Ei

EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects

SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…

Smart Grid

Duke Energy and AWS Partner up on Smart Grid Solutions

Duke Energy and Amazon Web Services (AWS), are entering a multiyear strategic collaboration to accelerate the utility’s development of smart grid solutions, in…

EIB Approves €4bn in Clean Energy Investment

The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enh…

Energy Storage Project

US Long-Duration Energy Storage Demos to Receive $350M Funding

Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.

Hydrogen Technology

South Korea Unveils New Hydrogen Policies

It aims to be a global hydrogen powerhouse.

Gas Turbine

GE Runs Gas Turbine on Hydrogen Blend at Sharm El Sheikh Plant

Egypt’s Sharm El Sheikh power plant has successfully operated a GE LM6000 aeroderivative gas turbine on hydrogen–natural gas blended fuel.

EU

EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’

The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…

Hydrogen Production

Egypt Signs Framework Deals in Bid to Launch Hydrogen Industry

Egypt signed eight framework agreements on Tuesday to develop green hydrogen and ammonia projects, saying it aimed to become a hub for hydrogen production and w…

Wind Turbine

Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh

Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…

Energy Transition

COP27 Reignites the Debate About Carbon Credits

Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…

Natural Gas

Vietnam Leads Gas Expansion Plans in Southeast Asia: Report

A total of 56GW is either in pre-construction or construction stages.

Net Zero Emission

Mexico Vows to Double Renewable Energy Capacity by 2030

Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday.

Smart Grid

EIT Innoenergy and Redeia Enterprises Close Three Smart Grid Projects

Together with EIT Innoenergy, Red Eléctrica and Elewit – Redeia enterprises – have closed three grid projects as part of the Grid2030 programme, aiming to de…

Floating Offshore Wind

Equinor Starts Production at Norwegian Floating Wind Farm

The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started produ…

Electric Car

UK Unveils First Large-Scale Lithium Refinery to Boost EV Supply Chain

The UK’s first large-scale merchant lithium refinery has been announced, providing battery grade materials to bolster the electric vehicle (EV), renewable ener…