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Investment
Biofuel
Cleanjoule Announces $50 Million Investment by International Consortium to Accelerate SAF Production
CleanJoule, a U.S.-based startup focused on the production of sustainable aviation fuel (SAF), announced May 31 a $50 million investment round led by the princi…
Electric Vehicle Battery
Toyota to Assemble New 3-Row Electric SUV in Kentucky; Additional $2.1B Investment in North Carolina Battery Plant
Toyota will assemble an all-new, three-row, battery electric SUV at Toyota Kentucky starting in 2025. The company’s first US-assembled BEV will be powered…
Energy Investment
Transtech, a Bridge Industries LLC Portfolio Company, Announces Acquisition of Metalforms Ltd.
Acquisition to Drive Bridge Portfolio Company's Growth, Advance StrategyCLEVELAND, June 1, 2023 /PRNewswire/ -- Bridge Industries LLC ("Bridge"), through it…
Offshore Wind Power
OX2 Sells 27 MW Onshore Wind Farm in Italy
OX2 has signed a contract to sell a 27 MW onshore wind farm in Foggia, Italy, to Glennmont Partners, one of Europe’s largest fund managers focusing exclus…
Carbon Emissions
Cutting Dependence on China’s Renewables Supply Chain
The US Inflation Reduction Act of 2022 is widely regarded as a game-changer in the drive to net zero. As well as generous tax credits for investment in low-carb…
Green Hydrogen
Galp Poised to Make Final Investment Decision on 100 MW Green Hydrogen Unit
Portugal’s leading oil company, Galp, is on track to make a final investment decision by the end of the year regarding its first 100-megawatt (MW) green h…
Offshore Substation
Technology Turning Any Port Into Floating Offshore Wind Hub Attracts New Investor
US-based supply chain solutions company serving the offshore wind sector, Crowley, has made an investment in Tugdock, developers of the world’s first road…
Wind Farm
European Parliament Mustn’t Undermine Climate or Energy Security
The EU is debating a revised electricity market design. The European Commission has proposed a targeted reform to end the investment uncertainty caused by uncoo…
Offshore Wind Power
OX2 and Ingka Investments Enter Conditional Agreement With Nkt for Delivery and Installation of Export Cables for Two Offshore Wind Farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona wi…
Wind Farm
Iberdrola Agrees With Norges Bank Investment Management for 1,265 Renewable MW in Spain and We Are Negotiating More Than 500 Additional MW
The companies comply with all the legal requirements to carry out the alliance, as communicated to the CNMVThe companies are working to expand the alliance by m…
Biofuel
Sojitz Makes Strategic Investment in Next to Develop Oregon Renewable Diesel, SAF Project
Sojitz Corp. and its subsidiary, Sojitz Corporation of America, and Next Renewable Fuels Inc. announced May 30 that Sojitz and Next have entered into a strategi…
Biorefinery
Sojitz, Next Renewable Fuels Partner on Oregon Biorefinery
Sojitz Corp. and its subsidiary, Sojitz Corp. of America, and NEXT Renewable Fuels Inc. are pleased to announce that Sojitz and NEXT have entered into a strateg…
Solar Panel
SPIC Unveils Topcon Back Contact Solar Panel With 23.4% Efficiency
Chinese manufacturer SPIC Solar says its new PV modules have power outputs ranging from 450 W to 460 W, and power conversion efficiencies ranging from 22.9% to …
Solar Power Plant
Spanish PV Market Exposed to Over-Investment Risk by 2030
New data from Afry Management Consulting suggests that Spain’s solar power producers could face prices below €20/MWh before 2030 if renewable penetra…
Hydrogen Project
The Hydrogen Stream: Norway, Finland Take the Lead in Europe
Plug Power has revealed plans to develop three green hydrogen production plants in Finland, while Statkraft is set to increase its investments in the German hyd…
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