funding
Finance & Investment
UKRI announces funding for offshore, geothermal clean energy innovation
UK Research & Innovation (UKRI) has announced early-stage investment for seventeen new projects that will boost local growth via the UKRI’s Strength in Places Fund.
Storage
UK cryogenic storage facility granted £10 million in UK government funding
UK energy storage innovation firm Highview Power, has been awarded a £10 million grant from the UK Department for Business, Energy & Industrial Strategy for a 50MW cryogenic energy storage facility, just outside of Manchester.
Policy & Regulation
US DOE to invest $20 million in offshore wind technology demos
The US Department of Energy (DOE) has announced a $20 million funding opportunity announcement (FOA) in offshore wind energy resource characterisation and technology demonstrations.
Renewable Energy
US DOE announces $22 million in marine energy funding
The US DOE Water Power Technologies Office (WPTO) has announced a $22 million funding opportunity to support foundational research and development (R&D) by non-federal research institutions, and expanded testing capacity to advance the marine energy industry.
Finance & Investment
World Bank allocates $12 billion in global COVID-19 economic support
As the Coronavirus (COVID-19) reaches more than 60 countries, the World Bank Group has made available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the outbreak.
New technology
US DOE announces $100 million to fund artificial photosynthesis
The Doe to provide up to $100 million over five years for research on artificial photosynthesis for the production of fuels from sunlight.
Electric Vehicles
US DOE announces $300 million in sustainable transportation funding
The Department of Energy's investment of nearly $300m in funding for research and development of sustainable transportation resources and technologies.
Policy & Regulation
New York announces $33 billion 5-year budget to fight climate change
The New York State government has announced its 2021 financial year budget which includes a plan on how the state will finance measures to combat climate change over the next five years.
Policy & Regulation
ADB pledges to accelerate private sector funding on climate change
The ADB has pledged to increase the focus of its private sector operations on developing and ‘sometimes risker’ markets over the next five years.
Policy & Regulation
New York invests an additional $2 billion to combat climate change
The New York state government has announced an additional $2 billion in energy efficiency and building electrification programmes.
