Good morning. Here is the latest news, research and market analysis that sustainable technology partners need to know for Wednesday, February 22, 2023.
1. Green IT - Data Centers Launch: Moro Hub has opened the world's largest solar-powered data center in Dubai, the company asserted, according to ZAWYA.
2. Green IT - Data Center Investment: Princeton Digital Group (PDG), a data center provider in Asia, is investing $1 billion to expand its data center footprint to Batam, Indonesia and Johor, Malaysia, TechNode Global reported.
3. Sustainability Standards: The International Sustainability Standards Board has agreed to rules that would harmonize corporate environmental disclosures across the globe, The Wall Street Journal reported. The board voted to release global guidelines midyear that would go into effect in January 2024, the report said.
4. Chief Sustainability Officers: Enviva, a producer of sustainably sourced woody biomass, has hired Brandi Colander as chief sustainability officer. Also, Scandinavian Logistics Partners (Scanlog) has appointed Matilda Jarbin as its chief sustainability and communications officer.
5. M&A - Environmental Consulting: Morgan Stanley Capital Partners has acquired Apex Companies, provider of end-to-end environmental consulting and engineering solutions. The seller was Sentinel Capital Partners. Sentinel will maintain a minority stake in Apex.
6. M&A - Renewable Energy: Fiera Infrastructure Inc. and Palisade Infrastructure Group together are acquiring Amp US Primary Holdings Inc., a U.S,-based renewable energy generation and battery storage business. The seller was Amp Solar Group Inc., a Canadian-based global energy transition platform.
7. United States Clean Energy: Eleven states have now committed to 100% clean electricity, according to Environment America.
8. Germany - Sustainable Energy Tax Credits: A senior German government official is proposing U.S.-style tax credits to boost companies involved in shifting the country’s economy away from its dependence on fossil fuels, The Associated Press reported.
Got news to share? Email the details to Sustainable Technology Partner Editorial Director Joe Panettieri.
