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Wind Farm
Ørsted to Sell 50% Stake in US Renewables Portfolio
Global wind project developer Ørsted has announced that it is selling a 50% ownership stake in a US portfolio to the investment group Energy Capital Partners. …
Paris Climate Agreement
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Hydrogen Production
High Gas Prices Spur Green Hydrogen Investment -Report
Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…
Tidal Energy
U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems
DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”
Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Solar Power Plant
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Solar Power Panel
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
Net Zero Emission
Australia, Singapore Sign ‘Green Economy’ Pact
Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology.
Spain
Spain to Pull out of Treaty Protecting Energy Investments
Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.
Austria
Austria Seeks Allies for Legal Challenge to EU Green Investment Rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …
Natural Gas
The World’s Longest Offshore Gas Pipeline Could Get the Green Light Next Year
Nigeria, Morocco, and their partners expect to make a final investment decision next year on what would be the world’s longest offshore gas pipeline from Niger…
Australia
Renewables Investment in Australia Reaches $1.56B in June 2022
This is up from $97.2m in March 2016.
Energy Storage Battery
Equinor Reaches Final Investment Decision for UK Battery Storage Project
Blandford Road is a 25MW project in Dorset and is the first commercial battery storage asset for the Norwegian energy company
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
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