Fund

Carbon Capture

Canada Signs Second Deal to Guarantee Price of Captured Carbon

The Canada Growth Fund, a federal clean-tech financing agency, on Tuesday signed its second deal to backstop carbon prices with a proposed Alberta facility that…

Renewable Energy

Saudi Arabia's PIF Plans to Invest $15 Billion in Brazil, Says Brazilian Minister

Saudi Arabia's Public Investment Fund (PIF) intends to invest some $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable ener…

Nuclear Reactor

EBRD Chernobyl Funding Plan Ratified by Ukraine's Parliament

Members of Ukraine's parliament have backed a law approving the framework agreement between Ukraine and the European Bank for Reconstruction and Development…

Energy Storage Project

Octopus Energy, Gresham House Energy Storage Fund Sign BESS Tolling Deal

Gresham House’s Glassenbury battery storage system. Image: Gresham House.Octopus Energy has signed a two-year fixed-price tolling agreement with Gresham H…

Nuclear Reactor

Dutch Government Supports Four New Nuclear Reactors

The incoming new government of the Netherlands reportedly will support construction of at least four new utility-scale nuclear power reactors, as part of a prog…

LNG

Woodside Gets $1 Bln in Funding for Scarborough LNG Project

A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…

Solid-State Batteries

Maxvolt Secures $1.5 Million for Lithium Battery Plans in India

Maxvolt Energy Industries, a manufacturer and supplier of lithium battery packs for electric vehicles, energy storage systems, and medical devices, has raised $…

Biofuel

DOE Funds 7 Carbon Removal and Storage Projects Focused on Biomass

The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbo…

Hydrogen Project

EU Okays $1.5 Bln State Funded Joint Hydrogen Project, $1.1 Bln Joint Healthcare Project

European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing Ri…

Offshore Wind Power

UK Unveils GBP 50 Million Fund to Boost Offshore Wind Supply Chain

The Crown Estate has initiated a Supply Chain Accelerator to stimulate early-stage investment in the UK offshore wind supply chain.The accelerator is a new GBP …

Wind Turbine

DOE-Funded Wind Testing Center Upgraded to Accommodate Longer Turbine Blades

The WTTC opened in 2011 and has since evolved to test longer wind turbine blades (Credit: DOE)The upgrade button has been pressed at Massachusetts Clean Energy …

Energy Storage Project

Gore Street's Operational BESS Capacity up 45%

High wind penetration in Ireland has led to spikes in Day-Ahead and Intra-Day prices as well as increased revenues from ancillary service DS3. Image: Gore Stree…

Renewable Energy

New York Announces $11.6m to Develop Clean Energy Industry Workforce

20 MW Energy Storage Project in Franklin County (Courtesy: New York Power Authority)New York Governor Kathy Hochul has announced $11.6 million in funding to sup…

Geothermal Power Project

XGS Energy Raises $20 Million Additional Funding for Next-Generation Geothermal

XGS Energy logo (source: XGS Energy)XGS Energy, an innovator in next-generation geothermal energy technology, has announced the completion of $20 million in add…

Coal-Fired Power Plants

S.africa in Talks With Climate Backers Over Delaying Coal Plant Closures

South Africa is in talks with groups helping to fund its switch to a greener economy about delaying the closure of some coal plants as it battles to boost power…