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UAE's Masdar, Engie to invest $5 bil in renewables, hydrogen

The UAE's clean energy firm Masdar and France's Engie plan to invest $5 billion to develop 2 GW of renewable and hydrogen projects by 2030 as OPEC's third biggest producer seeks to implement its net zero emissions pledge by 2050.

read more... 06/12/2021

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EU backs seven decarbonization projects with Eur1 billion Innovation Fund

The EU is backing seven large-scale industrial decarbonization projects through its Innovation Fund, with over Eur1.1 billion ($1.3 billion) to support breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewables, the European Commission said in a statement Nov. 16.

read more... 17/11/2021

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Lawmakers slam EU support for fossil gas projects undermining Green Deal

Their concern came in response to the EU’s draft list of cross-border energy infrastructure – known as projects of common interest (PCI) – which the European Commission is due to present next week.

read more... 16/11/2021

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UK keen to back African clean energy projects amid $13 bil investments: official

The UK is interested in supporting green hydrogen and renewables development in Africa amid an investment pipeline of over $13 billion in clean energy, a government official said Nov. 9, as the country halts overseas assistance for fossil fuels projects in the continent.

read more... 10/11/2021

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TenneT places EUR-1bn green bond to fund new interconnecion projects

Dutch transmission grid operator (TSO) TenneT Holding BV has placed a EUR-1-billion (USD 1.16bn) senior green bond that will provide it with funds to finance transmission projects in the Netherlands and Germany.

read more... 04/11/2021

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