investment

Over the past week, the UK government stepped up its nuclear agenda, doling out a £33.6 million grant under its Future Nuclear Enabling Fund to support GE Hitachi Nuclear Energy (GEH)’s BWRX-300 while also announcing a substantial £1.3 billion investment in the proposed 3.2-GW Sizewell C nuclear project. The developments, aimed at potentially tripling the […]

Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), the policy organization of the nuclear technologies industry, suggested a bipartisan majority in Congress recognizes the importance of nuclear energy and has supported the industry with unprecedented levels of funding. As an example, Korsnick pointed to the Bipartisan Infrastructure Law, which provided a $6 […]

Just because something hasn’t failed doesn’t mean it won’t—especially when an “old dog” of a plant is taught new tricks. Two women wearing personal protective equipment waited impatiently in the

The Inflation Reduction Act (IRA) has spurred investment in carbon capture and sequestration (CCS), a key tool for decarbonization, by significantly increasing the tax credit for permanently sequestering carbon dioxide. However, many states lack comprehensive laws necessary for CCS projects to attract investment. That includes Texas, a global energy capital that boasts high storage potential. Regulatory […]

South Africa is in the midst of an energy crisis characterized by electricity shortages, blackouts, and lack of new infrastructure investment. Eskom, the state-owned utility supplying more than 90% of the nation’s electricity, has suffered from operational failures, maintenance issues, and breakdowns at aging, poorly maintained power stations, leading to steady declines in the energy […]

Over the past few years, climate change coupled with the Biden administration’s push for clean energy alternatives has spurred innovation in the power grid. One growing trend among developers, planners and forward-looking utilities centers on repurposing former brownfields and superfund sites into facilities that produce renewable energy alternatives such as wind and solar energy. The […]

While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant. The analysis from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]

SOUTH BEND, Ind. (Feb. 18, 2022) — Inovateus Solar, a privately held solar project developer and Engineering, Procurement & Construction (EPC) firm for commercial, municipal, and utility scale solar power projects, has announced a material investment by Galway Sustainable Capital (Galway). Galway’s investment will enhance Inovateus’ development resources, construction capabilities and project financing capacity. This […]