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Here is today’s sustainable IT services and climate tech news, research and analysis — written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
1. Amazon Data Centers – Startup Relationship: Amazon.com plans to pilot a new carbon-removal material for data centers, Reuters reported. The effort involves a startup called Orbital Materials.
2. Partner of the Year – IT Services: PC and printer maker HP has named Australia IT services provider Data#3 as its sustainable impact partner of the year for 2024.
3. Partnership – SMBs: Southeastern Railway and Action Sustainability partnered to empower small and medium-sized enterprises (SMEs) within supply chain solutions that drive positive environmental and social change.
4. CTO – Energy Storage Systems: Eos Energy Enterprises promoted Senior VP Francis Richey to chief sustainability officer.
5. CEO – Energy Transition: Northland Power has hired AtkinsRéalis veteran Christine Healy as president and CEO. Interim CEO John Brace remains in place until Healy starts work on February 5, 2025.
6. Nuclear Energy: GE Vernova is striving to generate $2 billion in annual revenue from small modular reactors (SMRs) by the mid-2030s, CNBC reported.
7. Elon Musk vs. OpenAI: Elon Musk is asking a federal court to stop OpenAI from converting into a fully, for-profit business, CNBC reported.
1. Complete M&A List: Here’s our database of all M&A deals involving green IT and renewable energy buyers, sellers and investors.
1. COP30: Some advocates are calling COP30 to be the Indigenous peoples COP, while pushing for further inclusion in climate negotiations, NPR reported.
2. United Kingdom – Energy Transition Challenges: The UK grid can’t cope with excess wind farms, forcing the operator to pay wind farms to turn off, a cost ultimately borne by consumers, Bloomberg reported.
3. Australia – Energy Transition Challenges: Australia’s main grid is seeking powers to curb the amount of electricity supplied by the nation’s ubiquitous rooftop solar panels, Bloomberg reported. The Australian Energy Market Operator wants nationwide backstop mechanisms to manage the daily flood of output from the systems, the report said.