Fund

EU

EU Commission Offers €3bn for Innovative Cleantech Projects

It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …

World Falling Short on Funding for Climate Adaptation - UN Report

The world is falling far short at rounding up money to help struggling nations adapt to the increasingly dangerous impacts of climate change.

Net Zero Emission

UK Government Boosts Hydrogen Buses With £26m

Wrightbus has secured the funding, as it looks to build 3,000 zero-emission buses.

Scotland Awards £2.9m to Tackle Nature and Climate Crises

Projects that restore Scotland’s rainforest and protect some of the country’s most threatened wildlife will share the funding.

Australia

ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects

This CEFC investment will accelerate the development of ACEN’s renewables portfolio.

Energy Storage Project

GSF Purchases 200 MW Storage Project

GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…

Net Zero Emission

Baseload Capital Raises US$24 Million to Boost Geothermal

Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.

Net Zero Emission

Saudi Aramco Unveils $1.5BN Sustainability Fund

It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.

Iberdrola Renewables Investment Rises

Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.

BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund

BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…

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…