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CCS
Carbon Capture and Storage Spending to Top $50B Through 2025
CCS technology is viewed as a fundamental component of the societal decarbonization required for a successful energy transition.
Hydrogen Project
ARENA Opens Funding Round for German-Australian Hydrogen Initiative
The Australian Renewable Energy Agency (ARENA) has opened its funding round for the hydrogen development initiative by Germany and Australia.
Offshore Wind Power
ScottishPower and Shell Confirm Offshore Wind Funding
ScotWind partners ScottishPower and Shell are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore w…
Nuclear Fusion
Tokamak Energy Achieves Temperature Threshold for Commercial Fusion
Oxford-based UK tech firm Tokamak Energy has reached a milestone in privately-funded fusion research after its ST-40 spherical tokamak reactor reached a tempera…
Solar Cell
Solar PV Cell Maker Jupiter Group Raises Rs 170 Crore
Solar photovoltaic (PV) cell manufacturer Jupiter International has raised ₹170 crore from funds managed by wealth management firm Edelweiss Alternative Asset …
Net Zero Emission
£10 M Funding Competition Launched to Strengthen Net Zero Technologies
The Net Zero Technology Centre to launch its 2022 £10 million open innovation programme
Crude Oil
Shell to Buy Russian Crude and Use Profits to Help Ukraine
Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers wi…
Crude Oil
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…
Wave Energy
Mocean Energy Secures Funds to Advance Blue Star Wave Technology
Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…
Finland
Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig
Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…
Oil&Gas Drilling
America is Finally Cleaning up its Abandoned, Leaking Oil Wells
Washington is making a concerted effort to plug these wells through a $4.7 billion fund, passed as part of an expansive overhaul of the nation's infrastructure.
Wave Energy
Scottish Wave Energy Firm Lands £730,000 Funding
A wave power company has secured a major new investment to speed up the commercial rollout of its technology.
LNG
Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…
Electricity Transmission
Ofgem Boosts National Grid’s Green Energy Projects with £1.5m
Some 13 energy network projects designed to accelerate Britain’s progress towards net zero have secured £1.5 million in funding from Ofgem.
Solar Power Panel
US Funding USD500 Million for Solar Panel Manufacturing in India
The White House said on Thursday, while emphasising that the US is funding USD 500 million to help American companies manufacture solar panels in India.
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