Siemens Gamesa and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England, the British government said on Monday. Siemens Gamesa will invest a total of 186 million pounds to expand its blade manufacturing site located near Hull – Britain’s largest offshore wind manufacturing facility […]
The Scottish National Investment Bank has committed £50 million over five years to new woodland and forestry management in Scotland. As a cornerstone investor of the Gresham House Forest Growth & Sustainability Fund, the bank will use its capital to support wide-scale planting and is predicted to capture 1.2 million tonnes of CO2 over 20 […]
Investors poured more money than ever into renewable energy in the first half of the year, but the pace is far from enough to sufficiently curb increasing carbon emissions. As much as $174 billion was spent on solar, offshore wind and other green technologies and companies in the period, according to data from BloombergNEF. While […]
ERA is investing $4.7 million (€4 million) to support the development of a $28.6 million biofuel facility in Lethbridge, Alberta. The facility will eventually produce an estimated 70 million litres of high-value renewable fuel once fully operational in the autumn. The plant, which is owned by Canary Biofuels, will be the first of its kind […]