European Commission to Invest $1.8 Billion in Innovative Clean Energy Projects

European Commission to Invest $1.8 Billion in Innovative Clean Energy Projects

The European Commission is investing €1.8 billion (~$1.804 billion) in 17 large-scale innovative clean energy projects worldwide. The investment is part of the second call of the Commission's Innovation Fund ...
NITI Aayog Prescribes Ten Steps to Make India a Global Green Hydrogen Hub

NITI Aayog Prescribes Ten Steps to Make India a Global Green Hydrogen Hub

A report by government think tank NITI Aayog, in partnership with Rocky Mountain Institute (RMI), has prescribed ten ways India can emerge as the global hub of green hydrogen. If ...
DOE Announces First Loan Guarantee for a Clean Energy Storage Project in Eight Years

DOE Announces First Loan Guarantee for a Clean Energy Storage Project in Eight Years

The Loans Programs Office (LPO) of the United States Department Of Energy (DoE)  has closed a $504.4 million loan guarantee for an Advanced Clean Energy Storage (ACES) project in Utah ...
EU Grants €2.4 Billion to Seven European Nations to Modernize Energy Systems

EU Grants €2.4 Billion to Seven European Nations to Modernize Energy Systems

The European Commission (EC) has extended a €2.4 billion grant from the Modernisation Fund to seven countries to help improve their energy systems, reduce greenhouse gas emissions in energy, and ...
California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles

California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles

In the state's budget for the financial year 2022-23, California Governor Gavin Newsom allocated $6.1 billion towards zero-emission vehicle (ZEV) acceleration. The investment would include a General Fund of $3.5 ...
/ / Other, Other Energy
EV Adoption, Power Sector Decarbonization Critical in Tackling Air Pollution

EV Adoption, Power Sector Decarbonization Critical in Tackling Air Pollution

Widespread adoption of electric vehicles (EVs) with power sector decarbonization policies will improve net air quality and health benefits in every Indian state by 2040, the International Council on Clean ...
/ / Electric Vehicles, Grid
Brookfield Raises $7 Billion for its Global Energy Transition Fund

Brookfield Raises $7 Billion for its Global Energy Transition Fund

Brookfield Asset Management, a Canada-based asset management company, announced that it had raised $7 billion in the initial close of its Brookfield Global Transition Fund. The fund raised will be ...
/ / Finance and M&A, Other
50 MW/500 MWh Liquid-Air Energy Storage Facility Coming to Chile

50 MW/500 MWh Liquid-Air Energy Storage Facility Coming to Chile

Highview Enlasa, a 50/50 joint venture between Highview Power, a long-duration energy storage solutions provider, and Energía Latina S.A.-Enlasa, a backup power generation provider in Chile, has announced the development ...
Daily News Wrap-Up Engie Commissions 60 MW of Solar Projects in Senegal

Daily News Wrap-Up: ENGIE Commissions 60 MW of Solar Projects in Senegal

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE, Meridiam, and FONSIS have announced the commissioning of two photovoltaic projects in Senegal with a total ...
Singapore’s Solar Developer BlueLeaf Enters India with Majority Stake in Vibrant Energy

Singapore’s Solar Developer BlueLeaf Enters India with Majority Stake in Vibrant Energy

Blueleaf Energy, a Singapore-based renewable energy company, announced that it acquired a majority stake in an Indian clean energy solutions provider, Vibrate Energy Holdings, from ATN International. Blueleaf Energy specializes ...
/ / Finance and M&A, Solar
Plug Power Raises $1 Billion to Develop Green Hydrogen Network in the US

Plug Power Raises $1 Billion to Develop Green Hydrogen Network in the US

Plug Power, a U.S.-based provider of hydrogen engines and fueling solutions enabling e-mobility, announced that it raised around $1 billion in one of the largest bought equity deals in the ...
/ / Finance and M&A, Other
Japan’s Toshiba to Stop Taking Construction Orders for Coal-Fired Plants

Japan’s Toshiba to Stop Taking Construction Orders for Coal-Fired Plants

Toshiba, a Japan-based conglomerate, announced that it would not take any new orders for the construction work of coal-fired thermal facilities. The company is planning to shift towards renewable energy ...
/ / Other, Renewable Energy
India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer

India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer

India’s Energy Efficiency Services Limited (EESL) would invest in SWAG EV, an electric vehicle (EV) manufacturer in Thailand, in a bid to drive convergence – an emerging concept bringing together electric mobility, ...
/ / Electric Vehicles, Grid
Indian Railways Announces Plans to Install Solar Panels on Stations and Trains

Indian Railways Announces Plans to Install Solar Panels on Stations and Trains

The Indian Railways is the single largest consumer of electricity with roughly 2 percent share of national energy consumption and it is gradually turning towards green initiatives for electrification as well as ...