Energy transition

Ecop says its rotation heat pump device will enable industrial producers and municipalities to slash the use of fossil fuels for heating and save thousands of tonnes of CO2 per year.

The funding will accelerate the development of new home energy products and expansion across Europe, as the firm says it wants to help three million households transition to sustainable energy by 2030.

Thriving community organisations are making a valuable contribution to the UK’s energy transition, but funding remains tight. They are hoping the new Labour government will provide more support.

44.01, a tech firm named after the molecular weight of carbon dioxide, attracted investors including climate investment leaders, geological carbon storage experts and technology developers.

Seaya’s founder Beatriz González is optimistic about prospects for the sector, despite the current tough investment environment and political uncertainties surrounding the pace of the energy transition.

‘Impact Investing and the Just Transition’ report: Infrastructure investors are playing a central role in funding the energy transition but sustainable infrastructure strategies are increasingly encompassing social impact and factoring in a just transition.

British International Investment, the UK’s development finance institution, is funding a second green bond arranged by Symbiotics, lending to MSME banks supporting India’s green energy goals.

The World Economic Forum’s annual report on the energy transition finds many countries are still heading in the right direction, but that progress is slowing.

A report from UBS Asset Management and Planet Tracker aims to provide investors in solar, wind and bioenergy with a roadmap on holistic approaches to nature-related risks.

The agency’s chairman Fatih Birol is pushing for increased institutional support for lagging investment in developing countries. He wants the issue to be the focus of this year’s COP29 climate talks in Azerbaijan.