Search Results for: projects

Global Renewable Energy Investment Still Reaches New Record as Investors Reassess Risks

Stuart Mitchell

Global investment in new renewable energy projects hit a record $386 billion in the first half of 2025, up 10% from the previous year. However, asset finance for utility-scale solar and onshore wind shrank by 13% compared to 1H 2024, reaching the lowest share of total investment since 2006, according to the latest investment data collected by BloombergNEF (BNEF) and published in the 2H 2025 Renewable Energy Investment Tracker. BNEF finds that utility-scale solar photovoltaic investment was particularly hit, falling 19% compared to the first half of 2024.  The markets…

PepsiCo Reports 2024 Progress Against PepsiCo Positive (pep+) Sustainability and Nutrition Goals

Stuart Mitchell

PepsiCo has released its 2024 ESG Summary, reporting progress against the company’s pep+ (PepsiCo Positive) sustainability and nutrition goals. The Summary is part of the company’s 2024 ESG Reporting Suite, which also includes an ESG Topics A-Z library and ESG Data Hub. Communicating with transparency remains at the heart of PepsiCo’s pep+ reporting approach, and these resources offer a view of progress made and challenges faced as the company aims to drive business growth and value by delivering a more sustainable, people-centric future. The Summary reflects progress against PepsiCo’s recently…

DP World Deploys Electric Internal Transfer Vehicles In Thailand

Stuart Mitchell

In its latest move towards achieving greener logistics, DP World, a leading global supply chain provider, has taken another significant step in its decarbonisation strategy with the deployment of five new electric internal transfer vehicles (eITVs) within its operations at Laem Chabang International Terminal (LCIT). The first batch of eITVs is expected to reduce carbon emissions by approximately 60% when compared to current ITVs powered by diesel. DP World aims to complete the full conversion fleet by 2030, which will decrease the terminal’s overall carbon footprint by around 12%, in…

Aviva Investors provides financing towards Haweswater Aqueduct Resilience Programme

Stuart Mitchell

Aviva Investors, the global asset management business of Aviva plc, announces it has provided £200 million of financing towards the design, build and maintenance of the Haweswater Aqueduct Resilience Programme (‘HARP’) in North West England. The investment has been made by Aviva Investors on behalf of Aviva’s Insurance, Wealth and Retirement (‘IWR’) business, providing up to £200 million of index-linked financing. HARP is a significant project to undertake essential maintenance across the 110 km Haweswater Aqueduct pipeline, which has supplied water from the Lake District to 2.5 million people across…

Flagship 71MW Enviromena solar farm goes live in Essex backed by UK’s largest educational CPPA

Stuart Mitchell

From 1st September, Medebridge will deliver renewable electricity supported by the UK’s largest solar Corporate Power Purchase Agreement (CPPA) with an educational institution. The 10-year agreement with The University of Manchester will supply 65% of the university’s electricity demand, cutting its carbon emissions by around 12,000 tonnes annually and strengthening its long-term commitment to sustainability and energy resilience. Spanning 175 acres near South Ockendon, Medebridge is expected to generate over 72,500 MWh of clean electricity each year – enough to power 26,000 homes and save more than 14,000 tonnes of…