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EU
EU signs off on €3.7bn Czech biomethane production subsidies
The European Commission has approved a €3.7bn ($4.36bn) Czech government funding scheme to scale sustainable biomethane production amid the net-zero emissi…
Solar Power Plant
Qualitas Energy acquires 376 MWp of Polish solar
Investment fund Qualitas Energy has acquired a portfolio of nine Polish solar plants with a total installed capacity of 376MWp.The portfolio has been acquired f…
United States
Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
Microsoft, Chevron, and investment fund Engine No. 1 announced an exclusivity agreement on March 31 aimed at collaborating on power generation and supply. The p…
Senegal
PIDG Backs Afreenergy Solar with €4.3 Million to Scale Solar-Plus-Storage Deployment in Senegal
The Private Infrastructure Development Group (PIDG) has committed €4.3 million in funding to support Afreenergy Solar in expanding solar and battery storag…
Finland
Downing buys three Finnish hydropower plants
Funds managed by Downing have agreed to acquire Tornionlaakson Voima Oy, which owns and operates three hydropower plants in the Tengeliönjoki river basin i…
Floating Offshore Wind
UK backs Port Talbot floating wind hub
The UK government has awarded up to £64 million to support the development of Port Talbot as a floating offshore wind hub in the Celtic Sea.The Department…
Energy Investment
Zelestra secures $600 million for 440 MW Texas solar portfolio to supply solar portfolio
Renewable energy developer Zelestra has closed a $600 million green project financing package to fund the construction and development of two utility-scale sola…
United Kingdom
€693 million financing to support UK’s subsea electricity superhighway
ScottishPower, through its parent company Iberdrola, has secured £600 million (around €693 million) in financing from the National Wealth Fund to sup…
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
As part of the international energy conference CERAWeek, Kazakh Energy Minister Yerlan Akkenzhanov joined the session titled "Global Oil Market Outlook: Fundame…
India
Pranos Nets $6.8 Mn To Build Tokamak, Superconducting Magnets For Nuclear Fusion
Nuclear energy startup Pranos has raised $6.8 Mn (around ₹63 Cr) in its fresh funding round co-led by pi Ventures and Ankur Capital, along with participation f…
United States
US and TotalEnergies reach 'nearly $1 billion' deal to end offshore wind projects
The United States and TotalEnergies on Monday, March 23 signed an agreement to end the French company's offshore US wind farm projects and redirect those fu…
United States
Fervo secures $421 million financing to support Cape Station geothermal development
Geothermal energy project developer Fervo Energy announced that it has secured $421 million in financing to fund the construction costs of the first phase of it…
United States
Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project
according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…
World Bank Funds Uzbekistan to Repair Natural Gas Pipeline Network Leaks
The World Bank recently approved a $10.6 million grant to support Uzbekistan in repairing leaks in its aging natural gas transmission system. This project aims …
ACME Solar Holdings Secures INR 23 Billion Long-Term Loan from India's NaBFID to Support Renewable Energy Project Expansion
ACME Solar Holdings has secured a long-term loan of INR 23 billion from the National Bank for Financing Infrastructure and Development (NaBFID). This funding wi…
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