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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.
Broad Alliance of European Countries Calls for an EU Industrial Policy for Renewables
The signatories emphasise that the expansion of renewable energies would create new opportunities in terms of growth, investments, job creation and innovation i…
EV Technology
BMW Re-Ups Electric-Vehicle Commitment—and Hydrogen Fuel-Cell Investment
BMW remains committed to both electric cars and hydrogen fuel-cell vehicles. The German automaker will continue a planned rollout of battery-electric models, as…
Hydrogen Project
Australian Hydrogen Project Ready to Move Ahead After $300 Million Investment
The country will be increasing its renewable H2 production following a massive expansion.
Solar Power Plant
Sunco Capital Building 83 MWp of Spanish Solar Farms to Supply Shell
Renewable energy investor Sunco Capital has commenced the construction of two Spanish photovoltaic (PV) parks with a combined capacity of 83 MWp.
Solar Power for Home
SunPower Partners up with Tech CU for $1bn Investment
Silicon Valley-based SunPower has entered a £1bn partnership with Technology Credit Union to increase the financing options available to US residential solar c…
Wind Power Project
MIGA Backs Djibouti's First Utility-Scale Wind Project
The multilateral investment guarantee agency, a member of the world bank group, has issued guarantees to support djibouti's first utility-scale wind power proje…
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.
Hydrogen Fuel Cell Vehicle
India Investigating Hydrogen-Powered Vehicles in a Bid to Decarbonise Mobility
In a first-of-its-kind project in India, the country’s largest power utility NTPC is inviting global Expressions of Interest to develop hydrogen fuel cell el…
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…
Wind Turbine
East Anglia ONE Offshore Windfarm Completes Turbine Installation
ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have successfully installed every single turbine on the East Anglia ONE offshore windfa…
Energy Storage Battery
SK Innovation to Additionally Invest US$727 Mil. to Build 2nd EV Battery Plant in U.S.
SK Innovation has decided to invest US$727 million to build a second electric vehicle (EV) battery plant in Georgia, the United States.
Energy Transition
Invest in Nuclear for a Clean Economic Recovery
"Governments need to take urgent action to ensure that the recovery from the economic effects of the coronavirus brings long-lasting good," World Nuclear Associ…
Solar Company
KKR to Buy 317MWp of Solar Energy Assets from India’s SP Infra
Global investment firm KKR has signed a definitive agreement with Indian infrastructure developer Shapoorji Pallonji Infrastructure Capital (SP Infra) to acquir…
Oil Price
Canada’s Oil Firms Set To Curtail Output By At Least 1 Million Bpd
Companies in Canada have already reacted to the oil price plunge, but analysts and investors will be looking for further clues in the earnings reports about how…
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