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Octopus Energy plans $1bn investment in Californian clean technology
Yahoo Finance· 2026-02-17 18:01
Octopus Energy Generation has announced an investment of nearly $1bn (£736m) in Californian clean technology, focusing on carbon removal and renewable energy projects. The funding will support two companies in California working to restore grasslands and forests, converting degraded land into areas that absorb carbon dioxide. Several large technology companies have already agreed to purchase the resulting carbon credits. Octopus Energy Generation will also invest in heat battery technology developed in ...