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European Union Passes ReFuelEU: A Landmark Green Fuel Legislation

April 26, 2023: Negotiators from the European Union reached an agreement to decarbonise the aviation sector, with the goal of reducing heat-trapping emissions by increasing the scope of the region's green aviation fuel market. The deal, known as ReFuelEU, will require all flights departing from an EU airport to uplift
Policy
Admin 1 min read Apr 27, 2023

Siemens Energy Wins Billion-Euro Contract To Supply Technology For North Sea Offshore Grid Connections

20 April 2023: Siemens Energy, in collaboration with Spain’s Dragados Offshore ACS.MC has been awarded contracts with a total value of around 7 billion euros to transport wind farm power to northern Germany. Siemens Energy has announced that as part of their agreement with TenneT IPO-TTH.AS, they
Renewable Energy
Admin 1 min read Apr 27, 2023

The European Commission Proposes Energy Storage Solutions To Boost Renewable Resources

April 19, 2023, The European Commission’s Commissioner for Energy, Kadri Simson, has stressed the importance of energy storage in achieving the EU's energy transition and decarbonisation goals. During a speech to Members of the European Parliament (MEPs), Simson highlighted that storage is often overlooked in energy plans and strategies.
Policy
Renewable Energy
Admin 1 min read Apr 25, 2023

UK Explores Potential For Extracting Clean-Tech Minerals From 8 Major Sites

17 April, 2023: The British Geological Survey (BGS) has published a report for the Critical Minerals Intelligence Centre (CMIC), which identifies regions in the UK with potential for critical raw minerals. This report is a comprehensive evaluation of the geological potential for critical raw materials on a national level. This
Admin 1 min read Apr 21, 2023

Carbon Removal Gets a $1 billion Boost From JP Morgan, H&M and Other Major Tech Giants

Autodesk, H&M Group, JPMorgan Chase, and Workday have declared their participation in Frontier, an initiative aimed at advancing carbon removal. The members have pledged to buy a total of $100 million worth of high-quality carbon removal solutions over the next eight years. This commitment brings Frontier's total advance market
Carbon Markets
Admin 1 min read Apr 19, 2023

UK’s Levidian & Luxembourg’s Stugalux To Deploy Innovative Decarbonising Technology

6th April 2023, Levidian, a UK-based climate tech company, has partnered with Luxembourg-based construction firm Stugalux to deploy its decarbonisation technology in Europe for the first time. The technology involves using the company's LOOP device to break down methane into hydrogen and carbon atoms, without the need for catalysts or
Admin 1 min read Apr 19, 2023

UK’s Carbon Capture Efforts Get a Boost With BP’s Investment In Viking CCS Project.

11 April, 2023: BP has purchased a 40% share in the Viking CCS project in the UK from Harbour Energy, as the government strives to speed up the development of carbon capture and storage. The Viking initiative aims to repurpose old depleted gas fields located off the coast of the
CCUS
Admin 1 min read Apr 13, 2023
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Top Stories

Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report
2 min read Nov 24, 2023

Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

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Hyundai Forges Strategic Partnership to Pave Way for Hydrogen Mobility Ecosystem in Saudi Arabia

Climate Tech Investments See 40% Dip, But With a Steady Influx of First-Time Investors, Sector Remains Attractive
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Climate Tech Investments See 40% Dip, But With a Steady Influx of First-Time Investors, Sector Remains Attractive

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