Elda River joins Spearmint Energy $200m funding for BESS development
Spearmint Energy, a renewable energy company that focuses on BESS, has announced that Elda River Capital Management will join its…
14 Feb 2024
How hydrogen can decarbonise heavy transportation
Decarbonising heavy-emitting modes of transportation is a fundamental challenge in the energy transition, with hydrogen viewed as an essential fuel in achieving this with zero tailpipe emissions. Amid spiralling fuel…
17 Jan 2024
Sweden’s Northvolt secures $5bn loan for gigafactory expansion
Swedish battery manufacturer Northvolt has secured a $5bn (Skr52.31bn) non-recourse project financing deal for the expansion of the first circular gigafactory in the country. The money will be used to…
20 Nov 2023
A heat pump alternative for a quarter of UK homes
Household heating is the source of 17% of the UK’s carbon emissions. Most of the country’s homes are still heated by fossil fuel boilers, and heating is also the leading…
30 Oct 2023
European corporate PPA market scores record 7.8GW in 2023
AMSTERDAM – Companies have procured a record-breaking 7.8GW of new corporate renewable power purchase agreements (PPA) in the Europe in 2023, beating the previous 7.6GW record set in 2021 with…
25 Sep 2023
Weekly data: 70% of planned steel projects are dirty blast furnaces
Statistics around steel boggle the mind. Just under two billion tonnes of the metal are produced worldwide every year, and steel production is responsible for 7% of global emissions. It…
07 Sep 2023
Signal: UK lacking green investment needed for net-zero commitment
Private investment is crucial to the UK delivering on its commitment to reduce greenhouse gas emissions to net zero by 2050, but mixed messages are deterring investors. Renewed doubt has…