Engie Brasil sets a net zero and 100% renewables goal for 2045
Engie wants to reach its goal of net zero by 2045 by generating electricity from 100% renewables and building the transmission lines to support it.
ENGIE to develop a 3 GW wind farm in Egypt
Toyota Tsusho and ENGIE have signed a deal with the Egyptian Electricity Transmission Company (EETC) to build, own and operate a new 3 GW wind farm
Iberdrola to invest €47Bn on energy transition by 2025
The Spanish utility reveals plans to invest €47Bn in the green transition ahead of 2025, with a large portion of the capital earmarked for power grid reinforcement.
TenneT issues €3Bn Green Bond
The Dutch transmission system operator (TSO) maintains its position as the largest corporate Green Debt issuer in euro globally, with €19.5Bn currently outstanding.
State Grid of China investing $22Bn in UHV grid
The State Grid Corporation of China is investing over CNY150bn ($22bn) for new ultra-high voltage (UHV) power transmission projects across China.
Grosvenor aims for 90% emissions reduction by 2040
Grosvenor is the first European property manager to see its short-term and long-term science based targets approved by SBTi.
Tillamook County Creamery aims for net zero by 2050
The Oregon-based firm aims to reduce its emissions by 30% by 2030 and to reach net zero by 2050.
AES to build $13Bn, 4-GW offshore wind project in Vietnam
The announcement would put Vietnam closer to its goal of 11.7 GW of offshore wind capacity by 2030 and 66 GW by 2045, up from 4 GW today.
Germany hands $15Bn bailout to Uniper
The state will take a 30% stake of the country’s largest natural gas importer in one of the largest corporate bailouts in German history.
Iberdrola secures €2.5Bn green credit line
More than 90% of the company's credit lines are now linked to its sustainability performance.
SSE issues $650m green bond
The bond will fund SSE's Net Zero Acceleration Programme and confirms the firm as the UK's largest green bond issuer, with five issuances in 6 years.
$8Bn green hydrogen facility to be built in Egypt
Egyptian authorities and Indian energy company Renew Power signed a MoU for the facility designed to eventually produce 220,000t of hydrogen.
PG&E pledges net-zero emissions by 2040
PG&E outlined a multi-decade plan that aim for net zero greenhouse gas emissions while still using natural gas to produce power.
Icon Water plans net zero emissions by 2045
Icon Water has released its eMission Possible Plan, detailing a strategy to reduce its carbon emissions to net zero by 2045.
Fortis Inc. announces net-zero by 2050 target
Fortis Inc., a well-diversified leader in the North American regulated electric and gas utility industry, announced a 2050 net-zero target.
Western Power Distribution makes net-zero pledge
Western Power Distribution has pledged to become a net zero emissions organisation by 2028.
Scottish water sector aims for net-zero by 2040
The Scottish water sector and government have launched a new collaborative workstream aimed at accelerating the transition to net-zero and maximising the positive social outcomes of the transition.
ESB sets out plan for net-zero by 2040
The ESB has set out to reach net-zero by 2040 and to increase its capacity from renewable energy sources five-fold by 2030 to 5 GW.
SSE sets 1.5C emissions targets on road to net-zero
SSE has announced accelerated goals for renewable energy development and reducing operational emissions through to 2030, but has also increased its profit forecast due to soaring gas prices.
A2A ups abatement investments to €18b by 2030
Italy's largest regional utility A2A said it would increase by 2 billion euros ($2.23 billion) investments aimed at cutting carbon emissions.
PG&E proposes 1.6GW of new battery storage
Plans to procure energy from nine large-scale battery energy storage system (BESS) projects in California have been announced by PG&E.
Enel brings net zero target forward to 2040
Italian utility expects to have 154GW of renewables and battery storage capacity by 2030, including 32GW of new wind.
SSE to invest £12.5b through 2026 for net zero
Energy giant SSE has unveiled a £12.5b capital investment plan for decarbonisation through to 2026.
Long Duration Energy Storage Council targets $3trn of investment in sector by 2040
25 organisations have co-launched a new collaboration on long-duration energy storage technologies.
EPCOR releases ESG report and sets pathway to net zero
Utility EPCOR is set to reduce greenhouse gas emissions 50% by 2025 and 85% by 2035 compared to 2020 emissions, and to reach net-zero by 2050.
Electricity North West joins race to zero
The network operator has now been included as a signatory to the list of companies taking action on the Science-based targets initiative.
AIGCC targets 5 Asian utilities on climate action
The $8.8t Asia Investor Group on Climate Change (AIGCC) has launched to engage with key Asian electric utilities on cutting emissions, strengthening disclosures and improving governance of climate-related risks.
GE, National Grid, Mitsubishi join LCRI
The Low-Carbon Resources Initiative (LCRI) is a 5-year, $100m R&D initiative aimed at developing solutions for deep decarbonization of the power sector.