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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.
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.
The Lion Electric Company, a manufacturer of all-electric medium- and heavy-duty vehicles, says it has entered into an agreement with Mitsubishi HC Capital Canada and its related company, ENGS Commercial Finance Co, to provide financing solutions to Lion school bus and truck customers in the U.S.
USA, has signed a new long-term financing partnership with Havo Inc., The partnership provides long-term financing to Havo Inc. The partnership provides long-term financing to Havo Inc. The post Ethos, Signs Financing Deal with Havo to Build Commercial Electric Vans appeared first on NGT News. Ethos Asset Management Inc.
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 […].
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. The credit agreement also provides for a two-year delayed draw term loan commitment of an additional $100 million.
Following earlier investments by SUSI Partners in the United States, its credit platform is now also expanding its reach to this market by signing a financing agreement with OBE Power, an owner and operator of electric vehicle charging infrastructure.
While the New Jersey Zero-Emission Incentive Program (NJ ZIP) provides significant reduction in upfront capital needed for businesses to purchase medium-duty EVs, Ideanomics is delivering operating expense (OPEX) finance […].
The new head of the EPA, Lee Zeldin, said in February he and his team were going to recover the gold bars that one former EPA employee was filmed as saying the agency was throwing off the Titanic, referring to climate finance to the tune of $20 billion that was being distributed
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),
and Corcentric Fleet Funding Solutions, a provider of leasing and financing solutions, has signed an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles (BEVs) and Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Nikola Corp. Corcentric will purchase vehicles and related assets (e.g.,
a division of ATEL Capital Group and a provider of venture debt and equipment financing solutions to growth-stage companies, has agreed to provide equipment financing to Harbinger, a Southern California-based manufacturer of electric trucks, to enable the company to expand its manufacturing capacity. ATEL Ventures Inc.,
Trade finance does not work as well as it could, particularly for the millions of smaller businesses that help fuel the global economy. A new joint report sets out a vision for improving the ecosystem for all players.
The post Core Finance CEO Interview: Katherine Roe of Pharos Energy appeared first on Malcy's Blog. 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.
Revolv, a full-service provider of electric commercial fleets, has raised $25 million in equity project financing to fund the deployment of U.S. fleet electrification projects.
The post Core Finance CEO Interview: Robert Bose of Sintana Energy appeared first on Malcy's Blog. Malcy talks to Robert Bose from Sintana Energy, a public oil and natural gas exploration company listed on the Toronto Venture Exchange.
The recent oil price crash will surely hit Saudi Arabias state finances going forward, but the Kingdom already booked a hefty budget deficit for the first quarter, before oil prices dropped dramatically. billion Saudi riyals), data from the Saudi Finance Ministry showed. billion (58.7
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.
Official data from Russias finance ministry is expected on May 7. Russias revenues from hydrocarbons are set to be about $11.6 billion (960 billion Russian rubles) in April, also due to lower profit-based taxes compared to the previous month, per the estimates by Reuters published on Thursday.
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.
Winners are already emerging in the race to provide banking and payments infrastructure for embedded finance, but incumbents and new entrants still have time to claim a share of this dynamic market.
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
Spain's photovoltaic installations will slow down in 2024, and financing problems need to be solved Spain’snewinstalledPVcapacitythisyearlookssettofallshortoftherecord5.8GWsetin2023,SpanishPVassociationUnefsaidonWednesday.JoseDonoso,directorgeneralof.
HydrogenXT, an innovator in hydrogen fuel production and distribution, and AI Data Centers have signed a Letter of Intent (LOI) with Carbonix to finance the first NeXTstop, in Avenal, California, strategically located halfway between San Francisco and Los Angeles.
Environmental Protection […] The post Climate United Begins Electric Drayage Truck Program to Aid Financing appeared first on NGT News. Leveraging a $6.97 billion award from the U.S.
Russia saw its budget revenues from oil and gas drop by 12% in April from a year earlier, due to the oil price rout last month, the Russian finance ministry said on Wednesday. Oil and gas revenues for the Kremlin dipped to $13.45 billion (1.09 trillion Russian rubles) in April, from $15.2 billion (1.23
billion in financing CopiaPower,arenewableenergydeveloperownedbyinvestorCarlylePortfolio,hascloseda$1.71billiondebtfinancingarrangementtofullyfundtheconstructionofitsMaric. Allocated storage of 2,200 MWhLarge-scale U.S. solar storage project receives $1.71
TORONTO – RBC says it is scrapping its sustainable finance commitment and holding back on other climate disclosures in part because of regulatory changes.
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.
Canadian Solar receives 394 million yuan in financing to develop and build a photovoltaic power station project in Italy OnJuly24,CanadianSolarInc.announcedthatitssubsidiaryRecurrentEnergyhasobtainedaloanof50millioneuros(about394millionyuan)fromtheEuropeanInvestmentBank(.
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.
business, and Skycharger, a provider of EV charging solutions, have introduced the EVerse Fully Hosted program to provide fuel retailers and fleets with new financing and service options for EV charging infrastructure. Gilbarco Veeder-Root, a Vontier Corp.
Azerbaijani leader Ilham Aliyev wants the European Union to ease regulatory hurdles and improve financing conditions to enable an expansion of natural gas exports. But recently published data raises doubts about whether Azerbaijan can meet a commitment of exporting 20 billion cubic meters (bcm) of gas annually to the EU by 2027.
The rebates program reimburses some of the project costs of buying and installing Level 2 […] The post Oregon Rebate Program Finances About 370 New EV Charging Ports appeared first on NGT News.
Russian revenues from oil and gas plunged by 17% in March from a year earlier, according to data from Russias finance ministry. Oil and gas revenues for the Kremlin fell to $13.1 billion (1.1 trillion Russian rubles) last month, while revenues for the first quarter dipped by nearly 10% on the year to $31.4 billion (2.64
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. The interim CEO of Texas-based NRG Energy Inc.
The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, has secured the first tranche of external financing for the project. the company in charge of the construction and future operation of the project, said that it had closed the first tranche of external financing.
Electric heavy-duty truck developer Windrose Technology has completed the second phase of its Series B financing, raising the total funding for this round to $110 million.
Funded through the Inflation Reduction Act under President Biden’s Investing in America Agenda, EPA will award competitive grants for projects that will reduce climate and air pollution […] The post US EPA Launches Grant Program to Finance Transition to Clean HD Vehicles appeared first on NGT News.
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.
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