Fund

Biobattery

Department of Energy Announces $97 Million for Bioenergy Research and Development

The U.S. Department of Energy announced more than $97 million in funding for 33 projects that will support high-impact technology research and development.

Hydrogen Fuel Cell Vehicle

Austrian HyTrain Project Receives €3.1m

The Ministry of Climate Protection is supporting the development of a hydrogen-powered narrow-gauge train in Austria with a €3.1m grant through the Climate and…

Pumped Storage

Genex, J-Power Ink Equity Funding Deal for 250-MW K2 Hydro Storage Project

Japan’s Electric Power Development Co Ltd, known as J-Power, has committed to invest up to AUD 25 million in Genex Power Ltd’s 250-MW K2 pumped storage hydro …

Germany

Germany Backs Orsted Green Hydrogen Team

Federal government funding approved for the Westkuste 100 project which aims to develop a 700MW electrolyser.

Solar Power for Home

FMO Funds Distribution of Solar Home Systems in Côte d’Ivoire

Solar home system provider, Lumos, has secured new funding from Dutch entrepreneurial development bank, FMO, to expand its provision of solar home systems in C…

Solar Power Plant

Australian Startup Pilots New Rooftop Solar Technology for Multi-Tenanted Buildings

The Australian Renewable Energy Agency is providing $220,000 in funding to Allume to deliver its rooftop solar pilot project with The Salvation Army and Green P…

Saudi Arabia

MENA Fund to Increase Saudi Investments with Eye to Recovery

Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from the coro…

Wave Energy

CorPower Ocean Secures Funding for Breakthrough Wave Energy Tech

CorPower Ocean, a specialist in wave energy technology, has secured funding for its new generation of high-efficiency WECs.

Nuclear Policy

USA Lifts Nuclear Finance Ban

The USA has lifted its legacy prohibition on funding nuclear energy projects overseas.

Energy Investment

Efficiency Companies Raise $858 Million In VC Funding In 1H 2020

Funding into Battery Storage and Efficiency companies was down in the first half of 2020

Ireland

Ireland’s Renewable Electricity Scheme Gets EU Approval

Ireland’s Renewable Electricity Support Scheme has passed EU state aid rules, allowing it to take provide funding for future renewable projects.

Wind Energy Technology

Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device

Australian tech start-up, Ping Services, has raised a $1.3 million Seed funding round to accelerate growth and scale up manufacturing of Ping Monito.

Energy Investment

ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round

The Australian Renewable Energy Agency has announced seven companies have been shortlisted and invited to submit a full application.

Coal Trade

Trump Administration Invests in ‘New Future’ for Coal

The U.S. Department of Energy announced on Friday it will provide $118 million in funding to support research and development of technologies to make coal power…

Offshore Wind Power

Global Investment in Offshore Wind Power Rises Fourfold in First Half of 2020

The allocation of funds for renewable energy from January to June outperformed data from most economic reports in the world, which can largely be attributed to …