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EIB and EU Commission combine finance mechanisms on smart transportation

The EIB and EU have agreed to combine long-term financing and short-term grants to improve the funding of green infrastructure.

BW Group signs deal to fund 3GWh of energy storage projects in the UK

A joint venture between battery storage projects developer Penso Power and maritime company BW Group will build 3GWh of energy storage capacity in the next three to five years in the UK.

Chile: Iberdrola-led consortium bids for $2.5 billion power line project

Iberdrola, Celeo and the Dutch pension fund APG have filed a proposal to build and operate Chile’s first long-distance HVDC power line.

Energy giants launch world’s largest clean hydrogen infrastructure fund

TotalEnergies and Air Liquide have partnered with VINCI to launch what they are calling the world's largest clean hydrogen infrastructure fund.

IEA, Italy and the UN to fund digital-enabled flexible energy system trials

IEA, Italy, and the UN are seeking projects that can demonstrate how digital tech can optimise demand-side management for grid resilience.

Enel enables Italian citizens to crowdfund the energy transition

Enel Green Power has launched a new tool that enables citizens to fund the deployment of renewable energy as a climate mitigation strategy.

UK prioritises energy security in Net Zero Strategy

Prime Minister Boris Johnson has unveiled the UKs Net Zero Strategy, which aims for greater energy security by producing homegrown clean electricity.

National accreditation board approves Tata Power’s smart meter testing lab

A new certification granted to Tata Power for the utility's Smart Meter Testing and Calibration Laboratory is expected to help increase rollout of advanced meters in India.

Saudi Arabia: A renewable energy powerhouse in the making

Demographic and economic growth are driving significant increases in energy demand positioning Saudi Arabia as the 11th largest annual electricity producer with the 3rd largest production-per-capita ranking among the top 20 producers in the world.

‘More jobs will be created by the energy transition than lost’ –IRENA

IRENA has said that the global economy will create more green jobs than lost during the pandemic by accelerating investments in renewable energy to meet targets set under the Paris Agreements.

Safaricom wants to install smart meters for Kenya Power

Safaricom filed a proposal with Kenya Power to install smart meters to reduce non-revenue electricity and enhance grid monitoring.

Tennet secures funding to expand Dutch transmission corridor

Tennet has secured a €250 million loan from the EIB to expand the energy transmission network in the Netherlands.