Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove... Read More

Malaysia's reNIKOLA eyes $440 million spend to expand RE footprint across Southeast Asia

Malaysia's reNIKOLA Holdings is seeking to raise up to $440 million over the next three years to expand its renewable energy footprint across Southeast Asia, the company's managing... Read More

Corre Energy expands into US Market with 280MW energy storage project in Texas

Corre Energy's North American subsidiary on Tuesday announced it has entered in an exclusive agreement to acquire a 280MW/4.2GWh compressed air energy storage project from Texas-ba... Read More

Canada becomes first G20 nation to detail wind-up of fossil fuel subsidies

Canada has released an assessment framework for eliminating fossil fuel subsidies, becoming the first member of the G20 to deliver on the grouping's 2009 announcement to undertake ... Read More

Octopus Energy outlines $20 bn spend for 12 GW offshore wind capacity by 2030

Octopus Energy Generation, the power generation arm of UK-based Octopus Energy Group, said it plans to invest $20 billion in offshore wind assets by 2030. The company, which manage... Read More

Carlton Power secures permission to plan 2080MWh BESS project

UK-based independent energy development company, Carlton Power on Monday announced it has secured planning permission for a 1GW (1040MW / 2080MWh) battery energy storage scheme (BE... Read More

Daily Shorts: Indonesia rolls out red carpet for EV makers, Brazil's Eletrobras to buy 15 RE companies

Indonesia is in talks with Tesla and BYD and preparing a fresh set of incentives to attract the EV manufacturers, a government minister said. The incentives will be benchmarked aga... Read More

Ambri's liquid metal battery steps closer to commercial deployment

US-based long duration energy storage provider, Ambri signed its first agreement with utility-provider Xcel Energy – taking a step closer to the commercial deployment of ... Read More

Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh... Read More

Energy Dome secures €55 million in Series B financing round

Energy Dome, the manufacturer of novel CO2 Battery for long-duration energy storage system concluded its second tranche of Series B funding last week, bringing the total investment... Read More

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