Invest

Net Zero Emission

Northern Ireland Invests £88m in New Zero Emission Buses

The investment will support the supply of 100 new zero-emission buses.

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.

EU

EIB Group Supports REPowerEU Plan With €30BN Financing

Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.

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.

Hydrogen Project

Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report

Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…

Carbon Emissions

Apple Announces New Clean Energy Investments, Asks Suppliers to Decarbonize

Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations rela…

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.…

Coal Production

Indonesia’s Pivot Away From Coal Will Require Massive Investments

As the world’s largest coal exporter, Indonesia will play a key role in reducing global emissions, but it needs help to do it.

Offshore Wind Power

RUK Urges Sunak to Back Renewables as New Prime Minister

Trade group also calls for a rethink of recent Conservative policy that could 'undermine' investor confidence.

Wind Farm

Ørsted to Sell 50% Stake in US Renewables Portfolio

Global wind project developer Ørsted has announced that it is selling a 50% ownership stake in a US portfolio to the investment group Energy Capital Partners. …

Paris Climate Agreement

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.

LNG

Philippines Sees Room for LNG Despite Renewables Push

The use of LNG imports for power generation in the Philippines next year should not be a disincentive for investors in renewables.

Wind Farm

Ørsted Partners with ECP in the Company’s First-Ever Farm-down of Onshore Assets

Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio c…

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

Electric Vehicle Battery

VW Steps up EV Battery Development and Production

Volkswagen has established partnerships to investigate new battery materials and to establish a large scale battery supply chain.