Algebris Investments has launched its first venture capital fund, Algebris Climatech, with an initial close of approximately €60 million. Institutional investors, including major Italian pension funds and CDP Venture Capital,...
Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Google dives into India’s carbon removal sector Google has partnered with Indian supplier Varaha to buy 100,000 tons of carbon credits through 2030. The credits come from biochar, a charcoal-like...
The European Investment Bank (EIB) and Societe Generale have announced an unprecedented collaboration to unlock €8 billion in investment for Europe’s wind industry. Central to this initiative is a €500...
Gigablue, a leader in affordable carbon dioxide removal (CDR) technologies, has signed a landmark agreement with SkiesFifty to remove 200,000 tons of CO2 over the next four years. This agreement...
Origis Energy, a leader in renewable energy and decarbonization, has closed a $415 million financing deal for its Swift Air Solar project in Ector County, Texas. The package includes construction,...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced $6 billion in tax credit allocations for the second round of the § 48C Qualifying Advanced Energy...
EQT Transition Infrastructure has announced its acquisition of Scale Microgrids, a leading North American developer, owner, and operator of distributed energy systems, from Warburg Pincus and other shareholders. Why it...
UK-based renewable energy company Low Carbon has signed a 10-year Power Purchase Agreement (PPA) with Quebec-based carbon removal project developer Deep Sky. The agreement solidifies Low Carbon’s position as a...
The U.S. Department of the Treasury and IRS released final rules for the Clean Electricity Investment and Production Tax Credits under sections 45Y and 48E of the tax code. These...
Great Britain marked a milestone in 2024 as coal generation ended on September 30 with the closure of Ratcliffe power station. This marked the final chapter of 142 years of...
Leadership Transition at Terrascope Terrascope, a global leader in carbon measurement and decarbonization, appointed Felipe Daguila as its new CEO, effective January 7, 2025. Daguila, who joined the company in...
Pioneering Carbon Storage in Kern County The U.S. Environmental Protection Agency (EPA) issued four Class VI Underground Injection Control (UIC) permits to Carbon TerraVault (CTV), a subsidiary of California Resources...
Mizuho Securities, in collaboration with Blue Sky Solar, is pioneering renewable energy funding in Japan through private security token issuance (STO). This marks Japan’s first-ever tokenized infrastructure private equity fund,...
The U.S. Department of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit, aiming to drive industry growth while meeting stringent emissions standards....
Poland’s power-grid operator PSE announced a $15.4 billion (64 billion zlotys) investment plan spanning 2025 to 2034. The plan includes: Renewable Energy Focus: PSE’s infrastructure upgrades will enable the delivery...
Fervo Energy, a pioneer in next-generation geothermal energy, announced $255 million in new funding to accelerate the deployment of its enhanced geothermal systems (EGS) projects. The funding includes $135 million...
Financial Close for Empire Wind 1 Equinor has secured over $3 billion in project financing for Empire Wind 1, with financial close reached in December 2024. The project’s total capital...