Battery storage projects to receive £200m investment

Infrastructure fund managers, DIF Capital Partners, will invest £200 million into battery energy storage projects

‘Low carbon investments to rise by $60bn this year’

This will take the figure to $620bn, a report has found

EU and Egypt commit to step up co-operation on renewable hydrogen at COP27

They view renewable hydrogen as a ‘key contributor’ to reducing emissions and ensuring energy security

GFANZ launches voluntary guidelines for financial groups in net zero drive

Its report found a seven-fold increase is required for clean energy investments in emerging and developing economies for the world to be on track to reach net zero by 2050

New York seeks 2GW or more of large-scale renewable energy projects

The projects will have the capacity to power at least 600,000 homes and are expected to create more than 2,000 green jobs

UK consults on climate requirements for Local Government Pension Scheme

LGPS authorities would need to report annually on how well their assets are aligned with the Paris climate agreement

Copenhagen Infrastructure Partners close €3bn green hydrogen fund

It will invest in next-generation renewable energy infrastructure, including industrial scale power-to-x projects

University Pension Plan Ontario unveils roadmap to net zero emissions by 2040

Its Climate Action Plan focuses on reducing greenhouse gas emissions by 16.5% by 2025 and 60% by 2030

Italy’s €1.2bn scheme to support solar investments in agriculture granted EU approval

The scheme, which will run until 30th June 2026, will back agricultural, breeding and agro-industrial companies to invest in the use of renewable energy

University battery spinout About:Energy secured backing in latest funding round

The start-up founded from battery research at Imperial College London and the University of Birmingham will use the six-figure investments to drive the development of its proprietary software and database