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Investment
United States
U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause
The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …
Testing Hydrogen Blends to Decarbonise Peaker Plants
Investment firm Climate Adaptive Infrastructure (CAI) and developer Meridian Clean Energy said they will partner to demonstrate decarbonisation in peaker plants…
Energy Investment
Biden Administration to Invest Us$26 Million in Renewable Grid Demonstration Projects
US President Joe Biden has launched a US$26 million-funded project that will demonstrate the US electricity grid can reliably run entirely on renewables and ene…
Hydrogen Production
Big Names Including Amazon, Honeywell, Mitsubishi Line Up Behind Green Hydrogen
Even as the overall VC market slows during the second half of 2022, investments in climate tech — particularly technologies that could enable green hydrogen to…
Energy Investment
Investment in Renewables Hits Record $226BN Despite Supply Chain Woes
Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.
Energy Investment
Octopus Energy, Nest, and GLIL invest in Hornsea One
Octopus Energy Group’s generation business has worked with Nest to take a stake in the Hornsea One Wind Farm.
Hydrogen Fuel Cell
UK’s Johnson Matthey, Sinopec Unit Explore Decarbonisation Options in China
British chemicals maker Johnson Matthey Plc said on Wednesday it was in in talks with the investment arm of China's Sinopec for exploring a collaboration in dec…
Energy Investment
EU Backs Cleantech Innovators With €1.8BN Investment
A total of 17 projects will share the funding to bring ‘breakthrough technologies’ to the market in energy-intensive industries
Offshore Wind Power
First Firm Offshore Wind Power Order for Siemens Gamesa in Japan
Siemens Gamesa Renewable Energy has been awarded the firm order for the 112 MW Ishikari offshore wind power project from Green Power Investment.
Wind Farm
Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm
Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…
Oil Field
Green Light From TotalEnergies for Oil Project off Angola
France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.
Energy Investment
Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment
The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market
Smart Meter
Italgas – Smart Gas Networks at Core of Investments
Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.
United Kingdom
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Hydrogen Project
Brazil’s Unigel to Build Green Hydrogen Plant With $120 Mln Investment
Brazilian chemical maker Unigel on Monday announced plans to build a green hydrogen plant in the northeastern state of Bahia, with an initial investment of $120…
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