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Fund
Wave Energy
Wavex Seeks Investment for Next Wave Energy Development Phase
Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology.The co…
Wind Power Project
Taean Wind Aims to Start Construction in 2026
The Taean Wind Power project, a fixed-bottom offshore wind project with a planned capacity of 500 MW, is targeting to commence construction in the second half o…
Wave Energy
Wavepiston Secures €900K Investment for Wave Energy Expansion
Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) comp…
Tidal Energy
French Tidal Energy Project Secures €31.3m EU Innovation Fund Grant
Tidal energy developer Normandie Hydroliennes’ NH1 tidal energy project has been awarded €31.3 million in funding from the European Union’s 2023 Innovation F…
Geothermal Heating Project
NHS, Townrock Energy to Evaluate Geothermal Heating Potential in Aberdeen, Scotland
The Scottish Government’s Sustainable Estates team will be funding a £50,000 feasibility study, to be conducted by NHS Grampian and TownRock Energy,…
Uranium Project
EU Funding for French Enrichment Plant Expansion
The European Investment Bank and Orano have signed a loan agreement for EUR400 million (USD434 million) to partly fund the project to extend the Georges Besse I…
Power Construction
Iran Allocates Major Funds for New Substation in Tabriz
Iran is allocating a significant investment of around 35 trillion rials (about $61.4 million) for the construction of a 400-kilovolt substation in Tabriz, locat…
Nuclear Reactor
Canadian Government Announces Nuclear Investments
The Government of Canada is to lend AtkinsRéalis up to CAD304 million (USD212 million) over four years to support the development of next-generation Cand…
Combined cycle power plant
Keppel Core Infrastructure Fund Acquires 39% Stake in Keppel Merlimau Cogen Plant
Keppel Core Infrastructure Fund (KCIF) has acquired a 39% stake in the Keppel Merlimau Cogen Plant (KMC), making it its first asset.The transaction will allow K…
Net Zero
All-Electric Zero-Emission Ferry Duo to Debut on San Diego-Coronado Route by 2026
San Diego-headquartered Flagship Cruises & Events has clinched $15.2 million funding from the California Air Resources Board (CARB) to develop a pair of fully e…
Power Construction
Nigeria and UN Set up $500M Fund for Distributed Renewable Energy
Nigeria, in partnership with a United Nations agency, has established a $500m target to finance the roll-out of distributed renewable energy solutions such as s…
Energy Storage Project
SMT Energy Secures $135M Funding for Houston Battery Storage Facility
SMT Energy, a U.S.-based company, announced securing $135 million for its SMT Houston IV battery energy storage facility in Texas. The installation boasts a cap…
Metal
Merdeka Battery Secures $1.4bn Financing for Nickel Plant in Indonesia
Sulawesi Nickel Cobalt (SLNC) has obtained $1.4 billion (Rp22.93 trillion) in funding to build a high-pressure acid leach (HPAL) plant on Sulawesi Island, Indon…
Geothermal Power Project
Tu Deh-Kah Geothermal Project Receives Funding From Canadian Government
Rig operations at the site of the Tu Deh-Kah geothermal project in British Columbia, CanadaThe Tu Deh-Kah geothermal project, led by Fort Nelson First Nation (F…
Decarbonization
EBRD, EU Fund Hydrogen Technology to Decarbonize Egypt’s Cement Sector
European Bank for Reconstruction and DevelopmentThe European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are expanding support fo…
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