Here is today’s sustainable IT services news, research and analysis -- written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
A. Sustainable IT, Talent, Partnerships and Green Tech Alliances
1. Software - Carbon Data Management: SAP has released SAP Sustainability Data Exchange, a SaaS application that can enable standardized carbon data sharing, the enterprise software company asserts.
2. Data Centers: DataGreen, a subsidiary of Netsooon.ai, will promote its green data center strategy at CES 2025 in Las Vegas. The company develops a liquid cooling system that replaces traditional air conditioning -- educing energy consumption by 50% to 75%, DataGreen asserts.
3. Partnership - IT Services: Moro Hub, a provider of sustainable IT services in the Middle East, has partnered with Nutanix to further enhance "further enhance Moro Hub’s capabilities in offering energy efficient cloud solutions, ensuring that their data centers remain at the forefront of environmental sustainability," the companies said. Moro Hub is a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC).
4. Energy Management Services: Catalyst Power is launching new energy management services for generators and retail energy suppliers in New York, New England, the Mid-Atlantic, and the Midwest.
5. Energy Services - Networking: Cisco continues to tout IoT solutions for utilities and grid modernization.
B. Sustainability M&A, Climate Tech Investments, Funding and Green IT Business Launches
1. Nuclear Stocks: Shares of some nuclear-power companies have hit record highs amid growing customer and media interest in small module reactors (SMRs), SeekingAlpha reported. Shares in BWXT Technologies (BWXT), Cameco (CCJ), Constellation Energy (CEG), NuScale, and Oklo all hit all-time highsthe week of October 14, 2024, the report noted.
2. Complete M&A List: Here's our database of all M&A deals involving green IT and renewable energy buyers, sellers and investors.
C. Regional and Global Sustainability Policies and News
1. United States - Texas Solar Energy: One of the largest solar projects in the U.S. opened in Texas, backed by what Google said is the largest solar electricity purchase it has ever made, the Associated Press reported.
2. Sweden - Green Steel: The European Commission has approved 128 million euros ($139 million) of Swedish state aid to help steelmaker SSAB decarbonise its production, Reuters reported.
3. Spain - Fossil Fuels and Green Hydrogen: Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavorable regulatory environment, Reuters reported.
4. Egypt - Renewable Energy Target: Egypt has revised its renewable energy target for 2040 down to 40% from a previous goal of 58%, Reuters reported, underscoring that natural gas will remain a key part of the country's energy mix for years.
D. Sustainable IT and Green Technology Conference Calendar
- World Conference on Climate Change & Sustainability 2024Â (October 21-23, Barcelona, Spain)
- Electronics Sustainability Summit 2024Â (October 22-24, Austin, Texas)
- TechArena Zero 2024Â (October 23, Stockholm, Sweden)
- EHS and Sustainability Management Forum 2024Â (October 27-30, Fort Worth, Texas)
- GridTech Connect Forum 2024Â (October 28-30, Newport, Rhode Island)Â
- Complete Calendar of Sustainability Conferences
E. Previous Updates & Future News
