Fund

Wave Energy

US Rolls Out Largest Wave Power Fund in Its History to Step up the Ocean Energy Game

The U.S. Department of Energy (U.S. DOE), Water Power Technologies Office (WPTO), has issued a $112.5 million funding call to spur the demonstration of wave ene…

Nuclear Power Plant (NPP)

South Korea Funds Norwegian SMR Study

Source: Norsk KjernekraftSouth Korea, through the Korea Overseas Infrastructure & Urban Development (KIND) Corporation, has awarded funding to DL Energy and DL …

Solar Power Plant

Masdar, EDF and KOWEPO Finalise Funding for 1.5GW Solar Farm in UAE

The Al Ajban project is jointly owned by EDF Renewables, KOWEPO and Masdar. Credit: Masdar.EDF Renewables, Masdar and Korea Western Power (KOWEPO) have announce…

Carbon Credits

Exclusive: Indonesia’s Prabowo Plans $65 Bln Green Fund From Selling Carbon Credits

A student carries mangrove saplings to be planted at Mangrove Park Lampulo, marking World Environment Day in Banda Aceh, Indonesia, June 5, 2024. REUTERS/ Riska…

Gas Pipeline

Apollo Inks $1 Billion Deal with BP to Fund Stake in Trans Adriatic Gas Pipeline

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…

Carbon Emissions

Occidental’s 1POINTFIVE to Get up to $500M US DOE Funding for South Texas DAC Hub

US DoE to award up to $500m to Occidental’s 1PointFive for the South Texas DAC hub. (Credit: Michael from Pixabay)Occidental’s fully owned subsidiar…

Oil & Gas Trade

Qatar Plans to Increase Its Stake in Iberdrola

Credit: Poetra.RH via Shutterstock.Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, i…

Offshore Wind Power

Thirteen Marine Energy Projects Secure $2.1m Support Through US Research Program

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved funding of $2.1 million for 13 projects through its thirteenth Req…

Renewable Energy

Occidental’s 1POINTFIVE Secures Funding of up to $500 Mln From US DOE

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Energy Storage Project

Econergy Group Secures Funding for 102MWH Swangate Storage Project

The Swangate Project (pictured) uses Trina Storage’s Elementa technology. Image: Econergy.Independent power producer (IPP) Econergy Group, through its UK …

Hydropower Plant

Biden-Harris Administration Allocates $430 Million for Hydropower Upgrades

The Biden-Harris Administration announced it will invest $430 million in 293 hydroelectric improvement projects across 33 states. The funding, part of the Inves…

Biorefinery

DOE Funds 6 Bioenergy Projects

The U.S. Department of Energy announced awards totaling $142 million for small businesses through DOE’s Small Business Innovation Research (SBIR) and Small Bus…

Nuclear Power Plant (NPP)

UK Boosts Sizewell C Funding

The UK Department for Energy Security & Net Zero (DESNZ) has published details of a new subsidy scheme – the Sizewell C Development Expenditure (Devex) Sc…

Offshore Wind Power

Record UK Renewables Auction Gives Boost to Offshore Wind

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Purchase Licensing RightsBritai…

Geothermal Power Project

Finland Receives EUR 3.4m Funding to Promote Geothermal Utilization

Geoenergy City diagram (source: GTK)The Geological Survey of Finland (GTK), along with its partners, has received EUR 3.4 million in research funding for the Ge…