Large corporates are investing heavily in carbon capture projects as the technology becomes ready for the mainstream.

The former head of Equinor Ventures joins bp ventures at a time of transition at the fund.

Maria Emilie Danø Hoffman has become the energy company’s director and head of global ventures and open innovation.

Venture capital has poured into the cleantech sector over the past couple of years. Concerns are growing that startups may not be able to scale into viable companies that generate expected returns.

Corporate venture teams are pushing portfolio companies to accept more capital during funding rounds to cushion the blow of a stuttering economy.

GCV Rising Star Demi Edosomwan has departed from TotalEnergies Ventures and joined Vivo Energy as head of new ventures.

The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.

The US’s $369bn climate act is a "game changer" in terms of size and could lure clean energy investors away from Europe.

The German company has partnered with cleantech firms to build an ammonia cracker that could produce emissions-free hydrogen at industrial scale.

Terna Forward has been allocated over $50m and will look to invest in external companies as well as spinning off innovative technology through an incubator model.