Vests

Nuclear Reactor

Canadian government invests in SMR project

The Canadian government has announced investments totalling just over CAD56 million (USD45 million) to support the development of small modular reactor (SMR) re…

Energy Investment

Apple Invests $2.8bn in 17 Renewable Energy Projects in 2020

The projects will cut 921,000 metric tonnes of carbon emissions annually and help the iPhone maker to become carbon-neutral by 2030

Energy Investment

Porsche Invests EUR 70 million in Croatia’s Rimac Automobili

Porsche has increased the share of its ownership in Croatia’s electric car producer Rimac Automobili to 24% with an investment of EUR 70 million.

Geothermal Power Plant

Chevron Invests in Geothermal Development Company

Swedish investment and development firm Baseload Capital, has successfully closed a $25 million funding round with Chevron Technology Ventures as a new strategi…

Wind Power Tower

Vestas Invests in Swedish Firm that Builds Wooden Towers for Wind Turbines

Vestas announced Thursday that it had invested in a Swedish firm which develops and manufactures wind turbine towers.

Geothermal Power Plant

KENYA: CDC Invests in Quantum and Relaunches the Menengai II Geothermal Project

Financed by CDC Group, the British company Globeleq becomes majority shareholder in Quantum Power East Africa GT Menengai.

Tidal Energy

Canadian Government Invests in Nova Scotia Tidal Energy Project

WORLD leading tidal energy company Nova Innovation has secured $4 million from the federal government for Phase 1 of its 1.5 MW tidal energy project in Nova Sco…

Hydrogen Fuel Cell

SK Group Invests $1.5bn in Hydrogen Fuel Cell Firm Plug Power

South Korean company SK Group has agreed to invest $1.5bn in US-based hydrogen fuel cell solutions provider Plug Power, forming a new strategic partnership.

Energy Storage Project

DOE Invests US$7.6 million to Develop Energy Storage Projects

The U.S. Department of Energy has selected 29 projects to receive nearly US$7.6 million in federal funding for cost-shared research and development.

Hydrogen Project

A.P. Moller Holding Invests Millions in Green Hydrogen Systems

Denmark’s A.P. Moller Holding, a parent company of shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular ele…

Energy Storage Project

Hannon Armstrong Invests in 1.6-GW Wind-Solar-Storage Portfolio

Hannon Armstrong Sustainable Infrastructure Capital Inc has committed to invest about USD 663 million in a large renewable energy portfolio developed by Clearwa…

LNG

Shell Divests LNG Stake For $2.5 Billion

Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…

Energy Investment

Toyota Invests in CaetanoBus and Finlog

Toyota Caetano Portugal has invested in CaetanoBus and Finlog in a bid to accelerate the spread of hydrogen mobility.

Hydrogen Technology

Mitsubishi Heavy Invests in Monolith Materials to Support Clean Hydrogen Production

Monolith Materials, Inc. has received an investment from Mitsubishi Heavy Industries America, Inc. to support its commercial-scale, emissions-free hydrogen manu…

Energy Infrastructure

Australia’s Government Invests AU$125m Towards Grid Infrastructure for Snowy 2.0 Pumped Hydro

The Australian government-backed Clean Energy Finance Corporation has committed AU$125 million to help build grid infrastructure for a 2GW pumped hydro project …