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Saudi Arabia's PIF Plans to Invest $15 Billion in Brazil, Says Brazilian Minister
Saudi Arabia's Public Investment Fund (PIF) intends to invest some $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable ener…
Nuclear Reactor
EBRD Chernobyl Funding Plan Ratified by Ukraine's Parliament
Members of Ukraine's parliament have backed a law approving the framework agreement between Ukraine and the European Bank for Reconstruction and Development…
Energy Storage Project
Octopus Energy, Gresham House Energy Storage Fund Sign BESS Tolling Deal
Gresham House’s Glassenbury battery storage system. Image: Gresham House.Octopus Energy has signed a two-year fixed-price tolling agreement with Gresham H…
Nuclear Reactor
Dutch Government Supports Four New Nuclear Reactors
The incoming new government of the Netherlands reportedly will support construction of at least four new utility-scale nuclear power reactors, as part of a prog…
LNG
Woodside Gets $1 Bln in Funding for Scarborough LNG Project
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Solid-State Batteries
Maxvolt Secures $1.5 Million for Lithium Battery Plans in India
Maxvolt Energy Industries, a manufacturer and supplier of lithium battery packs for electric vehicles, energy storage systems, and medical devices, has raised $…
Biofuel
DOE Funds 7 Carbon Removal and Storage Projects Focused on Biomass
The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbo…
Hydrogen Project
EU Okays $1.5 Bln State Funded Joint Hydrogen Project, $1.1 Bln Joint Healthcare Project
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing Ri…
Offshore Wind Power
UK Unveils GBP 50 Million Fund to Boost Offshore Wind Supply Chain
The Crown Estate has initiated a Supply Chain Accelerator to stimulate early-stage investment in the UK offshore wind supply chain.The accelerator is a new GBP …
Wind Turbine
DOE-Funded Wind Testing Center Upgraded to Accommodate Longer Turbine Blades
The WTTC opened in 2011 and has since evolved to test longer wind turbine blades (Credit: DOE)The upgrade button has been pressed at Massachusetts Clean Energy …
Energy Storage Project
Gore Street's Operational BESS Capacity up 45%
High wind penetration in Ireland has led to spikes in Day-Ahead and Intra-Day prices as well as increased revenues from ancillary service DS3. Image: Gore Stree…
Renewable Energy
New York Announces $11.6m to Develop Clean Energy Industry Workforce
20 MW Energy Storage Project in Franklin County (Courtesy: New York Power Authority)New York Governor Kathy Hochul has announced $11.6 million in funding to sup…
Geothermal Power Project
XGS Energy Raises $20 Million Additional Funding for Next-Generation Geothermal
XGS Energy logo (source: XGS Energy)XGS Energy, an innovator in next-generation geothermal energy technology, has announced the completion of $20 million in add…
Coal-Fired Power Plants
S.africa in Talks With Climate Backers Over Delaying Coal Plant Closures
South Africa is in talks with groups helping to fund its switch to a greener economy about delaying the closure of some coal plants as it battles to boost power…
Carbon Emissions
USAID Funds $11 Million to Help Ho Chi Minh City Achieve Net-Zero Emissions Goal
On May 17, the United States Mission to Vietnam, through the US Agency for International Development (USAID), and Ho Chi Minh City Department of Industry and Tr…
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