Economy

Energy Investment

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 …

Energy Investment

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 respon…

Energy Investment

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 s…

Green Hydrogen

From Losses to Leadership: How Plug Power Is Powering Up the Hydrogen Economy

Plug Power’s Strategic Shift Amidst Financial AdjustmentsPlug Power Inc., a key player in the green hydrogen sector, recently released its third-quarter e…

Energy Investment

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 anno…

Energy Investment

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 fun…

Energy Investment

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 s…

Spain

New Rebiocycle Project on Novel Recycling and Upcycling Solutions for Bioplastics

20 partners have joined forces, under the lead of the University College Dublin and BiOrbic Bioeconomy SFI Research Centre.AIMPLAS coordinates the Spanish Hub, …

Energy Investment

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 i…

Energy Investment

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 Lo…

Energy Investment

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 Ca…

Geothermal Power Project

Japan’s METI to Introduce New Support Measures for Geothermal

The Appi Geothermal Power Plant in Hachimantai National Forest, Hachimantai-city, Iwate, JapanThe Ministry of Economy, Trade, and Industry (METI) of Japan is pl…

Digitalization

Global Energy Sector Employment Increased by 3.8% in 2023, Outpacing the Wider Economy

New IEA report finds that sector added 2.5 million jobs worldwide last year, led by clean technology manufacturing, though skills shortages remain a key issueEm…

Hydrogen Project

Ulsan City and Hyundai Motor Join Forces to Build a Hydrogen-Friendly City

Aim to Establish an Integrated Hydrogen Supply ChainIn a significant move towards establishing a hydrogen economy, Ulsan City and Hyundai Motor have announced a…

Hydrogen Production

Hydrogen Grid for the Rhine-Ruhr Region Is Growing

Duisburg/Antwerp (energate) – The hydrogen grid ‘Hy.Region.Rhein.Ruhr’ is growing. The latest new member of the transformation initiative to r…