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At the 2023 United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, last December, 25 countries underlined the role of nuclear energy in their climate strategies by issuing a The post Financing the Nuclear Renaissance appeared first on POWER Magazine.
Clean Energy Fuels Corp. Besides repaying existing loans, the financing from Stonepeak will provide […] The post Clean Energy Fuels Receives Financing for RNG Infrastructure Expansion appeared first on NGT News.
Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine.
A federal judge has blocked an Environmental Protection Agency order for the cancelation of some $20 billion in federal funding for energy transition-related projects. Access for the beneficiaries of that funding has also been blocked by the ruling.
The SHINES project, or Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty, is underway, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany.
a distributed energy resources (DER) planning and operation software company, has raised $12 million in Series A financing to increase the company’s Net-Zero DER and ultra-fast electric vehicle (EV) charging platform deployments. Anzu Partners led the round, with additional financing from TravelCenters of America Inc. (TA),
The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. The post Highland Electric Secures Financing to Expand Electric Bus Solutions appeared first on NGT News. Highland says it reduces the complexity of going electric by providing customers […].
billion worth of investment deals most of these with Chinese firms in its energy and minerals sectors at the end of the Invest in Ethiopia High-Level Business Forum 2025, the Ministry of Finance of the East African country said in a statement. Ethiopia secured more than $1.6
Site selection, permitting, financing, and associated infrastructure to support moving field gas to your site; essentially 7-10 years worth of work and trouble before you ever make a dime. Suppose you wanted to get into the LNG business in the U.S. to take advantage of the global low-cost of supply advantage held by America.
Malcy talks to Robert Bose from Sintana Energy, a public oil and natural gas exploration company listed on the Toronto Venture Exchange. The post Core Finance CEO Interview: Robert Bose of Sintana Energy appeared first on Malcy's Blog.
trillion Russian rubles) for 2025, according to the finance ministrys latest update. Russia expects 24% lower revenues from oil and gas this year compared to earlier estimates, following the oil price crash that began in early April and sank the price of its flagship Urals crude close to the $50 per barrel mark. billion (8.32 billion (10.9
In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small […] The post Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion appeared first on POWER Magazine.
Speaking at the 5th annual India Coal Conference in New Delhi, FutureCoal CEO Michelle Manook said, “Government and finance policies, which embrace a ‘cancel coal’ mantra, are short-sighted and undermine […] The post FutureCoal CEO Suggests ‘Cancel Coal’ Mantra Is Short-Sighted, Abated Coal Solutions Must Be Part of Energy Transition appeared (..)
Pharos Energy is an independent energy company with a focus on delivering long-term sustainable value for all stakeholders through regular cash returns and organic growth. The post Core Finance CEO Interview: Katherine Roe of Pharos Energy appeared first on Malcy's Blog.
Azerbaijan, Kazakhstan and Uzbekistan have taken a significant step to line up financing for an ambitious plan to export renewable-energy-produced electricity to Europe, signing a memorandum of understanding with the Asian Development Bank and Asian Infrastructure Investment Bank.
Officials in India said that country’s energy transition plan will focus on developing small modular nuclear reactors (SMRs), pumped energy storage projects, and more efficient coal-fired power plants.
Clearway Energy Group on July 8 said it has closed financing and begun a repowering project for the California-based company’s Cedro Hill wind farm in Webb County, Texas. Clearway said […] The post Clearway Begins Repowering of Texas Wind Farm appeared first on POWER Magazine.
has made two leadership changes to advance the company’s commercial and energy efforts. Pablo Koziner, currently president of energy and commercial, is the new president of commercial. Carey Mendes, currently global head of energyfinance, has become president of energy. Nikola Corp. and […].
Clean Energy Fuels Corp. and bp’s renewable natural gas (RNG) joint venture will build on previously announced plans to finance and develop new projects at dairy farms, starting in the Midwest. The post Clean Energy, bp Expand Joint Venture to Develop New RNG Projects appeared first on NGT News.
The sanctions also prohibit EU countries from providing technical support, brokerage services, and financing for transshipment operations. Similar to previous sanctions, the import ban is intended to disrupt Putins ability to continue financing his war in Ukraine.
California-based Clearway Energy Group said it has closed financing and started construction of standalone solar and energy storage projects in Hopkins County, Texas. The company on October 2 said the […] The post Clearway Starts Construction on Texas Solar and Storage Projects appeared first on POWER Magazine.
ChargePoint, an electric vehicle (EV) charging network, has closed $127 million in incremental equity financing. The post ChargePoint Closes on Equity Financing appeared first on NGT News.
Volta, a company that specializes in commerce-centric electric vehicle (EV) charging networks, says it has received oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.
a Los Angeles-based manufacturer of fully electric commercial vehicles, has entered a partnership with DLL to provide financing for electric vehicles. DLL, a global asset finance partner focused on enabling businesses to more easily access equipment to help them grow, is a wholly-owned subsidiary of Rabobank Group. Xos Trucks Inc.,
The World Bank's Regional Emergency Solar Intervention Project is financing a tender for solar energy and energy storage projects in Togo. TheWorldBank'sRegionalEmergencySolarInterventionProjectisfinancingatenderforsolarenergyandenergystorageprojectsinTogo.TheWorldBank'sRegionalEmergencyS.
I have spent years in law firms and in-house legal departments counseling clients in the energy sector with respect to their contracts and the related process they utilize in papering […] The post Papering Energy: Do Your Contracts Have the Right Power? appeared first on POWER Magazine.
The interim CEO of Texas-based NRG Energy Inc. said the company plans to apply for up to $900 million in loans from the state in order to finance construction of […] The post NRG Will Seek $900 Million in Loans to Build New Gas-Fired Power Plants appeared first on POWER Magazine.
India has been investing heavily in the development of its renewable energy sector in recent years to support a green transition. While the government has repeatedly called on the international community to support its transition with funding to little avail, the state has financed a wide range of renewable energy and clean tech projects.
More and more businesses are looking to use renewable energy as they set decarbonization goals, with public companies often pushed by shareholders to adopt environmental, social, and governance (ESG) initiatives. […] The post The POWER Interview: Tech-Enabled Financing Supports Solar Sector appeared first on POWER Magazine.
Duke Energy, a U.S.-based based energy holding company, says it is helping large businesses and municipalities with planning, financing, acquisition and deployment services to electrify their fleets. The post Duke Energy Forms eTransEnergy to Assist Business, Municipality Electrification appeared first on NGT News.
India receives $386 billion in investment and financing as manufacturers commit to adding 340GW of PV module capacity and 240GW of cell capacity to meet 500GW clean energy target by 2030 Indiahassucceededinsecuring$386billionfrombanksandfinancialinstitutionstomeetits500GWcleanenergytargetby2030,saidIndia'sMinisterofRenewableEnergy,Pral.
Clean energy is accelerating, and the Inflation Reduction Act (IRA) is a major driver. It introduced the largest package of federal clean energy tax incentives in U.S. history, with significant […] The post Making Clean Energy Credits Count: What the IRA Means for Your Bottom Line appeared first on POWER Magazine.
Thailand is the latest Asian economy looking to import higher volumes of American energy as a way to convince the U.S. LNG imports over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday. Administration not to slap high tariffs on Thai goods sold in the United States. Thailand plans to raise its U.S.
Spain's photovoltaic installations will slow down in 2024, and financing problems need to be solved Spain’snewinstalledPVcapacitythisyearlookssettofallshortoftherecord5.8GWsetin2023,SpanishPVassociationUnefsaidonWednesday.JoseDonoso,directorgeneralof.
–(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc.
In their quest for sustainable advancement, developing countries in Africa are struggling to switch from traditional dirty energy sources to cleaner alternatives without climate finance from abroad. In this blog, Kennedy Nyavaya looks at how a.
billion in financing CopiaPower,arenewableenergydeveloperownedbyinvestorCarlylePortfolio,hascloseda$1.71billiondebtfinancingarrangementtofullyfundtheconstructionofitsMaric. Allocated storage of 2,200 MWhLarge-scale U.S. solar storage project receives $1.71
Planning, building, operating, or overhauling power plants has long been an emphasis in the power sector—and an important one, given that the creation of new power capacity plays an outsized role in The post Decommissioning Dilemmas: Navigating the End-of-Life Challenges in Clean Energy Sources appeared first on POWER Magazine.
Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied […] The post Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects appeared first on POWER Magazine.
Department of Energy (DOE), through its Loan Programs Office (LPO), has closed a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee and Michigan.
SWTCH Energy Inc. has closed $13 million in new financing to expand its electric vehicle (EV) charging solutions to multi-family buildings across North America, with an emphasis on serving the transition to electrified transportation for market-rate and low-to-moderate income (LMI) communities.
NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a […] The post NRG Energy Replaces CEO in Activist Investor–Influenced Shuffle appeared first on POWER Magazine.
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