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Solar project
Excelsior Energy closes $1.3bn financing for 682.5MW Faraday Solar project
The ground-mounted solar facility in Utah, which was acquired by the renewable energy infrastructure fund earlier this year from the project’s developers …
Energy Storage Project
Battery Storage Data Platform Modo Energy Raises $15 Million to Break Into US, Europe
(Photo by John Schnobrich on Unsplash)Modo Energy, a software-as-a-service (SaaS) platform specializing in data analytics for renewable energy assets, has raise…
Green Hydrogen
Danish Fund's $10B Investment Propels Green Hydrogen Hub in Mexico
Danish financial economic fund is set to inject a staggering $10 billion into a green hydrogen plant in the Isthmus of Tehuantepec, according to an announcement…
Carbon Emissions
Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year
Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Captur…
Nuclear Reactor
Saskatchewan Government Announces Microreactor Funding
The province is providing CAD80 million (USD59 million) for the Saskatchewan Research Council to pursue the demonstration of a microreactor in Saskatchewan, wit…
Geothermal Drilling
Funding Approved for Geothermal Research Well at Krakow, Poland
Krakow, Poland (source: Jen Hunter / flickr, Creative Commons).Poland’s Ministry of Climate and Environment has approved funding of about PLN 12.33 millio…
Electricity Transmission
New York Gets $24 Mln Federal Funding to Bolster Electric Grid
The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rig…
Hydrogen Production
Ontario to Fund Hydrogen Projects With $4.3mm
One of the project recipients is Atura Power, which will receive $3 million (CAD 4.1 million) to blend hydrogen with natural gas to produce electricity at Halto…
Renewable Energy
Australian Super Fund Puts Billions Into Backing Britain's Energy Transition
Photograph: Geoff Smith/AlamyThe behemoth Australian fund IFM Investors will sink £10bn (A$19bn) into infrastructure and energy transition projects in Bri…
Hydrogen Production
BASF Receives Funding Approval for 54MW Water Electrolysis Plant; Up to 8,000 Metric Tons of Hydrogen per Year
With the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate, BASF has come a maj…
Geothermal Power Plant
Iceland Approves Funding for Eight Geothermal Exploration Projects
The town of Djúpivogur, Iceland(source: Bromr at Dutch Wikipedia, CC BY-SA 3.0, via Wikimedia Commons)Iceland’s Ministry of Environment, Energy, an…
Hydrogen Production
Mexico President Says Danish Fund to Invest $10 Bln in Mexico to Produce Green Hydrogen
Mexico's President Andres Manuel Lopez Obrador speaks during his regular press conference where he said that his government will help Cuba, including provid…
Solar Power Plant
DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar
Dutch investment fund Capital Partners will purchase a 60% share of the Dutch developer of solar, Novar, the companies announced earlier this week.The transacti…
Hydropower Plant
Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland
The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …
Energy Storage Project
Government Gives Battery Manufacturing a Boost as Part of £960 Million Funding Package
This comes as part of a £4.5 billion funding package. Image: Getty.Battery manufacturing in the UK is set to receive a boost via a new £960 million …
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