…
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Uptake Alliance announces inaugural cohort of 15 climate-tech startups
Uptake Alliance, an emerging venture development program dedicated to fostering breakthrough climate technologies, has announced the selection of its inaugural startup cohort. The innovation program, designed to facilitate and propel startups to secure commercial agreements, boost revenue, assemble exceptional teams, and secure funding, launches later this month. The program will feature an extensive and bespoke curriculum, mentorship from industry experts,…
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