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United States
U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause
The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …
Crude Oil
Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned …
Natural Gas
UK Investigates Sale of National Grid’s Gas Transmission Business, Report Says
Britain has launched an investigation under new national security rules into the sale of a 60% stake in National Grid's gas transmission and metering business t…
Testing Hydrogen Blends to Decarbonise Peaker Plants
Investment firm Climate Adaptive Infrastructure (CAI) and developer Meridian Clean Energy said they will partner to demonstrate decarbonisation in peaker plants…
Energy Investment
Biden Administration to Invest Us$26 Million in Renewable Grid Demonstration Projects
US President Joe Biden has launched a US$26 million-funded project that will demonstrate the US electricity grid can reliably run entirely on renewables and ene…
Solar Power Plant
Bill Gates’ Breakthrough Energy Ventures Invests in Automated Solar Construction Company Terabase Energy
US-based start-up Terabase Energy has secured US$44 million in a Series B fundraising round co-led by Bill Gates’ Breakthrough Energy Ventures and venture capi…
Hydrogen Production
Big Names Including Amazon, Honeywell, Mitsubishi Line Up Behind Green Hydrogen
Even as the overall VC market slows during the second half of 2022, investments in climate tech — particularly technologies that could enable green hydrogen to…
Energy Investment
Investment in Renewables Hits Record $226BN Despite Supply Chain Woes
Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.
Energy Investment
Octopus Energy, Nest, and GLIL invest in Hornsea One
Octopus Energy Group’s generation business has worked with Nest to take a stake in the Hornsea One Wind Farm.
Ultra-high voltage grid
China’s State Grid to Invest $22 Bln in Ultra High Voltage Power Lines -Report
China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines.
Hydrogen Fuel Cell
UK’s Johnson Matthey, Sinopec Unit Explore Decarbonisation Options in China
British chemicals maker Johnson Matthey Plc said on Wednesday it was in in talks with the investment arm of China's Sinopec for exploring a collaboration in dec…
EU
Europe Urged to Clamp Down on Growing Greenhouse Gases Black Market
Illegal hydrofluorocarbons smuggled into the EU amount to nearly 30% of the legal trade, according to the Environmental Investigation Agency
Energy Investment
EU Backs Cleantech Innovators With €1.8BN Investment
A total of 17 projects will share the funding to bring ‘breakthrough technologies’ to the market in energy-intensive industries
Offshore Wind Power
First Firm Offshore Wind Power Order for Siemens Gamesa in Japan
Siemens Gamesa Renewable Energy has been awarded the firm order for the 112 MW Ishikari offshore wind power project from Green Power Investment.
Wind Farm
Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm
Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…
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