NovAzure News & Deals Weekly Selection – Week of 23 June 2025

Stay informed with the latest developments shaping the future of sustainability, energy, and tech. From major green investments and breakthrough hydrogen projects to AI-powered climate platforms and EV infrastructure milestones, here’s a roundup of this week’s most impactful news and deals across the sector.

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Stay informed with the latest developments shaping the future of sustainability, energy, and tech. From major green investments and breakthrough hydrogen projects to AI-powered climate platforms and EV infrastructure milestones — here’s a roundup of this week’s most impactful news and deals across the sector:

Net Zero/Sustainability Key Industry News

UK Infrastructure Strategy: Clean Energy & Growth Plans

The UK Government’s new 10-year infrastructure strategy outlines plans to upskill the workforce for clean energy, digital, and transport infrastructure, focusing on long-term capacity building and resilience.

Scotland sets new carbon budget targets on road to net-zero

Scotland has committed to tighter carbon budget targets and revised emissions reductions on the path to net zero by 2045. This follows a review of previous policy failures and legal challenges.

Europe’s financial services firms enhancing climate risk work, despite global net-zero target rollbacks – edie

Major European financial services, including insurers and asset managers, are strengthening climate-risk frameworks and disclosures—even in response to global retreat from net-zero ambitions.

Net Zero/Sustainability Key Deal News

Microbes to upcycle landfill waste at new UK cleantech hub – edie

A new UK cleantech hub will use microbes to convert landfill waste into useful materials like chemicals and fuels, advancing bioconversion and circular economy innovation. The site will also host start-ups and research facilities.

Data Centre Key Industry News

What is Global Switch’s Liquid Cooling for Data Centres? | Sustainability Magazine

Global Switch is deploying liquid cooling technology in its data centres to manage high-density computing loads, cut emissions, and increase energy efficiency. This shift aligns with rising AI and edge computing demands.

CyrusOne Launches UK’s US$1.6bn Sustainable Data Centre

CyrusOne has opened a 90MW data centre in Frankfurt powered entirely by renewable energy and built with energy efficiency in mind. This is part of their strategy to meet client demand for green digital infrastructure.

BW Group launches ‘sustainable’ data center development firm – DCD

BW Group has launched BW Velora, a joint venture combining digital infrastructure (BW Digital) and renewable energy infrastructure (BW ESS) to develop sustainable data centres in the Nordics and Canada.

Submer immersion pod deployed outside Milan, Italy – DCD

Submer, in partnership with MGH Systems and Castrol, has launched Italy’s first immersion-cooled pod near Milan. This technology dramatically improves energy efficiency for high-density workloads and supports sustainable cooling strategies.

Data center application filed in in East Ayrshire, Scotland – DCD

Battery‑storage specialist Apatura has submitted plans for a new data centre outside Cumnock, targeting up to 200 MW IT load over a 45,000 m² campus. The site will include on‑site solar and a new substation connection, with construction expected over three years

Data Centre Key Industry Deals

DayOne seeks fresh $1bn loan to fund growth plans – report – DCD

DayOne Data Centres is reportedly pursuing a new $1 billion private credit facility to fund its expansion across the APAC region, underscoring the capital-intensive growth of data centre infrastructure driven by AI demand.

Spain’s Box2bit plans data center in Malaga – DCD

Box2Bit (backed by Capital Energy) plans a €279 million, 15,000 m² green data centre campus in Málaga, powered entirely by renewables and incorporating on-site solar and substation infrastructure.

Quantum chip testing startup OrangeQS closes €12 million oversubscribed seed round – DCD

Delft‑based Orange Quantum Systems raised an oversubscribed €12 million seed round—the largest Dutch quantum-sector seed to date—to scale its quantum‑chip testing systems for manufacturers and labs, addressing a major production bottleneck .

Hydrogen Key Industry News

Suntory unveils plans to produce, sell and use green hydrogen

Nhật’s Suntory Group will build Japan’s largest green hydrogen P2G plant (16 MW) in Yamanashi Prefecture from 2025, then use and sell the hydrogen locally, including applications in distillery heat and industrial supply chains by 2027.

Linde to build $400m ASU for US blue ammonia plant | Power | H2 View

Linde will construct a $400 million air separation unit (ASU) to support the Blue Point joint venture’s 1.4 Mt/year blue ammonia plant in Louisiana. The facility will supply essential O₂ and N₂, with targeting operational start-up in 2029 and part of a larger $4 billion investment

Germany drafts law to meet RED III fuel targets, boosting green hydrogen’s role

Germany’s draft legislation aligned with RED III will require a 53 % GHG reduction quota in transport fuels by 2040, and mandates green hydrogen (RFNBOs) from 0.1 % in 2026 up to 12 % by 2040 .

ArcelorMittal halts €1.3bn hydrogen-based steel plans in Germany | Power

ArcelorMittal has scrapped its plans to convert two German steel plants (Bremen and Eisenhüttenstadt) to hydrogen-based production, rejecting €1.3 bn in public subsidies due to high energy costs and market uncertainty.

Hydrogen-powered buses to dominate near-term European refuelling demand: Resato | Mobility | H2 View

Resato Hydrogen Technology reports that hydrogen-powered buses will dominate demand at refuelling stations in the immediate term, compared to trucks .

ABO Energy opens 5MW green hydrogen production and refuelling facility in Germany | Technology | H2 View

German clean-energy firm ABO Energy has commissioned a 5 MW electrolyser powered by on-site wind turbine, producing 450 t/yr of certified green hydrogen and adding a refuelling station with trailer fill .

Hydrogen Key Deal News

ZeroAvia secures £10.8m in UK gov. funding for liquid hydrogen flight test

ZeroAvia received a £10.8 m grant for the LH‑SIFT project to develop and flight‑test a liquid hydrogen fuel system on the Dornier 228 aircraft, part of a £250 m green aerospace programme.

Energy Storage Key Industry News

Europe ‘underestimating’ green industrial competition from Global South innovators – edie

Experts warn that Europe is falling behind Global South countries in green technology innovation and manufacturing competitiveness—particularly in solar, battery, and hydrogen tech—due to over-regulation and slow industrial policies.

RWE puts inertia-capable BESS into operation in Netherlands – Energy-Storage.News

RWE’s BESS at Moerdijk offers grid inertia services via fast-response “grid-forming” inverters. It’s the first system of its kind in Central Europe and will define grid compliance standards via collaboration with TenneT.

Ilmatar, Nuveen inaugurate 30MW wind co-located BESS in Finland – Energy-Storage.News

A 30 MW battery storage unit, co‑sited with a Finnish wind farm and supported by Nuveen, is now operational—enabling grid flexibility and renewable integration at scale .

Energy Storage Key Deal News

How Budderfly’s US$100m Boost is Driving Energy-as-a-Service | Sustainability Magazine

Budderfly, a Energy-as-a-Service (EaaS) provider, received $100 million in growth equity from Partners Group. It offers turnkey energy upgrades (e.g. HVAC, refrigeration, lighting) to SMEs without upfront cost, targeting reduced emissions and energy bills.

First European Funding after getting recognition as a ‘Strategic Project’ – Rock Tech receives funding to lead Lithium Refining Innovation project by EIT RawMaterials – Batteries News

Rock Tech was granted up to €800 k from EIT RawMaterials to enhance its lithium conversion process at its strategically recognized Guben Converter facility in Germany. The €2.5 m collaborative project aims to improve processing efficiency and cost, supporting Europe’s battery materials resilience .

100MWh ‘Sand Battery’ goes into commercial operation in Finland

Polar Night Energy’s 100 MWh thermal energy “sand battery” is now active in Pornainen, Finland—storing excess renewable energy as heat, cutting heating emissions by ~70%, and participating in reserve markets .

Berlin-based Ostrom raises €20 million to accelerate Germany’s smart energy capability | EU-Startups

Berlin-based green energy provider Ostrom raised €20M to accelerate smart energy deployment across Germany. The company uses tech to offer flexible, renewable electricity tariffs and enhance grid balancing via real-time consumption data.

Built Environment Key Industry  News

UK MPs Unveil Plan to Boost Circular Economy Strategy

UK MPs endorsed a six-point plan to scale the circular economy, projecting a £25 billion opportunity. Measures include mandatory product passports, repair incentives, and extended producer responsibility.

Built Environment Key Deal New

The Crown Estate’s £400m UK Offshore Wind Investment | Sustainability Magazine

The Crown Estate has pledged £50 million to support UK offshore wind supply chain development, targeting port infrastructure, manufacturing, and innovation. This is part of a broader £1 billion initiative to unlock clean energy capacity.

EV & EV Charging Key Industry News

How Radical are SBTi’s Net Zero Automotive Sector Standards? | Sustainability Magazine

The Science Based Targets initiative (SBTi) has launched a sector-specific framework to help automotive companies align with net-zero pathways. It sets stricter emissions targets across supply chains and vehicle use phases, pushing OEMs and suppliers to invest in electrification and emissions tracking.

LEM releases a first of its kind high-voltage battery sensor that combines shunt and Hall effect technologies

LEM launched an industry-first battery management sensor combining shunt and Hall-effect technologies into a single compact unit, boosting safety, integration ease, and reducing EV system cost and BOM .

EV & EV Charging Key Deal News

Swedish EV maker Polestar charges up with €174M equity investment: Know more – Silicon Canals

Polestar, the Swedish electric vehicle manufacturer, has secured €174 million in funding from the European Investment Bank. The funds will help scale up EV production and accelerate the company’s R&D, particularly in sustainable mobility technologies. This move supports Polestar’s growth strategy and sustainability goals, including carbon neutrality.

Spanish clean energy startup Tether secures €1.3 million to turn EVs into the “world’s largest connected battery”

Tether, a Spanish clean energy startup, secured €1.3M to build out its vision of turning electric vehicles into a massive connected energy storage network. It focuses on vehicle-to-grid (V2G) technology to support grid flexibility and decarbonisation.

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