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Australia invests A$329 million to transform Blue Economy

The Australian government announced launch of the largest ever Cooperative Research Centre (CRC) to drive an evolution in marine-based industries, unlocking economic, environmental and technological benefits for a Blue Economy. 

Ocean energy requires EU support, report says

The report ‘Powering Homes Today, Powering Nations Tomorrow’, was launched by ETIP Ocean and analyses the challenges faced by the sector on the route to industrial roll-out and proposes four actions to overcome them. The ocean energy industry forecasts that 100GW of wave and tidal energy capacity can be deployed in Europe by 2050, meeting 10% of Europe’s current electricity needs.

New project eyes creation of a gigawatt electrolysis plant

A consortium of Dutch companies, universities and knowledge institutions have teamed up on the ‘Gigawatt Electrolysis Factory’ project, recently kicked-off at the Institute for Sustainable Process Technology, aiming to investigate what it takes to build a gigawatt-sized electrolysis plant in the Netherlands around 2025-2030. 

CPPIB issues first Euro Green Bond to invest in renewables

Canada Pension Plan Investment Board (CPPIB) issued its first Euro-denominated Green Bond. The sale of €1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables. Among the Green Bond-eligible investments recently made by CPPIB is a joint venture in renewable power and offshore wind assets.

5 energy trends that will run the world in 2019

As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. In this regard, Finnish technology group Wartsila presented some of the trends awaited in 2019 and significantly impacting the energy transition.

Europe’s Green Issuers launch ‘The Forum’ on sustainable finance

The Autonomous Operator of Parisian Transports published a press release according to which sixteen among Europe’s major companies initiate to push forward the development of sustainable finance, setting up the Corporate Forum on Sustainable Finance, ‘The Forum’. It is designed as a permanent network based on exchanging ideas and views and unites crucial ‘Green Issuers’.

CMA CGM supports the development of Agricool based on container recycling

The CMA CGM Group, a worldwide leading shipping group, has decided to support the financial and industrial development of Agricool, specializing in urban agriculture, based on recycled containers, in order to enable it to launch its industrialization phase. Several containers are currently being tested. The Group is now the main supplier of containers and the primary logistics and supply partner of this young company.

IRENA: Renewable Energy to have future geopolitical effects

IRENA, the Assembly of the International Renewable Energy Agency, launched ‘A new World’ report, according to which, the Global Commission on the Geopolitics of Energy Transformation supports that the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accompanied the alter from biomass to fossil fuels two centuries ago. These include changes in the position of states, the importance of new leaders, more energy actors, alter in trade relations and the emergence of new alliances.

EIB launches energy lending policy in support of EU’s targets

The European Investment Bank (EIB) launched a new public consultation on energy financing to better reflect energy industry trends and to enhance its support for the European Union’s 2030 energy and climate targets. The next three months, EIB will engage with stakeholders, including shareholders, industry associations, civil society and the private sector to develop a new energy lending policy that supports EU targets.

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