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Decarbonization
Funding Helps School Decarbonise Heating With Air Source Heat Pumps
A secondary school in Ruthin, North Wales, has replaced its gas boilers with renewable air source heat pumps, thanks to funding from the Welsh GovernmentImage: …
Hydrogen Project
MachH2 and HyVelocity Hydrogen Hubs Secure DOE Agreements for Initial Project Funding
The Midwest Alliance for Clean Hydrogen (MachH2) and the HyVelocity hydrogen hubs have officially become the fourth and fifth projects to receive funding from t…
Solar Cell
Silfab Secures $100 Million to Manufacture Solar Cells in U.S.
Half of the funding is coming from a $50 million equity investment and the other half from a green loan, which will enable Silfab to scale its solar cell manufa…
Energy Investment
Ofgem Proposes £8BN Fund to Accelerate Clean Energy Projects
Ofgem is consulting on a new investment fund worth up to £8 billion to help Britain’s energy transmission owners speed up clean energy projects and …
Net Zero
Queensland Investment Corporation Backs Virescent Ventures’ New Climate Technology Fund
Queensland Investment Corporation (QIC) has been announced as a major investor in Virescent Ventures’ second climate technology fund (Fund II), joining co…
Wind Energy Technology
Copenhagen Infrastructure Partners and AMPIN Energy Transition Expand Partnership in India
Copenhagen Infrastructure Partners (CIP), through is Growth Markets Fund II (CI GMF II), and AMPIN Energy Transition have announced an agreement to enter a new …
Geothermal Heating Project
Vulcan Secures Federal Funding for Geothermal Heating Project in Landau, Germany
Vulcan Energy's Lithium Extraction Optimization Plant in Landau, GermanyVulcan Energy Resources Limited (Vulcan Energy) has announced the awarding of EUR 10…
Pumped Storage
South Africa Treasury to Suspend Municipal Funds Over Water Debt
South Africa’s Treasury plans to withhold funds from five municipalities next month over their unpaid water bills, part of an effort to compel local gover…
Solar project
Solar Developer Secures $145 Million Solar-Plus-Storage Project in New Mexico
National Renewable Solutions secured the funding from Deutsche Bank for Shallow Basket, a 140 MW solar and 50 MW storage project that will benefit Jicarilla Apa…
Energy Storage Project
11.25m Investment to Expand GridBeyond Storage Projects
GridBeyond has secured an 11.2 million investment to expand its energy storage projects in the UK and IrelandTriodos Energy Transition Europe Fund has committed…
Energy Storage System
Triodos Energy Transition Europe Fund Commits EUR 11.25 Million in Next Phase of Partnership With GridBeyond
Commitment is part of a combined new investment of EUR 12.5 million in GridBeyond StorageDublin, 18 November 2024 – Triodos Energy Transition Europe Fund …
Hydrogen Storage
UKOG Secures Funding for Strategic Hydrogen Storage Site in East Yorkshire
UK Oil & Gas (UKOG) has raised £500,000 ($632,000) from investors to purchase land in East Yorkshire for a salt cavern hydrogen storage site.UKOG has stat…
Cyprus
Cyprus Approves Energy Storage Subsidy Scheme
Applications for participation in the scheme will be accepted from January 15, 2025.The Council of Ministers, the executive branch of the Cypriot government, ha…
COP29
Urgent Action Needed to Bridge Adaptation Funding Gap, UN Official Says at COP29
Simon Stiell, Executive Secretary of UN Climate Change has highlighted the pressing need for increased adaptation funding, particularly for Least Developed Coun…
Solar project
China Cuts Export Tax Rebate for Solar Products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move migh…
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