COP27: EU and Egypt sign agreement on renewable hydrogen

The MoU will serve as a framework to support the development of a renewable hydrogen industry and trade across the EU and Egypt, including infrastructure and financing

EBRD invests €50m in Turkish low carbon infrastructure

The financing will be received by a leasing company to invest in green projects

‘Unprecedented’ €1bn financing secured for 2.6GW of renewable energy projects

It will consist of more than 50 projects of predominantly solar and onshore wind farms in Spain and Portugal

Bill Gates-led fund invests in automated solar deployment platform

Terabase has raised $44m in its latest funding round for its digital platform that manages the full project lifecycle of utility-scale solar, helping reduce cost and increase the scalability of plants

New coalition announced to support sustainable blue economy financing

The global practitioner’s guide aims to provide market participants with clear criteria, practices and examples of blue bond lending and issuances

Electric Hydrogen secures $198m for fossil-free production

The investment will support the start-up in scaling its electrolyser technology and the manufacturing and deployment of demonstration projects at a large scale for industrial customers

Taiwanese bank pledges to phase out coal by 2035

E.SUN FHC’s new policy addresses companies with more than 5% of their revenue from business activities in coal and unconventional oil and gas

HSBC banks on climate transition plan to achieve net zero goal

It will publish the plan next year, as well as report annually on its progress towards achieving its climate goals

Financial services firm CIBC commits $100m for cleantech funds

It follows the company’s pledge for net zero emissions in its operations and financing activities by 2050

Bill Gates fund leads $24m investment in Electric Hydrogen

The company, founded by a team of energy transition veterans from Tesla and First Solar, is developing large-scale hydrogen solutions to help ease global dependence on fossil fuels