Tag: Microsoft

Launching the Green Industrial Grids Association to accelerate grid modernisation across Europe

Stuart Mitchell

A leading group of Europe’s energy users and grid technology innovators today launched the Green Industrial Grids Association (GIGA). The association has been created to support a fundamental transformation of Europe’s power system by accelerating the development of modern and digital electricity grids. GIGA fills a gap by bringing together companies with shared electricity needs to provide practical, user-driven insights on grid access, planning and system modernisation, perspectives currently missing from Europe’s energy discussions. GIGA’s members include Amazon, Electra, Fastned, Google, Hitachi Energy, Linde, Meta, Metlen, Milence, Microsoft and Siemens…

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Iberdrola and Microsoft strengthen their partnership with two long-term PPAs for 150MW and the use of new global AI solutions

Stuart Mitchell

Microsoft and Iberdrola have announced a new partnership to deepen their work together on energy and artificial intelligence projects. The partnership builds on the success of previous initiatives and includes the signing of two long-term power purchase agreements (PPAs) in Spain, the first that the two companies have signed in Europe. The agreement envisages expanding the use of Microsoft’s Azure computing and cloud platform, the deployment of Microsoft Copilot and security and regulatory compliance solutions to boost Iberdrola’s digital capabilities and promote the use of AI throughout the Group. Iberdrola has…

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Global impact investing grows long term but faces a funding slowdown in 2025

Stuart Mitchell

Compared to a decade ago, venture capital (VC) funding into global impact startups has grown 300%. But for the fifth year in a row, VC investment is in decline. Impact startups have raised $33B in 2025 so far, a projected 24% drop from the previous year. Rising geopolitical tensions, scarcer resources, and volatile prices have shifted the focus of funding from a long-term transformation agenda centred around the Sustainable Development Goals to renewed goals of national security, resilience and independence. This shift is the main takeaway from the State of…

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Stegra announces agreement with Microsoft, driving demand for near-zero emission steel

Stuart Mitchell

Stegra has entered into two new agreements with Microsoft. One is for the supply of steel with near-zero emissions to be used in Microsoft’s datacenters. In addition to the agreement for physical green steel, the companies have also entered into an agreement for the purchase of environmental attribute certificates tied to production from Stegra’s manufacturing facility in Boden, Sweden. This agreement is the first-of-its-kind in the steel industry designed to help drive global demand for green steel. After investing in Stegra in 2023 through its Climate Innovation Fund, Microsoft is…

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Fidelis’ AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana

Stuart Mitchell

AtmosClear BR, a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for 6.75 million metric tons of engineered carbon removal over 15 years from bioenergy carbon capture & storage (“BECCS”). The deal is the world’s largest for permanent carbon removal to date. AtmosClear is developing a carbon capture facility at the Port of Greater Baton Rouge in Louisiana. The plant will use sustainable materials like sugarcane bagasse and trimmings from prudent forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon…

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