On 15 September 2021 Poland signed its first Offshore Wind Sector Deal. This Government-industry collaboration aims to establish a leading offshore wind industry in Poland. Under the Sector Deal the industry commits to the creation of up to 60,000 direct and indirect jobs in Poland’s wind industry by 2040. The Government in turn reinforces Poland’s […]
An engineering professor will head new research into cellulosic biofuel production.Dartmouth Engineering Professor Daniel Olson will lead a team funded by a $1.2 million (€1.4 million), three-year grant from the US Department of Energy (DoE) to look into the next-generation biofuels and chemicals.The researchers’ goal is to use C. thermocellum and to better understand similar organisms and […]
Foresight Group is planning to raise £200m (€235m) on the London Stock Exchange for a new company that will invest in UK forestry assets. The infrastructure and private equity manager is proposing an initial public offering and plans to sell up to 200m new shares in Foresight Sustainable Forestry Company, a newly created investment trust […]
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 […]
The Polish Energy Regulatory Office has awarded Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, with a Contract for Difference (CfD) for its 369.5 MW B&C-Wind offshore wind farm. The project has secured the CfD at a strike price of PLN 319.60 per MWh (EUR 71.0/MWh). The offshore wind farm site is […]
APG wants to grow its investments in forestry and agricultural land from a current €1.8bn to between €3bn and €5bn in the next few years. To be able to find sufficient investments to meet this goal, the €573bn pension asset manager has doubled the size of its investment team for the asset class, according to […]
The company behind a new high-rise apartment building in Seattle hopes to prove that constructing a net-zero energy building can be faster and more affordable than traditional building. The building is going up with new technology that makes construction faster, more affordable, and far more sustainable, building technology company Sustainable Living Innovations (SLI) says. SLI is calling […]