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Energize Capital Raises $430M for Climate Tech Ventures

Climate Startup Aspiration Partners Files for Bankruptcy Amid Fraud Scandal

Aspiration Partners, a climate finance startup backed by Microsoft and Meta, files for bankruptcy after co-founder Joseph Sanberg’s fraud scandal derails funding. $170M in debts remain unpaid.

Lithos Carbon and Morin Ag Leverage Basalt for Carbon Capture and Soil Enrichment

Lithos Carbon and Morin Ag Services use basalt for a groundbreaking dual purpose: carbon capture and soil enrichment. Their work is transforming farming and advancing climate solutions.

Cleantech Startup SpotmyEnergy Raises €10.5 Million to Boost Home Energy Efficiency

Climeworks and KAPSARC Join Forces to Exlpore Direct Air Capture in Saudi Arabia

Extantia Capital Raises €204 Million to Drive Climate Tech Innovation

Extantia Capital closes its €204M climate tech fund to back startups advancing sustainable solutions, focusing on early-stage investments and scaling innovations that align with economic and environmental goals.

Pioneering CO2 Storage: Total Energies, Shell, and Equinor Launch World's First Commercial Carbon Capture Project in Norway

The Northern Lights joint venture, a collaboration between TotalEnergies, Shell, and Equinor, has completed the world’s first commercial CO2 transportation and storage project in Norway. This landmark project is designed to capture and store carbon emissions from hard-to-abate industries across Europe, marking a significant advancement in global decarbonization efforts. Launched in late 2020 as part of Norway's Longship carbon capture and storage (CCS) initiative, Northern Lights includes a terminal for receiving liquid CO2, a 100 km subsea pipeline, and storage facilities located 2,600 meters below the seabed. The first phase of the project can transport and store 1.5 million tons of CO2 annually, with plans to expand capacity to over 5 million tons per year. The project's first CO2 injection is expected in 2025. This milestone, supported by the Norwegian government, establishes a critical CCS value chain for reducing industrial emissions in line with the Paris Agreement targets.