The Netherlands – HyCC and BP have signed an agreement for the further development of a 250-megawatt green hydrogen plant in the port area of Rotterdam. The final investment decision is expected next year.
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The European Bank for Reconstruction and Development (EBRD) will cease investing in upstream oil and gas projects by the end of 2022 as part of its plan to align its operations with the Paris Agreement’s climate change targets.
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Norway – Equinor and Aker BP announced intentions to develop four oil and gas discoveries totaling 14.5 billion Norwegian crowns ($1.69 billion) as part of Norway’s efforts to increase output from existing assets.
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KLP, Norway’s largest pension company, has partnered with leading international asset manager Macquarie Asset Management to finance green infrastructure projects.
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Europe has invested €43 billion in new wind farms in 2020, the second highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the coming years, 13 GW of it in the EU. But this is much less than what Europe needs to deliver its 2030 climate […]
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Spain – Iberdrola and MAPRE plan to make joint investments in renewable energies in Spain. The utility and insurance company have established a pioneering joint investment vehicle to achieve their goals, including 230 MW of green projects including wind power and solar photovoltaic ( PV). The deal is expected to add more operating assets over […]
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United Kingdom – VNG Innovation and Wintershall Dea Technology Ventures have acquired shares in the British startup HiiROC. HiiROC is creating transformational technology for low-cost, zero-emission hydrogen generation from natural gas or bio-natural gas for power generation, industry, and transport including aviation. HiiROC potential VNG Innovation sees a lot of potential at HiiROC. “We are […]
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USA/United Kingdom – ZeroAvia is launching a research program for a 2MW hydrogen-electric powertrain for full-size regional aircraft as part of their goal to provide airlines with zero-carbon, hydrogen-fueled travel.
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United Kingdom – The UK’s first ever hydrogen transport hub is one step closer to becoming a fact, with the announcement of an official “master plan” and £3 million in government funds.
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Luxembourg – The European Investment Bank (EIB) has approved €688 million to accelerate the harness of renewable energy across Europe.
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