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German cabinet approves 58 bln euro green investment plan for 2024

Germany's cabinet on Wednesday agreed to earmark 57.6 billion euros ($63.2 billion) for green investments next year, up 60.2% from a 2023 target, the Finance Ministry said, as Berlin ramps up subsidies to help the country become net zero by 2045.

read more... 10/08/2023

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EU greenlights France’s €1.5bn aid to support innovative EV batteries

The European Commission has given the green light for France to provide €1.5 billion (£1.3bn) of state aid to support research and development of innovative batteries for electric vehicles (EVs).

read more... 09/08/2023

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UK hosts £100bn energy investment summit

Top executives from the UK’s energy sector will come together at 10 Downing Street later today to discuss ambitious investment plans worth £100 billion.

read more... 02/08/2023

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Capital Energy to sell $1 billion renewable energy portfolio

Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.

read more... 31/07/2023

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Global standards launched to grow $2 billion voluntary carbon market

A global initiative to grow the $2 billion market for carbon offsets outlined criteria for new voluntary standards on Thursday, and said it aims to issue labelled credits by the year-end to make the unregulated marketplace more transparent.

read more... 28/07/2023

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