Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

Brazil‘s two largest hydroelectric power plants have a combined annual loss of 3.8 thousand GWh of energy due to deforestation. Press Release – 31 March, 2025 – The deforestation of the Amazon forest is costing Brazil immensely. An unprecedented study by Climate Policy Initiative/PUC-RIO (CPI/PUC-RIO) and Amazon 2030 identifies that the Itaipu and Belo Monte plants, together, lose the equivalent of the electricity consumption of 1.5 million people due to the deforestation of the Amazon raiforest. The energy generation loss causes an annual shortfall of more than US$ 200 million in revenue for the plants. “Hydropower is a renewable, inexpensive source of generation that provides greater flexibility for operating the electricity system. But it is also a source that is very … Continue reading Amazon deforestation threatens Brazil’s energy security and generates billions in losses for the electricity sector

Impact Newswire04/04/202504/04/2025

United States

GE Vernova and MIT launch new alliance to accelerate energy innovation

GE Vernova to commit $50 million over five years in new partnership to drive breakthrough energy innovation and develop future industry leaders CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship … Continue reading GE Vernova and MIT launch new alliance to accelerate energy innovation

Impact Newswire03/04/202503/04/2025

United States

FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Consumers are still prioritising paying off credit card bills post-pandemic News Release – LONDON–(BUSINESS WIRE)–Mar. 31, 2025– Global analytic software leaderFICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as … Continue reading FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Impact Newswire03/04/202503/04/2025

United States

Lever for Change Meets Major Milestone: $2.5 Billion in Philanthropic Funding Influenced

The Chicago-based nonprofit marks a major milestone in effort to connect donors with high-impact solutions and sets a new $10 billion goal for 2030. Press Release – CHICAGO, IL, UNITED STATES – MARCH 6, 2025: Lever for Change, a nonprofit affiliate of the John D. and Catherine T. MacArthur Foundation announces it has facilitated $2.5 billion in philanthropic funding since its founding in 2019. The organization, … Continue reading Lever for Change Meets Major Milestone: $2.5 Billion in Philanthropic Funding Influenced

Impact Newswire03/04/202503/04/2025

United States

Lenovo at Hannover Messe: How AI is Powering the Next Industrial Revolution

Lenovo reveals EMEA manufacturing industry findings from CIO Playbook 2025 research survey Onsite customer demonstrations illustrate Lenovo Hybrid AI Advantage > Lenovo reveals EMEA manufacturing industry findings from CIO Playbook 2025 research survey > Onsite customer demonstrations illustrate Lenovo Hybrid AI Advantage with NVIDIA solutions and manufacturing transformation capabilities > Lenovo demonstrating recently debuted AI Knowledge Assistant, powered by Lenovo’s Agentic AI platform Press Release … Continue reading Lenovo at Hannover Messe: How AI is Powering the Next Industrial Revolution

Impact Newswire02/04/202502/04/2025