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Hydrogen Fuel Cell
US DOE Awards Nel Subsidiary Funds for Reversible Fuel Cell Research
Proton Energy Systems Inc has been awarded $1.85 million by the US Department of Energy to develop a reversible fuel cell system capable of producing low-cost h…
Crude Oil
US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve
The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,…
Hydropower Plant
Kenya’s Kaptis Hydropower Project to See Financial Close in 2020
A joint development agreement, to bring the Kaptis hydropower project in Kenya through to financial close and construction in 2020, has been signed between the …
Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
Wind Turbine
Aquila Acquires Third Danish Wind Project
Aquila European Renewables Income Fund has announced its intention to increase existing investment in Svindbaek Vindkraft HoldCo ApS .
$160 Millions for Renewable Energy Through the Energy Inclusion Facility
The Energy Inclusion Facility (EIF) of the African Development Bank (AfDB) has raised USD 160 million. The funds provided by several development partners will h…
Solar Company
Canadian Solar inks €55m Italian Solar Deal
Canadian Solar has secured a €55m financing deal with Intesa Sanpaolo to fund the construction of a 151MW portfolio of solar projects in Italy.
Australia is Providing $40 Million for Future Energy Research
The Federal Government will provide $40 million in funding to establish the Future Energy Exports Cooperative Research Centre (FRnEx CRC).
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits.
Ireland Shares €1m for Research Targeting Geothermal Energy
Three projects in Ireland are to receive a share of €1m in funding for research targeting geothermal energy.
Latvia Aims for Energy Efficiency
The European Investment Bank (EIB) has signed an agreement with ALTUM – a Latvian state-owned development finance institutions that provides funding for a wide…
UK to Spend $1bn on New CCS Projects As Key Part of its Zero-Emissions Strategy
The UK government has pledged £800m ($1bn) to fund new carbon capture and storage (CCS) projects, while arguing that renewable energy is likely to be the UK's …
Power Construction
TenneT Inks €250m Dutch Grid Deal with EIB
TenneT has signed a €250m loan agreement with the European Investment Bank to fund a key onshore grid project that will enable the transmission of increasing a…
Solar Power Plant
AfDB Provides $150m to Electrify 250,000 Households with Solar
The Kenyan government has recently secured $150 million (over 15 billion Kenyan shillings) from the African Development Bank (AfDB). The funds will provide sola…
Electric Car
UK Announces £37 Million in E-Mobility R&D, Development Funding
UK Business Secretary, and President of COP26, Alok Sharma has announced £37 million ($47 million) in new government finance to design, test, and produce elect…
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