Millions of pounds of green investment at risk due to generator windfall tax, says trade body
It is feared millions of pounds worth of renewables investments are at risk as a result of the controversial electricity generator levy (EGL).
Green Energy
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The new battlefield for AI leadership: energy
The global AI market is exploding, causing a new resource to become critical: electricity. Louis-David Benyayer, scientific co-director of the MSc in Big Data and Business Analytics at ESCP Business School, explores why the battle over AI will probably also be a battle over energy, which may be even fiercer because of the current global situation.
Tepeo raises £10.5m to transform household heating
UK-based tech startup tepeo has raised $10.5 million to expand its production and marketing of an innovative zero emissions boiler.
ScarabTech raises funds to turn plastic waste into power and fuel
Waste-to-energy startup ScarabTech plans to deploy its modular units for turning plastic waste into power and fuel, having secured investment from the Global Innovation Initiative Group (GIIG) Africa fund.
Danforth attempts to improve water efficiency of bioenergy crop
Dr Ivan Baxter, principal investigator at the Donald Danforth Plant Science Center, is to lead a $16 million research programme to improve the water efficiency of sorghum, a widespread crop that has been championed as a source of sustainable bioenergy.
EDP launches new Free Electrons programme for energy startups
Applications are open for the new edition of EDP’s Free Electrons, which is intended to support the most innovative and promising proposals from startups in the energy sector.
Debt-free finance for just energy transition unveiled at COP27
A just energy transition was in focus at COP27, with nine organisations announcing $500 million in philanthropic investment and IBM (NYSE: IBM) committing $30 million worth of pro-bono services to five projects.
US to set up $27bn green bank with climate justice lens
The US Environmental Protection Agency is setting up the first US national ‘green bank’ targeting green projects to benefit low-income and disadvantaged communities.
RWE announces further push into renewables
German power giant RWE has announced a solar acquisition and further wind expansion as part of a planned €50 billion investment in renewable energy by 2030.
Alstom rolls out hydrogen train on world’s first 100% hydrogen route
Alstom’s is hailing the rollout of its first fully hydrogen powered train, as a giant step forward in green mobility. It is operating on the first 100% hydrogen fuelled route in Germany, leapfrogging delays in electrifying Europe’s railroads and will likely add fuel to the argument for hydrogen to be viewed as transition fuel.