NovAzure News & Deals Weekly Selection – Week of 28 July 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 businesses less confident in meeting net-zero targets, despite increasing policy certainty – edie

Despite improved policy clarity, fewer UK businesses are confident in achieving their net-zero targets—highlighting a gap in internal capabilities. 

Earth Overshoot Day: Using Up The Earth’s Annual Resources | Sustainability Magazine

The article marks Earth Overshoot Day and discusses what it means for planetary limits and corporate responsibility. While not directly actionable, it supports the urgency narrative underpinning NovAzure’s sustainability mission.

Frontier: Stripe, Google, Shopify, H&M & More Invest in CDR | Sustainability Magazine

Frontier Climate, a carbon removal purchasing platform, secures investment from Google, Meta, and others. It aims to accelerate early-stage carbon removal technologies through advanced market commitments.

Net Zero/Sustainability Key Deal News

Makersite Secures €60m to Enhance Sustainable Manufacturing

Makersite, a German startup offering an AI-driven lifecycle analysis platform, has secured €18 million in funding. It supports decision-making around sustainable materials and product design. 

Data Centre Key Industry News

How are Companies Pioneering Data Centre Zero Water Cooling? | Sustainability Magazine

The article explores how major data centre players are advancing zero-water cooling technologies in response to water scarcity and ESG pressures.

Ionos deploys Nvidia DGX H200 system in Germany data centers – DCD

IONOS enhances its AI capability with deployment of NVIDIA DGX H200 systems, marking growing demand for high-performance compute across European data centres.

Google signs first long duration energy storage partnership – DCD

Google partners with Fervo Energy to pilot advanced geothermal energy storage. This first-of-its-kind move supports 24/7 carbon-free energy goals

EDP to power Lisbon’s new data center campus with renewable energy – DCD

EDP to power Lisbon’s new data centre campus with 100% renewable energy, reinforcing Portugal’s positioning as a sustainable digital hub

Data Centre Key Industry Deals

Soluna closes $20m funding round for 35MW Project Kati data center in Texas – DCD

Soluna secures $20M to develop a 35MW modular data centre co-located with renewable energy, aimed at flexible, green compute applications. 

EdgeCore secures $235 million in ABS financing – DCD

EdgeCore raises $235M through asset-backed securities to accelerate its data centre projects.

Hydrogen Key Industry News

Kimberly-Clark inks green hydrogen deal to halve natural gas use at UK factories – edie

Consumer goods giant Kimberly-Clark has partnered with HYRO to supply green hydrogen to its UK factories, replacing half of their natural gas use.

Hy24 to fund Refire’s expansion of hydrogen fuel cell projects in Europe

HY24 will fund Refire’s European expansion, supporting its hydrogen fuel cell technology rollout. The partnership aims to boost hydrogen-powered mobility in Europe

UK government to invest £30m in green marine fuel technologies | Mobility | H2 View

The UK will fund £30m into green maritime fuel projects, including hydrogen and ammonia. Signals national interest in hard-to-abate sector solutions

Air Liquide greenlights 200MW Rotterdam green hydrogen plant | Power | H2 View

Air Liquide will build a 200MW green hydrogen plant in Rotterdam, powered by offshore wind. Confirms major momentum in Northwest Europe hydrogen clusters

MB Energy to begin hydrogen refuelling station construction in Germany | Technology | H2 View

MB Energy is set to begin construction of a hydrogen refuelling station in Germany. The station will support hydrogen-powered transport, contributing to the expansion of mobility infrastructure across Europe.

Ten UK green hydrogen projects sign subsidy agreements after year-long delay

Ten UK green hydrogen projects have finally signed subsidy agreements under the Hydrogen Allocation Round 1. The projects represent a combined 125MW of capacity and are expected to start operations by 2026.

Hydrogen Key Deal News

HyHaul Mobility commits £14m to develop UK’s first hydrogen HGV corridor

HyHaul Mobility to invest £14m in a dedicated hydrogen HGV corridor across the UK, starting with deployment of trucks and refuelling points.

Energy Storage Key Industry News

North Sea Gas Fails UK’s Heating Demand by 2027

A new report warns that domestic UK gas supply from the North Sea will fall below heating demand by 2027, intensifying the need for heat decarbonisation strategies. Critical signal for clients in heating, energy networks, or looking to invest in alternative heating technologies.

UK’s Roadmap for Flexible Clean Energy by 2030

The UK Government released a new roadmap to accelerate demand-side flexibility, aiming to reduce emissions by 10 MtCO₂e by 2035. It includes support for smart devices, demand response, and time-of-use tariffs.

What’s Next for the Solar Energy Storage Industry? | Sustainability Magazine

This forward-looking article analyses the convergence of solar and energy storage, covering innovation, policy, and deployment trends globally.

HCI Energy Launches its Power Cabinet: A Smart, Battery-first Power Platform with Data-driven Alerts and Remote Monitoring

HCI Energy has introduced a modular Power Cabinet designed as a smart, battery-first energy platform. It supports real-time data alerts and remote monitoring

Desay Battery Unveils Proactive-Safety-Focused Energy Storage Technologies

Desay Battery introduced new safety-first storage systems with active heat management and multi-tier protection.

Energy Storage Key Deal News

Google invests in ‘CO2 battery’ tech in bid for 24/7 clean energy – edie

Google is investing in Energy Dome, an Italian startup developing CO₂-based long-duration energy storage. The move aligns with Google’s goal of powering its data centres with 24/7 clean energy and showcases a novel storage solution.

cylib and Syensqo reach a milestone in lithium recovery from spent electric vehicle batteries – Batteries News

Cylib and Syensqo announced successful industrial-scale lithium recovery from spent EV batteries. This milestone supports the circular economy and reduces dependency on virgin materials—important for sustainable battery ecosystems.

From source to socket: London’s Fuse Energy raises €8.5 million and launches gas supply to power mass market growth | EU-Startups

Fuse Energy, a UK-based green energy startup, secured €8.5M to expand its vertically integrated energy offering, now including gas supply. The round supports its aim to power mass-market growth with clean, affordable energy

French firm MagREEsource secures €23M to build Europe’s first sustainable permanent magnet factory – Silicon Canals

MagreeSource raised €23M in Series A funding to accelerate production of its sodium-ion battery systems, seen as a lower-cost, safer alternative to lithium-based solutions.

Zurich-based Candi Solar secures €20M to expand clean energy reach; eyes major Series D in 2026 – Silicon Canals

Swiss solar startup Candi Solar raised €20M in Series C funding to accelerate deployment of solar energy systems for commercial and industrial users in India and South Africa.

Built Environment Key Industry  News

Tariff wars could add to UK construction woes, warns report

A new report warns that ongoing and emerging international tariff disputes could significantly impact the UK construction industry by driving up material costs and exacerbating supply chain delays.

EV & EV Charging Key Industry News

CATL ‘salt battery’: Cheaper EVs or chemistry compromise?

CATL introduced a sodium-ion battery chemistry, potentially lowering costs for EVs. While it’s less energy-dense than lithium-ion, it uses more abundant materials

Self-repairing batteries promise longer life and range for electric cars

Researchers are developing self-healing battery components that extend EV battery life and performance. While still early-stage, it’s a promising signal for the future of battery durability and sustainability.

UK vehicle production remains in decline | manufacturing

UK vehicle production continues to fall, with challenges in global supply chains and demand volatility. This macro trend could influence the EV transition timeline and OEM capacity for electrification.

KleanDrive and Welch Group enter partnership to electrify fleet HGVs | Electric trucks

KleanDrive and Welch Group have signed a partnership to retrofit and electrify heavy goods vehicles (HGVs), advancing sustainable fleet operations in the UK.

Self-driving shuttle study to explore potential role in mobility hub | connected and autonomous vehicles

Suffolk will trial autonomous shuttles on public roads, supported by funding from Innovate UK.

EV & EV Charging Key Deal News

UK’s Zenobē secures €325M to boost EV fleets across Europe

UK-based Zenobē secured €325M in structured financing to expand its electric vehicle fleet services and grid-connected battery storage projects across the UK and continental Europe. The funding aims to support its role in fleet decarbonisation and energy system flexibility.

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