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Invest
SAF
Colombia’s Ecopetrol to Invest up to $700 Million in SAF Production Plant
Ecopetrol, Colombia’s state-run energy company, has announced plans to invest between $500 million and $700 million in a new facility to produce Sustainab…
Green Hydrogen
Energy Vault Secures $28M for World’s First Green Hydrogen Microgrid for PG&E
Energy Vault Holdings Inc., a company specializing in sustainable energy storage, has secured $28 million in project financing for its Calistoga Resiliency Cent…
Nuclear Reactor
Italian Government Eyes Investment in Newcleo
Newcleo, a company focused on innovative nuclear reactor designs, has expressed gratitude for the Italian government’s backing. This follows a statement f…
Power Construction
SSEN to Invest £200M to Modernise Power Grid in Oxfordshire, UK
Scottish and Southern Electricity Networks (SSEN) has revealed plans to invest £200m ($258m) in upgrading the electricity distribution network across Oxfo…
Green Hydrogen
Norwegian Hydrogen Announces New 25MW Green Hydrogen Plant in Rjukan, Norway
Norwegian Hydrogen has announced plans to build a new green hydrogen production facility in Rjukan, Telemark, Norway, reinforcing its commitment to expanding cl…
Geothermal Power Project
World Bank Announces $150 Million Investment for Geothermal in El Salvador
The World Bank has recently approved a $15 million, six-year investment program to support El Salvador in expanding its geothermal energy capabilities. The fund…
Natural Gas
BpTT Advances Upstream Strategy With Ginger Gas Project Approval
The British company BP (bpTT) has achieved a significant milestone by finalising the investment decision (FID) on the Ginger gas development. This marks progres…
Biofuel
Anora to Install New Biomass Boiler at Distillery in Finland
Anora, a prominent company, has made a significant move by investing in a new biomass boiler at its Koskenkorva Distillery in Finland. This modernization projec…
Geothermal Power Project
MTA Highlights Geothermal Activity in Türkiye in 2024 Activity Report
The Mineral Research and Exploration Directorate (MTA) has issued its 2024 activity report, highlighting significant advancements in its geothermal energy proje…
Wind Farm
Vindr to Deliver 600MW Latvian High-Five
Renewable energy company Vindr has secured investment in five new wind park projects in Latvia. The Nordic developer plans to invest up to €600 million, wi…
CCS
Northern Lights CCS Project Secures $710M for Phase Two Expansion
Equinor, Shell, and TotalEnergies have decided to invest NOK7.5bn ($710m) in the next phase of the Northern Lights carbon capture and storage (CCS) project.The …
Geothermal Power Project
XGS Energy Secures $13 Million in New Funding for Advanced Geothermal Technology
XGS Energy has announced that it has closed $13 million in new financing. The over-subscribed round included new investors Aligned Climate Capital, ClearSky, Cl…
Carbon Storage
Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion
Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding thei…
Photovoltaic (PV)
Offshore vs. Ground-Mounted PV
Researchers from Saudi Arabia's King Fahd University of Petroleum & Minerals have conducted a comparative investigation of experimental solar floating photo…
Metal
Electra Advances North America’s First Cobalt Sulphate Refinery in Ontario
Electra Battery Materials has secured $54m in non-dilutive funding, including $34m (C$48.47m) from Canadian Government sources and a $20m strategic investment p…
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