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Hydrogen Project
Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
Wind Turbine
Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh
Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…
Carbon Emissions
US Launches $50M Pilot to Help Non-profits Make Critical Energy Upgrades
Organisation can purchase materials and implement building upgrades to decrease utility costs and help reduce carbon emissions in commercial buildings.
Net Zero Emission
Alliance Launches to Accelerate Green Infrastructure Finance in Africa
The African Union, the African Development Bank and Africa50 together with several global partners launched a multi-billion alliance for green infrastructure. …
United Kingdom
UK Unboxes £65m Clean Tech Investment at COP27
The new funding aims to make clean technologies accessible and affordable to developing countries.
Crude Oil
UK Considering Big Increase in Energy Windfall Tax, Sources Say
British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…
Germany
German Budget Experts Push for Dividend Ban Tied to Energy Subsidies
Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …
Energy Transition
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Transition
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
Wind Farm
RWE and Koehler Paper Sign Green Power Agreement
RWE Supply & Trading and Koehler Paper have agreed on a long-term green power supply of up to 175,000MWh per year.
Energy Transition
Brookfield Bets $11.8 Billion on Australia’s Energy Transition
Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…
Energy Transition
AIIB, GEAPP to Invest $1b for Energy Transition Projects
They will identify co-financing opportunities in both the public and private sectors.
Energy Transition
Show Us the Money: Developing World at COP27 Seeks Financing Details
Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …
Energy Transition
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…
India
India's First Green Bonds to Fund New Climate Finance Projects
The Indian government's first ever green bonds will focus on funding solar power projects, followed by wind and small hydro projects.
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