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Fund
EU
Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe
European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…
Wind Turbine
UK Wind Turbine Blade Recycling Takes a Front Seat
A Scottish startup that repurposes old wind turbine blades for benches and shelters has secured £50k grant funding.
Hydrogen Production
Green Hydrogen Is Not a Silver Bullet Solution
In the United States, the Department of Energy is doling out billions of dollars in federal funding to create up to 10 “hydrogen hubs”.
Carbon Emissions
UK Launches Funding Pool for AI Decarbonisation Projects
The UK government launched a new decarbonisation programme to support use of Artificial Intelligence (AI) to reduce the UK’s carbon emissions.
Energy Transition
Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…
Energy Transition
COP27 Reaches Key Deal on “Loss and Damage” Funds for Nations Vulnerable to Climate Change
Final COP27 document seen as offering tacit support for natural gas and blue hydrogen amid warnings that energy transition is falling behind Paris objectives. …
United States
U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailan…
Offshore Wind Power
Equinor and bp Unveil $5M Offshore Wind Ecosystem Fund in New York
The two energy giants are developing the Empire Wind and Beacon Wind projects, which will generate enough renewable energy to power more than two million New Yo…
Electricity Transmission
White House Announces $13 Bln in Funding to Modernize Power Grids
The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…
Czech Republic
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…
EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects
SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…
Energy Storage Project
US Long-Duration Energy Storage Demos to Receive $350M Funding
Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.
United Kingdom
UK Unboxes £65m Clean Tech Investment at COP27
The new funding aims to make clean technologies accessible and affordable to developing countries.
Hydropower Plant
Nigeria Offers Concession on $1.3 Billion China-Funded Hydro Power Plant
Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-…
Energy Transition
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
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