Polar Night Energy has built an industrial-scale sand battery in Pornainen for Loviisan Lämpö’s district heating network. The new sand battery delivers 1MW of thermal power and offers a storage capacity of 100MWh, making it 10 times larger than the Sand Battery launched in Kankaanpää in 2022.
Category: Companies
Ørsted secures project financing for Taiwan wind farm
Ørsted has reached financial close on a project finance package with 25 banks and five Export Credit Agencies (ECAs) to raise approximately TWD90bn (about DKK20bn) for the 632MW offshore wind farm Greater Changhua 2. This is part of the financing structure for the project, on which Ørsted simultaneously is progressing as planned with an equity divestment expected to be completed once the project is operational. The transaction ensures further progress on both Ørsted’s partnership and divestment programme and its strategic priorities.
Big shout out to growing list of companies committing to DEI
Impactivize has published a long list of companies who have publicly stated their commitments to diversity, equity and inclusion (DEI) initiatives. The list includes some big names. Amongst them are: Adidas, American Express, Apple, AstraZeneca and Audible. And that's only in the section under 'A'.
Project Clover: TikTok upgrades data security in a green way
As part of Project Clover, TikTok’s data security initiative, all three buildings in its Norwegian data centre are now online. The data centre in Hamar, Norway, developed by Green Mountain, plays an important role in the local economy, but sustainability is also a core focus.
Arup: AI is designing our future sustainable cities
AI is already impacting the design of global cities and infrastructure – with more than a third (36%) of engineers, architects and city planners relying on it daily, a new survey from Arup has revealed.
27 UK companies awarded by the King for sustainable development
His Majesty the King has conferred his 2025 Awards on 27 businesses in recognition of their outstanding achievements in sustainable development. Companies are located across the UK and across numerous sectors.
Green claims: if you are going to make them, get them right
The Advertising Standards Authority (ASA) is making it clear this week that it will not tolerate sloppy language around green claims in advertising. Two challenges in relation to composting coffee capsules or bags have been upheld and are worth a read if you are reviewing how you take your products to market.
PMI shines a light on sustainability and AI
The Project Management Institute (PMI) has published a report called ‘Sustainability in the Age of AI: The Integration Imperative’. It demonstrates that AI can be a critical enabler in helping organisations more effectively pursue their sustainability goals. The report says AI can be used to generate short-term cost savings while illuminating the long-term benefits of a comprehensive sustainability strategy.
Apple: goes beyond 60% GHG emissions reduction
Earth Day has real meaning for Apple. It is the point at which it surpassed a 60% reduction in its global greenhouse gas (GHG) emissions (compared with 2025 levels) – this is part of its Apple 2030 goal to become carbon neutral across its entire footprint.
House of Hackney: people, planet and profit
House of Hackney has launched a debt crowdfunding campaign with B-Corp bank, Triodos, and is issuing a bond with the aim of buying out its private equity partners to accelerate its mission “to leave our planet better than we found it”.
A call for transformation, growth and adaptability
This is why we are called The Dragonfly Files. If the dragonfly is a symbol of all three – transformation, growth and adaptability – then let’s be informed by its joyful lifecycle transformation, the lightness of spirit with which it matures and the freedom with which it adapts. Global business and all its institutions would do well to take note.


