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Net Zero Emission
U.S. Groups Urge Kerry to Back Climate Compensation Fund
Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…
Oil Field
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…
Tidal Energy
U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems
DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”
Offshore Wind Power
Australian Aluminium Smelter Powered by Offshore Wind
The Australian Renewable Energy Agency (ARENA) has announced AUS$1.5 million (US$941,000) in funding to accelerate the development of a 1000MW offshore wind far…
Wind Farm
Iberdrola Explores Sale of Wind Assets in Romania, Hungary -Sources
Spanish power company Iberdrola is looking to sell its onshore wind farms in Romania and Hungary as part of a strategy to raise cash to fund more lucrative rene…
Hydrogen Production
Scotland’s Offshore Hydrogen Production and Storage Awarded £2m
The funding will support the HOP2 project, which aims to demonstrate the feasibility of storing hydrogen in repurposed oil and gas assets.
Carbon Emissions
World Bank to Launch New Trust Fund for Emissions Reduction Grants
The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including de…
Ammonia
ARENA Provides Fund for Project to Decarbonise Ammonia Plant Through Hydrogen
The government granted $13.7m to the project worth $38m.
Offshore Wind Power
Australian Gov’t Grants A$1.5M Fund for Offshore Wind Project Development
The project will provide energy to the Portland Aluminium Smelter.
Wind Turbine
Developing the Next Generation of Direct-Drive Wind Turbines
Motivated by the need to eliminate expensive rare-earth magnets in utility-scale direct-drive wind turbines, Sandia National Laboratories researchers developed …
Energy Investment
Dubai Investment Fund in Projects Across Australia & Europe
Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, has announced that it will be investing …
Energy Transition
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.
Carbon Emissions
Carmakers Nearly as Carbon-Heavy per Euro as Oil Firms - NGO
The lifetime carbon emissions of a car are so high that investing in car companies funds almost as much carbon per euro as investing in an oil firm.
Hydrogen Project
EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
Thermal Coal
HSBC Fund Arm Toughens Thermal Coal Policy to Curb Climate Change
HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an…
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