45 million in UK to be plunged into fuel poverty in winter
An estimated 45 million people in the UK will be forced into fuel poverty and struggle to pay energy bills this winter, new research has found.
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Ford issues $1.75bn green bond for EV development
Ford motor company’s (NYSE:F) latest $1.75 billion green bond issue is intended to accelerate its electric vehicle production plans, and coincides with the signing of the Inflation Reduction Act into law, which provides $7,500 credit for EVs made in the USA.
A fossil fuel investment resurgence amidst Europe’s energy crisis?
With conflict in Ukraine and sanctions on Russia continuing to exacerbate supply issues, rising energy prices are fuelling new opportunities for private equity in the European oil and gas industry.
Winlaton first to integrate hydrogen into public natural gas network
Winlaton, a village near Gateshead, has become the first community in the UK to receive hydrogen blended with natural gas via the public natural gas network.
E.ON backed climate tech fund to accelerate net zero economy
E.ON’s venture capital platform, Future Energy Ventures, has established a new, independent Luxembourg-domiciled venture capital fund, Future Energy Ventures GmbH (FEV).
Wells Fargo targets inclusion and climate issues in $2 billion bond issue
Wells Fargo (NYSE:WSC) has issued its second sustainable bond, raising $2 billion to fund projects in housing, renewables and clean transport.
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Innovative wave energy array to be trialled off Orkney
A trailblazing multi-megawatt wave energy array is to be trialled in the North Sea, off the coast of Orkney.
TotalEnergies and Japan’s ENEOS seal solar power merger deal in Asia
France’s TotalEnergies and Japanese energy group ENEOS have received final merger clearance and have completed a joint venture agreement to develop 2 GW of onsite business-to-business (B2B) solar projects across Asia over the next five years.
K2 Management picked to advise on Inch Cape offshore wind farm
Renewable energy consultancy K2 Management has been picked to advise developes of the Inch Cape offshore wind farm.
Political will and Europe’s energy security challenge
European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.