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US DOE Coal FIRST Initiative Invests US$80 Million in Net-Zero Electricity and Hydrogen Plants
When fully negotiated and awarded, it is estimated that approximately US$80 million in federal funding will be provided to these projects.
Carbon Neutral
Japan’s Carbon-Neutrality Pledge a Fundamental Shift on Coal Power
Japan, an island nation that is currently heavily reliant on coal and gas power, will be carbon neutral in 2040, the country’s newly appointed prime minister Y…
Singapore
Singapore Earmarks $49m for Hydrogen, CCUS
Singapore has earmarked $49m to fund research, development and demonstration projects in hydrogen and carbon capture, utilisation and storage over the next five…
Energy Storage Battery
Terna Hires Tesla, Schneider Electric for Its Green Energy Island Project
Tesla is supplying batteries for a 1 MW hybrid energy system that Terna Energy won at a tender financed by European funds.
Hydrogen Fuel Cell Vehicle
Riversimple Opens £150m Funding Raise for Hydrogen Vehicles
Riversimple has revealed plans to raise £150m over the next three years to fund the manufacture of two hydrogen-powered vehicles.
Solar Power Plant
IFC Funds Development of Largest Solar Project in the Pacific
Energy Fiji Limited has secured funding from the International Finance Corporation to develop the largest solar energy project of its kind in the Pacific.
SMR
USDOE Approves $1.355bn Funding for NuScale’s SMR Project
The US Department of Energy has approved a $1.355bn funding vehicle to Utah Associated Municipal Power Systems.
Clean Energy Transition
Pilot Project to Support Queensland Industry’s Switch to Clean Energy
ERM Power, a subsidiary of Shell Energy Australia, has secured funding from the Australian Renewable Energy Agency to help Queensland manufacturing businesses b…
Nuclear Power Plant
Jacobs To Lead European Union-Funded Nuclear Power Plant Research
Jacobs was selected to lead an international consortium whose cutting-edge research could lead to extensions in the operational lifespan of nuclear power plants…
Hydropower Plant
Scatec Solar to Buy SN Power
Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.
SMR
Canadian Government Invests in SMR Technology
The Canadian government is investing CAD20 million of federal funds to accelerate development of Terrestrial Energy's Integral Molten Salt Reactor power plant.
Solar Power Plant
Vietnam’s First Certified Green Loan to Fund 257MW Solar Project
B.Grimm Power, one of Thailand’s largest private power producers, has secured a green loan from the Asian Development Bank (ADB) to develop a solar power proje…
Biobattery
Canadian Government Funds RNG, Biomass Heating Projects
The Canadian government on Oct. 8 awarded funding to an agricultural biomethanizer plant in Quebec and project that will add high-efficiency biomass boilers to …
Energy Transition
IRENA and CDF to Accelerate Energy Transition in the Caribbean
The International Renewable Energy Agency and the CARICOM Development Fund have partnered to accelerate the energy transition in the Caribbean.
Energy Investment
E.ON Launches €250 Million Fund for Next-Gen Digital Technologies
Germany multinational energy company E.ON has launched a €250 million investment fund dedicated to digital technologies and business models.
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