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CCS
Carbon Capture Company Raises $150M
A company aiming to deliver gigatonne scale industrial decarbonisation by the mid-2030s has raised $150m in its latest funding round.
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers for Crypto, Machine Learning
This announcement brings Soluna's total funding for data centers co-located with renewable energy assets to $100 million; doubles employee headcount.
Electric Car
New Zealand Targets EVs, Industry with New $2.8 Billion Climate Response Fund
The New Zealand government said on Monday it would set up a NZ$4.5 billion ($2.83 billion) climate response fund, spending at least NZ$2.9 billion on cutting po…
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
Electricity Transmission
US DOE Launches $2.5B Fund to Upgrade and Build New Transmission Lines
The Department of Energy’s Grid Deployment Office on May 10 issued a joint notice of information (NOI) and a request for information (RFI) seeking stakeholde…
Tidal Energy
First Floating Tidal Power Delivered to Nova Scotia Grid
Ocean energy developer Sustainable Marine has delivered the first floating in-stream tidal power to Nova Scotia’s grid by harnessing the currents in Canada’s …
Electric Vehicle Charging
$60 Million EV Fund in WA 2022-23 Budget
The Western Australian Government has launched a $60 million Clean Energy Car Fund to accelerate the use of electric vehicles (EVs), including $3,500 rebates an…
United Kingdom
REPP Intervention Provides Clean Energy to over a Million Africans
More than one million people in sub-Saharan Africa have been connected to electricity for the first time through the UK-funded Renewable Energy Performance Pl…
Energy Transition
Akselos to Scale Digital Twin After $16.5Mn Closing Round
Latest funding round enables Akselos to scale renewable energy and follows SP Energy Networks and Digital Catapult's launch of UK electricity twin project.
Yemen
UN Spearheading Efforts to Raise $80 Million to Prevent Major Oil Spill off Yemen
The world’s universal global organization, the United Nations, is working on raising the funds required for the implementation of its plan to address a threat …
Philippines
Philippine Banks Still Fund Coal Projects: Report
In effect, banks are enabling fossil fuels by underwriting or selling bonds.
Solar Power Panel
US Agrivoltaics Benefit From Government Funding Boost
The U.S. Department of Energy Solar Energy Technologies Office announced the Foundational Agrivoltaic Research for Megawatt Scale funding opportunity.
Electrification
$15.5M Investment into Zambia’s First Renewable Energy Buyer
InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU) and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will finance Afric…
Nigeria
Nigerian Solar Energy Provider Reaches $20M Refinancing Agreement
Nigeria-based solar energy provider Starsight Energy announced the conclusion of a competitive local currency refinancing agreement with Chapel Hill Denham Nige…
Hydrogen Production
INEOS and SGN Start Hydrogen Distribution Trial in Scotland
The trial, funded by the Energy Regulator and gas distribution companies, comes as SGN, Cadent and NGGT commission Capital Hydrogen feasibility study.
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