It requires a pretty deep dig to find any green bits in the budget: some extra cash for offshore wind in the CfD auction. Nothing on home insulation, nothing on VAT for public EV charging, nothing on the Carbon Border Mechanism. A nothing budget. COMPANY NEWS bp allies with thin-film solar supplier SolivusSolivus, a pioneering … Read More
COMPANY NEWS Brookfield raises $10B for latest energy transition fundBrookfield Asset Management announced this week it had secured $10 billion for its latest energy transition fund in its first close. The firm said it will continue to raise money for the fund until Q3 of this year.The clean energy investor — which has over $850 … Read More
COMPANY NEWS E.ON issues €1.5bn green bond packageE.ON has not disclosed how oversubscribed the bonds were, but chief financial officer Marc Spieker said there was “high demand from investors”.Proceeds from the bonds will be used to support E.ON’s energy transition plans for 2024. The company’s Green Bond Framework outlines projects eligible for support from the … Read More
I suppose that any revolution has its casualties, but it is still sad to see electric van pioneer Arrival join BritishVolt in the intensive care ward. COMPANY NEWS Equinor and Hitachi Energy formalise collaborationEnergy company Equinor and technology company Hitachi Energy have signed a strategic collaboration agreement. It includes developing standardised base designs for transmission … Read More
Glad to see the post about the boom in renewables, below. I hope that the UK will join in, although messages are mixed currently. A good example being that we criticise the President of DR Congo for issuing licenses to drill for oil in peatlands and then issue plenty of our own in the North … Read More
Dawn of a glorious new era for clean energy in the UK, or the start of more challenging times? We shall find out soon enough COMPANY NEWS SSE Renewables pays Siemens-Gamesa £528m for 3.8GW of windFast-growing SSE Renewables has completed the purchase of Siemens Gamesa’s 3.8GW portfolio of wind projects across southern Europe.The clean power … Read More
Pleasing to see three corporate heavyweights stirring themselves on Climate Change. Company news World’s biggest fund manager vows to divest from thermal coal BlackRock, the world’s largest fund manager, has announced it will put sustainability at the heart of its investment decisions. In his annual letter to chief executives, the BlackRock boss, Larry Fink, writes … Read More
