Tag: Funding

Brookfield to Acquire Majority Stake in India’s Leap Green Energy for Up to USD 550 Million

Canadian asset manager Brookfield Asset Management Ltd has announced definitive agreements to secure a majority controlling stake in Indian...

UK Urged to Boost Offshore Wind Auction Budget Amid Capacity Shortfall

Immediate intervention is crucial to meet the UK's offshore wind targets, with an upcoming auction expected to deliver only...

Spain Approves €794 Million Subsidies for Green Hydrogen Projects

The Spanish government has greenlit subsidies amounting to nearly 800 million euros ($865.52 million) for significant green hydrogen initiatives,...

European Hydrogen Associations Urge EU to Prioritize EU-Made Electrolysers in Hydrogen Bank Projects

Hydrogen associations from several European countries have collectively appealed to the European Commission, urging alignment of the Hydrogen Bank's...

Spain Approves EUR 794 Million in State Aid for Green Hydrogen Projects

The Spanish government has authorized the allocation of EUR 794 million (USD 859.5m) in state aid to facilitate the...

Azerbaijan Shifts Strategy for COP29 Climate Summit, Scraps Fossil Fuel Levy Proposal

Azerbaijan, set to host this year's U.N. COP29 climate summit, has altered its approach, abandoning earlier plans to propose...

NextEnergy Capital’s NPUK ESG Exceeds Fundraising Target, Secures GBP 653 Million

NextEnergy Capital's NPUK ESG, a UK-based solar fund focusing on subsidy-free projects, has surpassed its fundraising target, securing GBP...

US DOE Allocates Up to USD 100 Million for Long-Duration Energy Storage Projects

The US Department of Energy (DOE) has announced plans to allocate up to USD 100 million (EUR 92.4 million)...

RenewableUK Urges Labour to Prioritize Clean Energy Agenda Following Election Victory

RenewableUK has emphasized the significance of Labour’s electoral mandate in advancing the clean energy agenda, urging the party to...

Indonesian Rooftop Solar Firm Xurya Raises USD 55 Million in Funding Round

Indonesian rooftop solar installer Xurya has secured USD 55 million (EUR 50.9 million) in its latest funding round, led...

UNITe Group Secures EUR 27 Million Financing for 29-MW Solar Park in France

French renewable electricity producer UNITe Group has finalized debt financing amounting to EUR 27 million (USD 29.1 million) for...

Akuo Launches EUR 1 Million Crowdfunding Campaign for Greek Solar Complex

French renewable power producer Akuo has commenced a crowdfunding campaign aimed at raising EUR 1 million (USD 1.1 million)...