Global Offshore Wind Installation Totaled 6.1 GW in 2020

Global Offshore Wind Installation Totaled 6.1 GW in 2020

In its recent report, the Global Wind Energy Council (GWEC) said that the global offshore wind installation stood at 6.1 GW in 2020, a slight decline compared to 6.24 GW ...
/ / Wind
Battery Analytics Company ACCURE Secures $8 Million Funding

Battery Analytics Company ACCURE Secures $8 Million Funding

Blue Bear Capital, a U.S.-based investor, focused on digital technologies for energy and climate solutions, Capnamic Ventures, and 42CAP have invested $8 million in ACCURE - a software and artificial ...
/ / Energy Storage, Market & Policy
Europe Adds 1.3 GW of Offshore Wind Capacity in 1H 2021

Europe Adds 1.3 GW of Offshore Wind Capacity in 1H 2021

Europe has installed 1.3 GW of new offshore wind capacity in the first half of 2021, according to WindEurope, a Brussels-based association promoting wind energy in Europe. The European Union ...
/ / Wind
About 45% Of EU Firms Have Reported Investments to Fight Climate Change EIB Report

About 45% of EU Firms Have Reported Investments to Fight Climate Change: EIB Report

European Investment Bank (EIB) recently published the report "European firms and climate change 2020/2021: Evidence from the EIB Investment Survey". The report sheds light on how European Union (EU) firms ...
/ / Other, Renewable Energy
Funding and M&A Roundup Greenvolt Raises €150 Million in IPO for Renewables Expansion

Funding and M&A Roundup: Greenvolt Raises €150 Million in IPO for Renewables Expansion

From: Mercom Capital Group Greenvolt, a Portugal-based renewable energy firm, raised €150 million (~$177 million) in an initial public offering (IPO) to fund its expansion, including in European solar parks ...
/ / Other, Renewable Energy
Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

Global Climate-Aligned Bond Issuance Reached $913.2 Billion in 2020: Report

In 2020, 420 climate-aligned issuers issued climate bonds of $913.2 billion, Climate Bonds Initiative, a London-based non-profit research organization, said in its latest report. The climate-aligned market is around half of ...
/ / Other, Renewable Energy
IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030 (1)

IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030

Global hydropower capacity is expected to increase by 17%, or 230 GW, in the upcoming decade, the International Energy Agency (IEA) said in a recent report. In 2020, hydropower was ...
/ / Other, Renewable Energy
Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75 billion private placement to finance its battery cell production expansion and research and development (R&D) efforts. The annual production capacity of ...
/ / Finance and M&A, Other
EIB and SBI Launch €100 Million Climate Action and Sustainability Financing

EIB and SBI Launch €100 Million Climate Action and Sustainability Financing

In a significant development, the European Investment Bank (EIB) and the State Bank of India (SBI) have launched a new initiative of €100 million (~$121.63 million) for climate action and ...
In 2020, Europe Invested €43 Billion in Wind Farms to Build 20 GW of Capacity

In 2020, Europe Invested €43 Billion in Wind Farms to Build 20 GW of Capacity

Europe invested €43 billion (~$51.47) in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in ...
/ / Other, Wind
A Record 114 GW of Wind Power Capacity Added Globally in 2020

A Record 114 GW of Wind Power Capacity Added Globally in 2020

A total of 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to a report from Wood Mackenzie. This is the ...
/ / Wind
Daily News Wrap-Up: EIB Approves €688 Million to Support Solar and Wind Expansion

Daily News Wrap-Up: EIB Approves €688 Million to Support Solar and Wind Expansion

The European Investment Bank (EIB) has approved €3.7 billion (~$4.42 billion) for business investment, renewable energy, and upgrading hospitals, schools, internet services, and urban infrastructure. Out of the total amount, ...
/ / Other, Renewable Energy
Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

Offshore Wind Segment to be the New Hiring Haven for Energy Jobs: Report

The offshore wind energy segment will be the new hiring haven for energy jobs, according to Rystad Energy analysis. Demand for offshore wind staff will triple by the end of ...
/ / Wind
Europe to Lead the Way in Green Energy Transition, Says MIT Report

Europe to Lead the Way in Green Energy Transition, Says MIT Report

The MIT Technology Review, in association with Citrix, Morgan Stanley, and Salesforce, has come out with a new report named the 'Green Future Index' that has ranked 76 countries on ...
/ / Other, Other Energy
Solar the Most Popular Choice in Hungary’s 1.3 GW Second Renewable Tender

Solar the Most Popular Choice in Hungary’s 1.3 GW Second Renewable Tender

The second renewable energy tender issued by the Hungarian Energy and Public Utilities Regulatory Authority (MEKH) has received a phenomenal response. The 390 GWh tender was oversubscribed by 1,755 GWh, ...
/ / Other, Renewable Energy
Total and Google Cloud Develop a Tool that Can Predict the Solar Potential of Rooftops

Total and Google Cloud Develop a Tool that Can Predict the Solar Potential of Rooftops

Total, a France-based oil and gas major, and Google Cloud have jointly developed Solar Mapper, a tool to predict rooftop solar energy potential. The tool aims to enhance the solar ...
/ / Rooftop, Solar
European Commission Announces €1 Billion Fund to Promote Sustainable Projects

European Commission Announces €1 Billion Fund to Promote Sustainable Projects

The European Commission (EC) announced that it would launch a €1 billion (~$ 1.16 billion) European Green Deal call for research and innovation projects to tackle the climate crisis and ...
/ / Other, Renewable Energy
France to Invest Over $35 Billion to Boost the Economy Through Renewables

France to Invest Over $35 Billion to Boost the Economy Through Renewables

France has announced its plans to invest €100 billion (~$118.4 billion) to retrieve the economy from the damage caused by the COVID-19 pandemic. As part of its 'France Relance' (France ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Apple to Expand its Renewable Energy Portfolio in Europe

Daily News Wrap-Up: Apple to Expand its Renewable Energy Portfolio in Europe

Here are some noteworthy cleantech announcements of the day from around the world: Global technology giant Apple announced that it would invest in two onshore wind turbines near the Danish ...
/ / Other, Renewable Energy
News Wrap-Up_ Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

News Wrap-Up: Meyer Burger Buys SolarWorld’s Plant, BP to Build 50 GW of Renewables

Here are some noteworthy cleantech news and announcements from the around the world week: Meyer Burger, a Switzerland-based engineering company, announced that it had secured new locations to set up ...
/ / Other, Renewable Energy
ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

Solar developer ReneSola Power announced that it had raised €10.64 million (~$12 million) through bridge funding from Eiffel Energy Transition Fund to construct 19 MW of solar projects in Poland. ReneSola ...
/ / Finance and M&A, Solar
European Commission and India to Cooperate on Integrated Local Energy System Solutions

European Commission and India to Cooperate on Integrated Local Energy System Solutions

The European Commission’s (EC) Innovation and Networks Executive Agency (INEA) and the Indian Department of Science and Technology (DST) have called for proposals that make use of existing local energy ...
EIB to Stop Funding Fossil Fuel-Based Projects After 2021

EIB to Stop Funding Fossil Fuel-Based Projects After 2021

The European Investment Bank (EIB) has announced that it will end financing fossil fuel-based projects by the end of 2021. The global lender now wants to focus its financing for ...
/ / Other Energy
Investments into Renewables in India Surpassed Fossil-Fuels in 2017: IEA

Investments into Renewables in India Surpassed Fossil-Fuels in 2017: IEA

Investment into India’s renewable energy sector were more than the investments made in the conventional energy (fossil-fuel based) projects in 2017. This milestone was the first of its kind, according ...
BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

Global Energy & Power Infrastructure Fund III (GEPIF III), a BlackRock Real Assets power and energy infrastructure fund, has secured $1.5 billion in commitments from prominent institutional investors in North ...