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European Commission unveils a New Renewables Projects Funding Scheme
The European Commission has launched a public consultation on draft rules to create a new EU financing mechanism to support renewable energy projects.
Atlantica Yield Nets USD 143m in Green Project Financing
Atlantica Yield Plc said it has secured green non-recourse project financing it expects to use to fund new investments in renewable assets.
Energy Transition
EU Bank Ends Fossil Fuel Lending in World-First for Climate
The European Investment Bank (EIB) today became the world's first public lender to commit to ending funding for coal, oil and gas.
50Hertz's Parent to Fund Offshore Grid Links with EUR-750m Green Bond
The parent company of 50Hertz Transmission GmbH, the transmission system operator (TSO) in northern and eastern Germany, has placed a EUR-750-million (USD 813m)…
Eavor Raises USD 8m to Fund Development of New Geothermal Tech
Eavor Technologies Inc on Tuesday said it has raised CAD 11.4 million (USD 8.1m/EUR 7.5m) to fund the development programme for its geothermal energy technology…
Hydrogen and Nanomaterials May Transform Energy Industry
Hydrogen as a zero-carbon energy carrier has the potential to fundamentally transform the global energy landscape—but the production must benefit the environme…
Hydrogen Project
Australia's CEFC Launches $300m Hydrogen Project Fund
The Clean Energy Finance Corporation has welcomed the launch of the $300m Hydrogen Fund.
Energy Investment
Bangladesh Launches $218.7m Green Transformation Fund
Bangladesh has introduced a $218.7m Green Transformation Fund to provide soft loans to solar developers.
CEFC to Kick-Start Australia’s Hydrogen Industry with New $300m Investment Fund
The federal government has established a new $300 million fund to invest in Australia’s emerging hydrogen industry, which it hopes will kick start jobs and exp…
Oil Price
Oil Fund's Forced Sales Send WTI Prices Plunging Again, Says Kemp
Front-month U.S. light crude oil futures prices slumped almost 25% yesterday,
Coal-Fired Power Plants
US $3bn Coal Power Plant to be Constructed in Zimbabwe
The 2,800MW power plant will be constructed in four phases of about 700MW each. Rio Energy will partner with China Gezhouba Group Corp in funding and developin…
US $350m Funding Secured for Spotsylvania Solar Energy Center in Virginia, US
US $350m funding for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia, US has been secured. At 620 MW DC, this is the largest solar project eas…
Power Construction
The U.S. Department of Energy Announces $25 Million for Grid Management Systems and Risk Assessment Systems
The U.S. Department of Energy today (4/23) announced $25 million in funding for 10 projects as part of the Performance-based Energy Resource Feedback, Optimizat…
Solar Power for Home
World Bank Plans to Connect 1.3m Households to Solar Power
A World Bank-funded initiative is targeting to connect about 1.3 million households to electricity generated from within their localities.
Oil & Gas Trade
Trump Pledges to Support Oil, Gas Industries Amid Oil Futures Crash
U.S. President Donald Trump on Tuesday directed his administration to work on a plan to get funding to the oil and gas industries as a steep sell-off in oil fut…
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