Element Resources Renewable Hydrogen Production Facilities in City of Lancaster

Element Resources to build green hydrogen plant in Lancaster, California

Element Resources announced its plans to build and operate a major renewable hydrogen production facility in the City of Lancaster, California. The green hydrogen production project,...
Dollar in Green Business

Hecate Energy closes five-year $550 mn credit facility package

Hecate Energy has closed a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit...
RWE energy business

RWE expects net income of €3.2 bn for fiscal 2022

Renewable energy major RWE said it expects to close fiscal 2022 with a net income of €3.2 billion, according to preliminary figures. This is due to...
Dollar in Green Business

SolarEdge starts shipping battery cells for stationary Energy Storage

SolarEdge Technologies announced that its Energy Storage division has begun shipping new battery cells designed for stationary Energy Storage applications. The Nickel Manganese Cobalt (NMC)...
Masdar-Angola Signing

Masdar signs 5GW renewable energy projects

Masdar has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries --Angola, Uganda and Zambia -- to develop renewable energy projects with a combined capacity...
RWE energy business

EU Innovation Fund grants €108 mn to RWE’s waste-to-hydrogen project FUREC

RWE’s FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108 million...
Renewable energy in Cambodia

US plans $50 mn Clean Energy to Communities program

The U.S. Department of Energy (DOE) announced its Clean Energy to Communities program offering up to $50 million to communities to transition to clean energy...
GE Power China

GE and IHI to develop gas turbines operating on ammonia

General Electric’s turbine manufacturing unit has tied up with Japan’s IHI Corp to develop gas turbines operating on ammonia to reduce carbon dioxide emissions. GE and IHI...
Duke Energy Renewables

Budget recommendations for India’s renewable energy sector

India’s renewable energy sector offers significant investment opportunities for global and domestic investors, according to a new joint report by the Institute for Energy Economics and...
Funding for energy storage cos

Funding for energy storage surges 55% to $26.4 bn

Corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 increased...

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