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Australia
ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
Energy Storage Project
GSF Purchases 200 MW Storage Project
GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…
Net Zero Emission
Baseload Capital Raises US$24 Million to Boost Geothermal
Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.
Net Zero Emission
Saudi Aramco Unveils $1.5BN Sustainability Fund
It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.
Iberdrola Renewables Investment Rises
Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.
BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund
BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…
Net Zero Emission
U.S. Groups Urge Kerry to Back Climate Compensation Fund
Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…
Oil Field
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…
Tidal Energy
U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems
DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”
Offshore Wind Power
Australian Aluminium Smelter Powered by Offshore Wind
The Australian Renewable Energy Agency (ARENA) has announced AUS$1.5 million (US$941,000) in funding to accelerate the development of a 1000MW offshore wind far…
Wind Farm
Iberdrola Explores Sale of Wind Assets in Romania, Hungary -Sources
Spanish power company Iberdrola is looking to sell its onshore wind farms in Romania and Hungary as part of a strategy to raise cash to fund more lucrative rene…
Hydrogen Production
Scotland’s Offshore Hydrogen Production and Storage Awarded £2m
The funding will support the HOP2 project, which aims to demonstrate the feasibility of storing hydrogen in repurposed oil and gas assets.
Carbon Emissions
World Bank to Launch New Trust Fund for Emissions Reduction Grants
The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including de…
Ammonia
ARENA Provides Fund for Project to Decarbonise Ammonia Plant Through Hydrogen
The government granted $13.7m to the project worth $38m.
Offshore Wind Power
Australian Gov’t Grants A$1.5M Fund for Offshore Wind Project Development
The project will provide energy to the Portland Aluminium Smelter.
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