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BHP, RioTinto, Qantas to invest $53 mln in australian carbon credit fund
A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Ph…
Electricity Transmission
South africa battles to fund vital grid upgrade for green energy
South Africa's plan to expand its power grid, now the biggest bottleneck to replacing coal with renewables, has hit a snag: finding investors to lend the ne…
Solar Power Plant
Greencoat Renewables Acquires 80.5MWp Solar Farm
The project was developed, funded and built by Statkraft, which took it on from Lightsource BP. Image: Lightsource BP.Greencoat Renewables, a renewable infrastr…
Energy Storage Project
BW ESS, Penso Power and Shell Sign Long-Term UK BESS Tolling Agreement
In 2021, BW ESS and Penso Power announced a joint venture (JV) through which BW ESS funds the construction of Penso’s planned UK project pipeline. Credit:…
Wave Energy
DOE Announces Notice of Intent for $112.5 Million Funding Opportunity in Wave Energy Development
The US Department of Energy’s Water Power Technologies Office issued a notice of intent to provide up to $112.5 million in funding to advance wave energy …
Energy Storage Project
Harmony Energy Income Trust Powers up 35MW Yorkshire BESS
The BESS will operate through Tesla’s algorithmic trading platform, Autobidder, which has already been deployed at other Harmony projects. Image: Harmony …
Energy Storage Project
OX2 Divests Finnish Battery Storage to L&G NTR Clean Power Fund
OX2’s energy storage portfolio totals 1GW. Credit: r.classen / Shutterstock.OX2 has agreed to sell a substantial battery energy storage system project in …
Energy Storage Project
Portugal Allocates Funding for 500 MW of Energy Storage
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To thi…
Tidal Energy
UK Increases Tidal Stream Ringfence Budget
The UK government has raised the funding for tidal stream ringfence in this year’s renewable auction from £10 million (approximately $12,8 million) …
Green Hydrogen
Spain Offers Eur 1.2bn in State Aid for Green H2 Valley Development
The Spanish ministry for the ecological transition on Tuesday released the rules and criteria for its next green hydrogen subsidy programme, which, with a budge…
Oil & Gas Trade
Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous comm…
Offshore Wind Power
US DOE Issues USD 48.6 Million Call for Offshore Wind R&D
The US Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) has launched the Offshore Wind National and Regional Research and Devel…
Energy Storage Project
New York Gets Federal Funding to Demonstrate Fire-Safe Long-Duration Energy Storage
A long duration energy storage sikution by Urban Electric Power (courtesy: Urban Electric Power)Fire-safe long-duration energy storage? Sounds like a perfect fi…
Offshore Wind Power
Sulmara Secures NZTC Funding to Push for Further Offshore Decarbonisation
Subsea specialist Sulmara has been awarded funding by the Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) w…
Nuclear Power Plant (NPP)
More Funding for Rolls-Royce Space Microreactor
Rolls-Royce has secured an additional GBP4.8 million (USD6.2 million) in funding from the UK Space Agency to advance the development and demonstration of key te…
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