Author: omc_admin

Paris-based alternative asset manager Tikehau Capital announced today the acquisition of Spanish sustainable mobility solutions provider EYSA Group from investment firm H.I.G Capital, with plans to expand the group’s digitized mobility infrastructure systems globally. Tikehau said that its investment aims to accelerate EYSA’s growth and consolidate it into a global platform. The acquisition is being made from Tikehau’s flagship private equity decarbonisation strategy, which supports companies advancing energy efficiency, electrification, low-carbon solutions and climate adaptation. Founded in 1975 and headquartered in Madrid, EYSA provides solutions aimed at improving mobility and promoting sustainable transport infrastructure. The company is active in a…

Standardised Framework: ACRA’s Sustainability Reporting Body of Knowledge (SR BOK) sets a national benchmark for sustainability-reporting education aligned with ISSB standards. Workforce Upskilling: The initiative supports Singapore’s talent pipeline for climate disclosure roles, aligning with the SG Green Plan 2030 and upcoming regulatory demands. Broad Industry Backing: Endorsed by over 50 stakeholders and supported by ISSB, ISCA, and major educational institutions to boost consistency and quality in sustainability training. Singapore’s Accounting and Corporate Regulatory Authority (ACRA) has launched the Sustainability Reporting Body of Knowledge (SR BOK)—a structured guidebook designed to help training providers create high-quality, ISSB-aligned programmes for professionals in…

The Department of Energy (DOE) said Monday it will proceed with issuing final orders on pending applications to export liquefied natural gas (LNG) to countries with no free trade agreement (FTA) with the United States. It has now prepared a response to comments on a Biden-era study reviewing permitting considerations and thereby “completed the final hurdles left over from the Biden administration’s reckless pause on LNG export permits, paving the way for the Trump Administration to fully unleash American LNG exports”, the DOE said in an online statement. On January 21 Donald Trump, upon taking office in his second nonconsecutive…

$27M Series C fuels expansion: Novisto will enhance its ESG platform and double down on European growth, building a regional team to match its North American operations. Revenue nearly tripled since Series B: The company’s accelerated growth signals rising demand for streamlined, high-quality sustainability reporting. Strategic partnerships drive adoption: Global leaders like Sanofi and The Emirates Group are leveraging Novisto to meet complex ESG disclosure mandates. Novisto, a Canada-based ESG reporting software provider, has secured $27 million in Series C funding to scale its operations across Europe and further enhance its sustainability platform. The round was led by Inovia Capital,…

The Trump administration has reversed its decision to halt Empire Wind, a large-scale offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy, according to a statement by New York Governor Kathy Hochul The announcement follows an order by the U.S. Department of the Interior in April to stop construction activities on the Empire Wind project, with U.S. Secretary of the Interior Doug Burgum stating that the order was made pending a “review of information that suggests the Biden administration rushed through its approval without sufficient analysis.” Following the order, Hochul said that…

Australia’s Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50% by the end of the decade, chief executive Meg O’Neill said at an industry conference on Tuesday.Woodside Energy, the biggest natural gas producer in Australia and developer of LNG projects at home and abroad, has seen customers willing to lock in LNG supply into the 2040s, the executive said at the World Gas Conference in Beijing.“The message is very clear, consistent, around the desire for more affordable reliable energy for nations on their journey towards net zero and gas is…

Major Clean Energy Boost: Google’s latest agreement supports over 600 MW of solar and solar-plus-storage capacity, expanding its renewable energy footprint in South Carolina. Strategic Grid Investment: The deal strengthens local energy infrastructure while enabling Google to move closer to its 2030 net-zero goal. Corporate Sustainability Partnership: This marks Google’s second clean energy partnership with energyRe, now totaling over 1 GWac of renewable capacity. Google has signed a renewable energy agreement with U.S.-based clean energy developer energyRe, securing Renewable Energy Credits (RECs) from over 600 megawatts (MW) of new solar and solar-plus-storage projects in South Carolina. The deal aims to…

Africa-focused energy company Chariot Limited said it has regained its Moroccan offshore interests from Energean plc with the acquisition of its subsidiary, which holds 45 percent and 37.5 percent, respectively, in the Lixus Offshore and Rissana Offshore licenses. Chariot is now the operator of the assets, with a 75 percent working interest in each license, with Morocco’s National Office of Hydrocarbons and Mines, or ONHYM, retaining its 25 percent stake. The Anchois gas field is located in the Lixus Offshore license, where three wells have been drilled, Chariot said in a news release. The Anchois-3 well was completed in September…

Today, the Commission announced the selection of 15 renewable hydrogen production projects for public funding across the European Economic Area (EEA). The projects, located across five countries, are expected to produce nearly 2.2 million tonnes of renewable hydrogen over ten years, avoiding more than 15 million tonnes of CO₂ emissions. The hydrogen will be produced in sectors such as transportation, the chemical industry, or the production of methanol and ammonia. They will receive a total of €992 million in EU funding, from the Innovation Fund sourced from the EU Emissions Trading System (ETS). The winning bidders, awarded after the second European Hydrogen Bank (EHB) auction, will produce the renewable hydrogen in Europe…

ETS Alignment Post-Brexit: The EU and UK will begin formal work to integrate their emissions trading systems (ETS), potentially reuniting carbon markets post-Brexit. Trade Incentives: Linked ETSs could lead to mutual exemptions under each bloc’s Carbon Border Adjustment Mechanisms (CBAM), reducing regulatory friction for exporters. Climate Ambition Benchmark: The UK must match or exceed EU emissions reduction targets to finalize linkage, raising the bar for national climate policy. The European Commission and the UK government have agreed to work towards linking their carbon markets, in a move that could unify the EU and UK Emissions Trading Systems (ETS) and reshape…