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Investment
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…
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.
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.
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 …
Hydrogen Production
High Gas Prices Spur Green Hydrogen Investment -Report
Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…
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.”
Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Solar Power Plant
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Solar Power Panel
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
Net Zero Emission
Australia, Singapore Sign ‘Green Economy’ Pact
Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology.
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