Energy giants launch ‘world’s largest’ clean hydrogen infrastructure fund

Global energy companies TotalEnergies and Air Liquide have partnered with French construction firm VINCI and a group of international companies to launch what they are calling the world’s largest clean hydrogen infrastructure fund. The aim is to help speed up the growth of the clean hydrogen market by investing in projects across the hydrogen value […]

6 new finance solutions to drive energy transition in developing economies

The Global Innovation Lab for Climate Finance (the Lab) launched six innovative finance solutions to drive private capital towards climate action in developing economies. The six instruments seek to unlock $380 million in climate finance from commercial, concessional, and philanthropic investors for sustainable energy access, food systems, and urban infrastructure. This Lab cohort also includes […]

bp joins multi-billion-dollar hydrogen effort in UK, UAE

bp has partnered with Abu Dhabi energy firms ADNOC and Masdar to decarbonize the UK and United Arab Emirates’ energy and transportation systems. The three companies will invest in clean energy and low-carbon energy across the UK and the United Arab Emirates (UAE). Three agreements signed by the companies will enable billions of dollars to […]

Europe and North America to connect 7.9 million EV chargers by 2025

Europe and North America will increase the number of connected electric vehicle (EV) chargers by 38% between 2020 and 2025, according to a new report released by research firm Berg Insight. This means the number of connected EV chargers in Europe and North America will reach 7.9 million by 2025 from 1.6 million in 2020. […]

France to add 3.7GW of solar capacity with €5.7bn aid

France is set to expand its portfolio of renewable energy capacity with an additional 3,700MW of solar energy using €5.7 billion ($6.7 billion) in funding approved by the European Commission. The aid will help France to achieve its 2030 carbon emissions reduction target by expanding the rollout of small-scale solar energy buildings. Margrethe Vestager, European Commissioner […]