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Energy Investment
Toyo Invests In Japan’s Offshore Renewable Sector
Energy Investment
28-11-2024
Crown Estate Scotland Pours Funds Into Offshore Wind Research
Crown Estate Scotland has pledged £250 000 to support the Floating Offshore Wind Centre of Excellence, led by the Offshore Renewable Energy (ORE) Catapult. The funding will bolster the Environmental Interactions Strategic Programme (EISP), a mul
Energy Investment
27-11-2024
Rotterdam Energy Transition Fund Backs Value Group to Drive Development of CO2 Hub
Value Group, the Netherlands-based sustainability innovation company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rotterdam Energy Transition Fund (ETF-R), a €100 million investment fund of the City o
Energy Investment
26-11-2024
Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sect
Energy Investment
25-11-2024
Singapore Government to Invest Sgd$100 Million to Boost Growth in Offshore Energy Over the Next 5 Years
The Singapore Minister of State for the Ministry of Culture, Community and Youth & Ministry of Trade and Industry, Alvin Tan, has announced a new SGD$100 million support package for marine and offshore engineering companies, aimed at fostering growth
United States
25-11-2024
Argonne Leads $50M Sodium-Ion Innovation Push
The US Department of Energy (DOE) has awarded $50 million over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium. Led by DOE’s Argonne National Laboratory, the consortium includes DOE’s Brook
Energy Investment
25-11-2024
$111 Billion Investment on Petrobras’ Five-Year Agenda
Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision. While the first en
Tender/bid
23-11-2024
Ocean Winds Exits Utsira Nord Partnership
Image: PixabayOcean Winds has pulled out of a three-company consortium due to bid in Norway’s upcoming floating wind tender, the second company exit the partnership.The move has now left Norwegian state power group Statkraft without any bidding
Energy Investment
22-11-2024
£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
British Patient Capital has announced an £8m investment into Tokamak Energy as part of a $125m financing round aimed at advancing the commercialisation of fusion energyImage: Tokamak EnergyBritish Patient Capital has committed £8 milli
Decarbonization
22-11-2024
Funding Helps School Decarbonise Heating With Air Source Heat Pumps
A secondary school in Ruthin, North Wales, has replaced its gas boilers with renewable air source heat pumps, thanks to funding from the Welsh GovernmentImage: JM Renewable SolutionsYsgol Brynhyfryd, a secondary school in Ruthin, North Wales, has decarbon
Tender/bid
22-11-2024
Axpo Awarded Energy Tender From French Government
Axpo’s solar and wind divisions have secured a combined capacity of 163 MW in two recent public tenders organised by the French government. The results reinforce Axpo’s position as a leading international producer of renewable energies
Renewable Energy
21-11-2024
Construction Begins on £9M Green Energy Hub in Aberdeen
The project will provide advanced manufacturing, collaboration spaces, and entrepreneurial support for renewable energy firmsImage: ETZ EnergyWorksConstruction has started on ETZ EnergyWorks, a £9.1 million facility in Aberdeen dedicated to adva
Energy Investment
21-11-2024
Ofgem Proposes £8BN Fund to Accelerate Clean Energy Projects
Ofgem is consulting on a new investment fund worth up to £8 billion to help Britain’s energy transmission owners speed up clean energy projects and cut costsOfgem has unveiled plans for a multi-billion-pound fund to accelerate Britain&
Energy Investment
20-11-2024
U.S. DOE Invests Nearly US$15 Million to Enhance Hydropower’s Ability to Support Electricity Grids
The U.S. Department of Energy (DOE) has announced nearly US$15 million for nine research and development projects to increase hydropower's ability to respond to changing demand on the electric grid. This ability to operate flexibly allows hydropow
Energy Investment
19-11-2024
Masdar and SOCAR Green Achieve Financial Close for Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445 MW Bilasuvar and 315 MW N
Energy Investment
16-11-2024
Octopus Exceeds $2bn Offshore Wind Investment in Just Two Years
Octopus Energy has surpassed $2 billion in offshore wind investments in two years, aiming to accelerate global offshore wind developmentsOctopus Energy has announced that its generation arm has surpassed $2 billion (£1.5bn) in offshore wind inve
Energy Investment
16-11-2024
DOE Awarding $20.2M to 10 Projects to Advance Development of Mixed Algae for Biofuels and Bioproducts
The US Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced $20.2 million in funding for 10 university and industry projects to advance mixed algae development for low-car
Energy Investment
16-11-2024
DOE Awarding $4M to 10 Projects to Support High-Performance Computing in Manufacturing
The US Department of Energy (DOE) is awarding $4 million to projects across 8 states that will harness the processing power of the world’s most powerful supercomputers and the lab experts who operate them to tackle today’s toughest man
Energy Investment
15-11-2024
The EU Wind Power Gets €5 Billion EIB Investment Support
The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG in Germany a €500 million counter-guarantee. Deutsche Bank will be able to set up a
Energy Investment
15-11-2024
Capital Dynamics Selected for UK Energy Investment
Capital Dynamics, an independent global private asset management firm, has announced that Border to Coast Pensions Partnership (Border to Coast), the largest Local Government Pension Scheme (LGPS) pool, has committed £48.5 million to Capital Dyn
Energy Investment
15-11-2024
Gazelle Wind Power Raises €11.4 Million
Gazelle Wind Power, a developer of a next-generation floating offshore wind platform technology, has secured a €11.4 million funding round led by Indico Capital Partners, a premier investor in ocean related sustainable technologies. Other investo
United States
06-11-2024
Copper Drops as Dollar Strengthens on Trump Lead in US Election
Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North Carolina for Trump, and he leads in Georgia and holds a more tentative edge across Wisconsin,
Energy Investment
11-10-2024
Form Energy Raises $405 Million for Its Multi-Day Iron-Air Batteries
Image: Form EnergyForm Energy is looking to accelerate the expansion of its 100-hour iron-air battery system manufacturing in the US on the back of a $405 million Series F financing round.Announcing the major funding milestone on Wednesday, the company sa
Electricity Trade
11-10-2024
Big Tech Proposes Power-rate Terms in Ohio Data-Center Fight
Microsoft (MSFT.O) ，Alphabet (GOOGL.O), Meta (META.O) ，Amazon (AMZN.O)along with other companies, have proposed an alternative framework for how data centers pay for power in Ohio, according to documents filed with regulators on Thursday.A 3D printed Face
Energy Investment
09-10-2024
Tagenergy, Harmony Energy Begin Construction of 49MW/98MWh BESS Project in Scotland
Image: TagEnergy.New BESS project in Scotland set to utilise Tesla Megapack lithium-ion batteries.TagEnergy and Harmony Energy have confirmed construction has started on a 49MW/98MWh standalone battery energy storage system (BESS) situated near Abernethy,
Energy Investment
09-10-2024
Nextpower UK ESG Completes Second Close at 97% of Target
Image: NextEnergy Capital.The second close at £487 million comes only three months after the first close in August.NextEnergy Capital (NEC) has reported the second close of NextPower UK ESG (NPUK ESG) at £487 million – 97% of
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Most views from Energy Economy
1
Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
2
China's Investment into BRI Countries Expands in Jan.-May
3
Toyo Invests In Japan’s Offshore Renewable Sector
4
Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
5
Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device
6
New Coalition to Power 1bn People with Sustainable Energy by 2030
