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Nordic Investment Bank Finances New 47-MW Osterbo Hydropower in Norway
The Nordic Investment Bank (NIB) and Norwegian utility company Sogn og Fjordane Energi AS have signed a 15-year loan agreement of €30 million (US$33.3 million)…
Energy Connected Homes Services Set for Substantial Growth
The research Connected Homes Insight Service has identified increasing levels of entry and investment, with rates of entry more than doubling over the last deca…
CCS
UK Oil Industry Calls for Urgent Action for Carbon Capture, Use And Storage(CCUS)
Investment in the energy sector needs to double from £20-£25bn a year today to £40-£40m if the UK is to meet its net zero challenge.
EV Market
Uganda and Rwanda Lead East Africa in Switch to Electric Cars
Uganda and Rwanda are racing ahead of their East African neighbours in the global switch to electric motoring, even as infrastructure shortcomings limit investm…
2nd Central Asia Renewable Energy Summit
Central Asia possesses vast renewable energy resources including solar, wind and water, largely untapped. This huge potential attract more and more investment i…
Microgrid
ASEAN’s Largest Off-Grid Hybrid Microgrid Now Live
The inaugural project in CleanGrid Partners’ $100 million microgrid investment portfolio has gone live in the Philippines.
AXA to Exit Coal Investments in OECD States by 2030
France’s AXA (AXAF.PA) said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policyma…
Brussels Eyes Easing Bank Rules to Spur Green Lending
Brussels is exploring a proposal to ease EU banking rules in a bid to spur green investment in Europe.
Coal Power
BNP Paribas to Cease Financing to Thermal Coal Sector by 2040
French banking group BNP Paribas announces fresh investment policies for coal and renewable energy sectors
EIB Will Provide €90 million loan to Accelerate Energy Efficiency in Belarus
The bank has approved €90 million loan to support investments in biomass-based heat generators, the upgrading of district heating systems and thermal renovatio…
Energy Efficiency Jobs Grow in the Midwest
Regional investments in efficiency have soared to $1.5 billion annually. From small business owners to factory workers, many people in the Midwest are finding w…
Azerbaijan Partcipated in Eastern Europe Energy Efficiency and Environment Partnership(E5P)
Green municipal infrastructure investments in Azerbaijan are set to get a boost thanks to the country's participation in the Eastern Europe Energy Efficiency an…
Virtual power plant
W.A. Community Virtual Power Plant Confirms $50m Swiss Investment
Swiss investment firm SUSI Partners last week confirmed it would invest $A50 million into a residential solar-plus-battery storage project being developed by Pe…
Energy Policy Uncertainty Undermining Renewable Energy Market: Climate Council
Private investment in renewable energy is being undermined by lack of national policy, according to the Climate Council.
Wales Will Lose Marine Energy Investors After Subsidy Change
Marine energy projects in Wales have lost out on investment since the UK government cut financial support, according to a UK industry body. Ring-fenced UK gover…
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