Tag: Funding

Energy Storage Sector Sees 117% Surge in Corporate Funding in First Half of 2024

Global corporate funding in the energy storage sector surged by 117% year-on-year in the first half of 2024, reaching...

Catalyze Partners with GreenSpark Solar for 60 MW Community Solar Portfolio in New York

US clean energy transition firm Catalyze announced on Wednesday its selection of GreenSpark Solar as the engineering, procurement, and...

Shell Advances 100MW Electrolyser Project in Germany

Shell has made a final investment decision to proceed with a 100MW proton-exchange membrane (PEM) hydrogen electrolyser project in...

Balance Power Secures GBP 5.1 Million Debt Facility for Energy Projects

UK independent energy developer Balance Power has secured a GBP 5.1 million (USD 6.59 million/EUR 6.05 million) debt facility...

Aypa Power Secures $650 Million Credit Facility to Expand Renewable Energy and Storage Projects

Aypa Power, a renewables and energy storage firm supported by Blackstone, has finalized a $650 million corporate credit facility...

UK Government’s Zero-Carbon Power Pledge Faces Significant Shortfall by 2030

The UK Government's ambitious goal to achieve a zero-carbon power system by 2030 is expected to fall significantly short,...

ADB and KEGOC Sign $123 Million Agreement to Upgrade Kazakhstan’s Power Grid

The Asian Development Bank (ADB) and the Kazakhstan Electricity Grid Operating Company (KEGOC) have signed a financing agreement worth...

LEAG Secures EUR 45 Million EU Funding for Hydrogen Production Complex

Energy company LEAG has obtained approximately EUR 45 million (USD 49 million) in European Union funding to advance a...

Spain to Launch EUR 2.3 Billion in Subsidy Programs for Renewable Energy Transition

Spanish Prime Minister Pedro Sanchez announced on Wednesday a series of four new subsidy programs totaling more than EUR...

AES and TotalEnergies Secure Conditional Loan Guarantee for Puerto Rico Solar and Storage Project

A joint venture between AES Corp and TotalEnergies has received a conditional commitment from the US Department of Energy (DOE)...

Kitemill Secures Multi-Million Euro Grant to Advance Airborne Wind Technology

Airborne wind energy developer Kitemill has been awarded a €2.5 million grant from the European Innovation Council (EIC) to...

Jasper Wind Secures EUR 63 Million for Wind Farm Projects in Greece

Greek renewable independent power producer (IPP) Jasper Wind SA has secured EUR 63 million (USD 68.9 million) in debt...