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Vestas Ventures Makes First Investment With Wooden Tower Stake

GreenTechMedia

Wind turbine market leader Vestas has revealed the first investment made by its venture fund with a stake in Swedish wooden wind tower start-up Modvion. If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative.

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Smart Energy Finances: Shell’s EV network acquisition and energy investment megatrends

Smart Energy International

This M&A announcement came in as Investcorp, partnering with IMB Business School, announced the results of its latest survey concerning top investment trends. The survey found the energy sector to be a dominant area for investment, specifically energy security, renewables and EVS/batteries.

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Smart Energy Finances: EIB investment survey and COP27 finance highlights

Smart Energy International

The past week has been a key period for investment decisions, pleas and pledges within the financial community. At the same time, the European Investment Bank (EIB) released its 7th annual investment survey, breaking down how firms have been faring in the energy space in the midst of the continuing effects of the war in Ukraine.

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Deploying bioenergy with CCS could save UK £4.5bn, Drax claims

Business Green

Deploying carbon capture technologies at Drax's biomass power plant in North Yorkshire could save the UK energy system more than £4.5bn in decarbonisation costs over the coming decade, a new report commissioned by the energy firm today claims.

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UN: Investment in battling climate change at risk of decline

Business Green

UN Conference on Trade and Development fears that slowdown in foreign investment could impact flows of climate-related finance. Investment in projects that tackle climate change is expected to decline in 2022 as global foreign direct investment flows drop, according to a report published by the UN Conference on Trade and Development.

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Could trash-to-energy technology feed hydrogen demand?

GreenBiz

Early pioneers of these hydrogen-from-waste technologies such as Ways2H, SGH2 Energy (SGH2) and Standard Hydrogen say not only are they making carbon-free, energy-rich fuel, their approaches also will divert mountains of trash from landfills and waterways, cutting greenhouse gas emissions. . There are other ways to make hydrogen.

Demand 508
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Funding boost for Storegga's vision of world-leading CCS on UK shores

Business Green

The UK firm yesterday announced new investments from GIC, Mitsui and Macquarie. The new funding - the precise amount of which was not disclosed - will support the development of Storegga's Acorn Carbon Capture and Storage (CCS) and Hydrogen Project at St. Fergus, north-east Scotland, the British firm said.