This Week’s Top 5 Stories in Energy
18 June
Budderfly has secured an additional US$100m in debt financing from Nuveen Energy Infrastructure Credit, bringing its total capital raised to more than US$1bn.
The company’s Energy-as-a-Service model helps commercial buildings lower energy use, often by up to 40%, through retrofitting with efficient HVAC systems, smart thermostats and LED lighting, all at no upfront cost.
Its platform also enables real-time energy analysis, with 2024 energy savings reportedly 43% higher than the previous year.
"This milestone, surpassing US$1bn in capital, is more than just an achievement... it's clear validation of the importance of energy efficiency in the built environment," says Al Subbloie, CEO of Budderfly.
16 June
Amazon has signed a long-term power purchase agreement with Talen Energy to secure up to 1,920 MW of carbon-free electricity from its Susquehanna nuclear plant.
This energy will support Amazon Web Services’ growing data centre and AI operations across Pennsylvania, while also enabling exploration of Small Modular Reactor (SMR) technology for future deployment.
The deal, which runs until 2042, aligns with Amazon’s US$20bn investment in the state and supports Pennsylvania’s largest-ever private sector development.
As electricity demand rises nationwide, this move strengthens Amazon’s energy resilience while advancing regional economic and infrastructure goals.
The partnership will also pursue upgrades to increase output at the existing nuclear plant, supplying additional clean power to the PJM energy grid.
By combining clean energy sourcing with large-scale infrastructure investment, Amazon is positioning itself as a leader in sustainable digital transformation.
19 June
FedEx’s 2025 Corporate Responsibility Report outlines its ongoing push for carbon-neutral operations by 2040, highlighting achievements in emissions reductions, fleet electrification and facility energy upgrades.
In FY24, the company cut direct emissions by 6.1%, saved US$400m through aviation fuel efficiency, and increased use of sustainable aviation fuel (SAF) as part of a goal to source 30% of jet fuel from SAF by 2030.
FedEx also expanded its electric vehicle fleet, solar capacity and customer emissions tracking tools, while rolling out sustainable packaging and supporting circular economy initiatives.
"Our aviation network represents the largest amount of FedEx fuel use globally and… is our biggest opportunity to drive down emissions,” says Karen Blanks Ellis, Chief Sustainability Officer.
The company’s growing suite of digital tools and renewable investments reinforces its strategy to lead on sustainable logistics at global scale.
17 June
The Crown Estate has announced plans to invest up to £400m (US$540m) into the UK's offshore wind supply chain to strengthen infrastructure and accelerate the country’s clean energy transition.
Detailed in its Powering Offshore Wind report, the investment will support the development of testing facilities, manufacturing hubs and port upgrades crucial for offshore wind deployment.
This marks the first use of new powers granted under the Crown Estate Act 2025, with two dedicated programmes already underway.
The £350m (US$475m) Supply Chain Investment Programme (SCIP) focuses on medium-term construction needs, while the £50m Supply Chain Accelerator (SCA) supports early-stage projects.
The first SCA round funded 13 projects with £5m (US$6.7m), and a second round offering £15m (US$20.1m) is now open until 27 June 2025.
Both programmes are designed to generate environmental, social and economic value while advancing net zero goals.
Industry leaders, including Great British Energy and the National Wealth Fund, have welcomed the initiative, highlighting the importance of collaboration in scaling the offshore wind sector.
"Building out enabling infrastructure is critical if we are to accelerate deployment off our coasts, derisk projects for investors and create local economic opportunities," says Ben Brinded, Head of Investment at The Crown Estate.
19 June
Global Switch has launched Europe’s first live liquid cooling showcase at its London Docklands campus, presenting the technology as a solution to rising energy demands from AI and high-performance computing (HPC).
Unlike traditional air cooling, liquid systems offer more efficient heat removal, enabling data centres to support higher-density workloads while reducing carbon emissions.
The showcase features four types of liquid cooling, including immersion and direct-to-chip methods, developed with partners like LiquidStack and SuperMicro.
Customers can explore these systems in action, supported by real-time benchmarking via the Accelsius Thermal Simulation Rack.
The initiative aligns with Global Switch’s wider push for energy-conscious growth, offering lower operating costs, improved environmental performance and infrastructure flexibility.
With data centre demand booming, Global Switch is expanding its Docklands site to include the redeveloped London East facility and a new 35MW South building, bringing total site capacity to 160MW.
“Our customers are still exploring new technologies… we’re helping them on that journey,” says Matthew Dent, Chief Commercial Officer.
Explore the latest edition of Energy Digital Magazine and be part of the conversation at our global conference series, Sustainability LIVE.
Discover all our upcoming events and secure your tickets today.
Energy Digital is a BizClik brand
