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Energy Investment
IRENA, OPEC Fund Tie Up to Advance RE Investment
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) to further advance investment in renewable energy.…
Hydrogen Production
Norway’s Equinor Seeks UK Funding for 1.2 GW Low-Carbon Hydrogen Plant
Norwegian energy company Equinor has submitted a funding bid to build a second major low-carbon hydrogen production facility in northeast England.
Energy Transition
Greece to Mobilise €1.63BN Investment for ‘Just’ Climate and Energy Transition
Its plan will benefit from grants of €1.38bn from the EU’s Just Transition Fund Programme.
Energy Transition
$300M Pan-African Renewable Energy Fund (Paref) Established
The Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption in Africa has been established.
Energy Storage Battery
Australian Projects Trial Benefits of Distributed Neighbourhood and Flow Battery Energy Storage
The government of Victoria, Australia, has opened a round of funding for ‘neighbourhood-scale’ battery storage, while in Western Australia a vanadium redox fl…
Microsoft Climate Innovation Fund, Bank of America Among Funders of Africa Mini-Grid Push
Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million fundi…
United States
U.S. Sustainable Funds Mark Rare Outflow in May
Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursda…
Natural Gas
Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
Energy Transition
Seven Countries to Share €2.4BN EU Funding to Accelerate Green Transition
It will support measures to reduce emissions in energy, industry and transport in Romania, Czechia, Poland, Lithuania, Hungary, Slovakia and Croatia, as well as…
Tidal Energy
‘Everest of Tidal Energy’ | Power Flows to Grid From Pioneering Marine Project off Canada
Switch-on of cross-shaped, multi-turbine design installed last year in the Grand Passage in the Bay of Fundy is country's first-ever in-stream energy device.
Hydrogen Project
Protium Announces £40.5M Green Hydrogen Funding
Green hydrogen energy company Protium has secured £40.5m investment in its latest funding round.
Electric Car
UK Ends EV Buyer Grant Scheme to Boost Infrastructure
The plug-in grant funding will now be used to increase charging access and cut ‘range anxiety’.
CCS
DOE Injects $39M R&D Funding Into ‘Buildings as Carbon Storage’ Projects
The US Department of Energy (DOE) has announced $39 million in awards for 18 projects seeking to develop technologies that can transform buildings into net carb…
Nuclear Fusion
Can a Seattle Startup Launch a Fusion Reactor Into Space?
Avalanche Energy Design’s compact power and propulsion tech raises funds—and eyebrows
Net Zero Emission
DOE Invests $6 Million in Seedling Solar Energy Research Projects
The U.S. Department of Energy (DOE) selected 19 projects, with a total funding of $6 million, that will pursue innovative, targeted, early-stage ideas in solar …
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