The European Commission (EC) has granted approval to Italy and Hungary for their respective renewable energy aid schemes, signaling a significant step in advancing clean energy…
Browsing: Finance
Petrobras, the Brazilian state energy company, has approved a Strategic Plan for 2024-2028, earmarking over $11 billion for low-carbon projects as part of its commitment to…
The Brazilian Development Bank (BNDES) has approved a BRL-157-million (USD 32m/EUR 29.4m) project finance loan for Bioo Holding SA to facilitate the establishment of a biomethane…
The European Commission has inaugurated the inaugural auction under the European Hydrogen Bank, earmarking EUR 800 million (USD 873 million) in financial backing for the production…
IDB Invest, the private sector arm of the Inter-American Development Bank (IDB), has approved a loan package of approximately USD 368 million (EUR 338.7m) for AES…
Modus Asset Management has secured €14 million in financing from SEB Bank to facilitate the expansion of its solar power plant portfolio in Lithuania. The funds…
European Energy has unveiled a groundbreaking financial initiative, the €150 million Green Portfolio-Financing Facility, in partnership with Scandinavian banks SEB and DNB. This innovative funding model…
Canada has committed to financing investment tax credits (ITCs) for carbon capture and storage (CCS) and net-zero energy technologies, as outlined in its Fall Economic Statement…
India’s Power and Renewable Energy Minister, R K Singh, called on private companies to intensify investments in new coal-fired power plants. The appeal, made during a…
European Commission has put forward a recommendation to release 5 billion euros ($5.45 billion) in advance payments to Poland under the REPowerEU program. The funds are…
France, with support from the United States, is set to propose a groundbreaking initiative at the upcoming U.N. climate conference in Dubai, aiming to halt private…
Germany has pledged a substantial investment of 4 billion euros until 2030, as announced by Chancellor Olaf Scholz on Monday. The initiative aims not only to…