Articles tagged with "energy-investment"
New task force of clean industry associations launches with a vision of Canada as a clean energy superpower - Clean Energy Canada
The One Canadian Clean Economy Task Force, a coalition of clean economy industry associations and organizations, has officially launched in Toronto with a vision to position Canada as a clean energy superpower. Representing sectors such as critical minerals, batteries, clean transportation, clean buildings, forest products, clean electricity, and clean technology, the task force aims to unify efforts toward building a competitive and sustainable Canadian economy. Their forthcoming action plan, due this fall, will focus on policy alignment, infrastructure development, and boosting demand and investment to support the clean economy. The task force emphasizes that as Canada’s major trade partners advance their own clean economies with net-zero commitments and carbon pricing, Canada must prioritize clean economic growth to remain competitive globally. Key voices from the task force highlight the importance of strategic actions such as workforce development, infrastructure support, and labor mobility to overcome current challenges like labor shortages in clean energy sectors. Sean DeVries of the Battery Metals Association stresses the battery industry’s potential as a cornerstone of Canada’s clean economy
clean-energybatteriesclean-technologyenergy-investmentdecarbonizationclean-economyinfrastructureFollow The Money! Savvy Investors Known Renewables Are The Future. - CleanTechnica
The article highlights the growing recognition among savvy investors that renewable energy is essential for the future, particularly in supporting the United States' economic growth and technological development. Chuka Umunna, JPMorgan’s global head of sustainable solutions, emphasized that the US will inevitably need to incorporate wind and solar energy to meet its energy demands, despite current government policies that are canceling renewable projects in favor of nuclear power. The article criticizes this government stance, pointing out the long lead times and high costs associated with nuclear plants, and the flawed utility business model that incentivizes excessive spending without necessarily benefiting consumers. JPMorgan CEO Jamie Dimon also underscored the importance of investing in sectors that enhance US economic security and resilience, such as battery storage and grid infrastructure, which are critical to supporting renewable energy. Dimon stressed the urgent need to reduce reliance on foreign sources for critical minerals and manufacturing, framing this shift as a commercial imperative rather than philanthropy. Meanwhile, major investment firms like Brookfield are demonstrating
energyrenewable-energysolar-powerwind-energybattery-storagegrid-resiliencyenergy-investmentTDK Ventures Invests In Rodatherm Energy, A Geothermal Company - CleanTechnica
TDK Ventures, Inc. has invested $38 million in Rodatherm Energy Corporation, a geothermal power-generation company focused on the Great Basin region in the Western U.S. Rodatherm is developing a novel advanced geothermal system (AGS) that differs from existing technologies by using a fully cased and pressurized design, a unique working fluid, modular wells, and a direct-drive turbine. This system aims to overcome the thermodynamic and economic limitations of current AGS approaches. The investment will support Rodatherm’s efforts to build its first commercial-scale geothermal power plant, targeted to produce 100 MW of electricity, with a pilot project expected by the end of 2026—an ambitious timeline for the geothermal sector. Geothermal energy, while less visible than solar or wind, holds significant potential to provide reliable, firm power that can complement intermittent renewables. The U.S. Geological Survey estimates that advanced geothermal technology could generate up to 520,000 MWe, enough to power every U.S
energygeothermal-energyrenewable-energyclean-energyenergy-investmentenergy-technologypower-generationFinance Commitments Under Energy Compacts Reach $1.6 Trillion - CleanTechnica
The article discusses the significant financial commitments made globally toward renewable energy and clean technologies, highlighting that the United Nations has reported $1.6 trillion pledged through its Energy Compacts initiative, with $284 billion already mobilized to boost renewable energy access and clean cooking technologies by 2030. This substantial investment reflects worldwide interest in advancing sustainable energy solutions and improving human well-being, emphasizing the potential for economic growth through manufacturing and innovation in sectors like electric vehicles, solar panels, and battery storage. However, the article critiques the United States' current political and economic stance, particularly under former President Donald Trump’s leadership, arguing that the country is not capitalizing on these opportunities. It suggests that U.S. policies, including tariffs and immigration restrictions, hinder the growth of renewable energy industries and drive business and investment toward countries like China, which are more actively embracing and benefiting from the global energy transition. The author contends that effective business leadership requires understanding and meeting customer needs rather than coercion, and expresses skepticism about
energyrenewable-energyclean-energysolar-powerwind-powerbattery-technologyenergy-investmentCapitalism at a Crossroads: Profit & Public Purpose in Clean Energy - CleanTechnica
The article discusses Brett Christophers’ analysis of the challenges facing the clean energy transition, as presented in his book. Despite renewable energy often being cheaper to produce than fossil fuels, investment levels remain insufficient to meet climate goals. Christophers attributes this to the profit-driven nature of private capital, which finds renewables less attractive due to their low marginal costs and resulting thin profit margins. In contrast, fossil fuels maintain profitability through controlled scarcity and market structures favoring incumbents. Consequently, relying solely on private investment will not accelerate the transition fast enough, and the state must play a much larger role by owning infrastructure or guaranteeing returns through subsidies and long-term contracts. Christophers argues that electricity should be treated as a public good, better managed through planned, coordinated investment rather than volatile spot markets. He calls for a significant expansion of public ownership and leadership in renewable energy, effectively socializing electrical generation to bypass profit motives that hinder progress. However, critics note that the situation is more nuanced: renewable profitability varies by
energyrenewable-energyclean-energysolar-powerwind-energyenergy-investmentenergy-policyFrom Ørsted to Ontario: How Populist Conservatives Undermine Contract Sanctity - CleanTechnica
The article highlights a troubling pattern in conservative-led jurisdictions where populist governments undermine the sanctity of contracts in the renewable energy sector, creating significant risks for investors and developers. It begins with the Trump administration’s abrupt stop-work order on Ørsted’s nearly completed Revolution Wind project, justified vaguely by “national security” concerns despite all permits being secured and billions already invested. This move, now challenged in court, signals that even fully permitted and financed projects can be halted arbitrarily under populist conservative administrations in the U.S. The article situates this case within a broader trend seen in places like Ontario, Texas, and Alberta. In Ontario, Doug Ford’s government canceled 758 renewable energy contracts in 2018, including operational wind farms, and retroactively blocked legal recourse, causing massive financial losses and sending a clear political message that contracts are not guaranteed if the government disapproves. Texas saw a legislative attempt (SB 715) to retroactively impose new requirements on existing renewable projects,
energyrenewable-energywind-powerenergy-policycontract-lawoffshore-windenergy-investmentCanada is full of would-be clean tech adopters—if only they could - Clean Energy Canada
The article from Clean Energy Canada emphasizes the crucial role households play in Canada’s transition to a net-zero, electrified future. Households directly contribute at least 17% of Canada’s climate emissions, with higher shares in provinces like Ontario. Beyond emissions, households are increasingly significant investors in clean energy technologies such as rooftop solar, electric vehicles (EVs), and heat pumps. In advanced economies, household energy investments have surged, accounting for nearly 60% of energy-investment growth since 2016. This trend underscores the potential of widespread clean technology adoption to reduce fossil fuel demand and emissions globally. Clean Energy Canada’s partnership with Abacus Data involved a survey of 3,000 residents in Canada’s largest English-speaking urban areas, revealing five distinct groups with varying interest levels in clean technologies. Overall, there is strong openness to adoption: 59% intend to buy an EV next, 56% view heat pumps positively, and 57% prioritize energy-smart homes. However, a significant gap
clean-energyclean-technologyelectric-vehiclesenergy-transitionrenewable-energyenergy-investmentclimate-changeTED leader’s $300M ‘valley of death’ fund might be just what later-stage climate tech needs
The article discusses a new $300 million fund called All Aboard, led by Chris Anderson, former head of TED Talks, designed to address the significant financing gap—often called the "valley of death" or "missing middle"—that climate tech startups face between early-stage funding and growth capital. This gap is especially wide in climate tech because many startups focus on hardware solutions that require expensive first-of-a-kind power plants or factories, often costing tens or hundreds of millions of dollars. All Aboard aims to provide equity or convertible equity investments, rather than loans or project-specific financing, to help startups secure the $100 million to $200 million rounds necessary to scale their technologies commercially. The fund brings together a coalition of prominent climate-focused venture firms, including Breakthrough Energy Ventures, Khosla Ventures, and Energy Impact Partners, among others. While participation in the fund does not require investment from these partners, their involvement is intended to create a "Sequoia-like" signal to attract additional
energyclimate-techclean-energyventure-capitalstartup-fundingclimate-technologyenergy-investment6 million UK homes to get power from $51B nuclear plant approval
The UK government has approved the $51 billion Sizewell C nuclear power plant project, marking a significant investment in the country's clean energy future. Energy Secretary Ed Miliband signed off on the deal, with the government becoming the largest shareholder at 44.9 percent, alongside partners such as France’s EDF, Centrica, and Canadian investment fund La Caisse. Sizewell C is expected to provide clean electricity to around six million homes for over 60 years, reduce carbon emissions by nine million tons annually, and generate system savings of approximately $2.7 billion per year once operational. The project aims to reduce the UK’s reliance on fossil fuels and support 10,000 direct jobs and thousands more in the supply chain, with 70 percent of construction value targeted for British businesses. The funding model for Sizewell C builds on lessons from the Hinkley Point C project, spreading costs among consumers, taxpayers, and private investors, with the government’s investment helping to limit consumer bill impacts to
energynuclear-powerclean-energyUK-governmentSizewell-Crenewable-energyenergy-investmentTexas Is Absolutely Rolling In New Solar Power Plants
The article highlights Texas's continuing leadership in solar power development despite political and legislative challenges aimed at curbing the industry. A prime example is the Ash Creek Solar project, a 408-megawatt facility located in Hill County, Texas, strategically positioned between Austin and Dallas. Initially developed by Orion Renewable Energy Group and Eolian starting in 2016, the project gained momentum after Primergy Solar acquired it in 2021. A significant factor in its advancement was a long-term power purchase agreement (PPA) with Microsoft, which committed to buying the entire output, thereby providing financial certainty and attracting investors. In March 2024, Primergy secured $588 million in financing from a consortium of global financial institutions, including major Japanese banks MUFG and SMBC, as well as European banks like BNP Paribas and Crédit Agricole. This was supplemented by an additional $350 million in tax equity financing from a Fortune 500 telecom company and Truist Bank, bringing the total investment close to $
energysolar-powerTexasrenewable-energysolar-power-plantsenergy-investmentclean-energyNew US Clean Energy Project Report: More Minus, Less Plus
The latest report from clean energy organization E2 reveals a mixed picture for US clean energy investments in May 2025. While the country saw $444 million in new clean energy investments, this positive development was overshadowed by $1.4 billion in project cancellations and downscalings, indicating a significant decline in investor confidence. This downturn is largely attributed to political factors, particularly the opposition from the current US administration and the Republican-controlled Congress, which have undermined the support and implementation of the Inflation Reduction Act (IRA)—a key legislative driver of clean energy growth passed in 2022. The IRA initially spurred $132 billion in planned clean energy investments across 42 states, with the potential to create 123,000 permanent jobs. Notably, a majority of these projects and benefits were located in Republican congressional districts, which have suffered the most from recent cancellations and delays. E2 reports that in 2025 alone, over $15.5 billion in investments and 12,000
energyclean-energyUS-energy-policyInflation-Reduction-Actrenewable-energyenergy-investmentenergy-transitionRepublicans in House Who Don't Want Clean Energy Tax Credits Cut Look to Senators to Save Them - CleanTechnica
The article discusses the political dynamics surrounding clean energy and electric vehicle tax credits established by the Inflation Reduction Act of 2022. Although these incentives disproportionately benefit districts represented by Republican lawmakers, many Republicans initially voted to cut these tax credits to align with party and oil and gas industry interests. However, 13 Republican House members from vulnerable districts, led by Rep. Jen Kiggans (R-VA), have recently expressed strong concerns about provisions that would phase down these incentives and impose strict new supply chain requirements, warning that such measures could threaten billions in investments and thousands of jobs. These lawmakers have appealed to Senate leaders, urging them to restore the tax credits in the final bill to support U.S. energy producers, manufacturers, and workers, emphasizing the need for a "pro-energy growth" approach that balances taxpayer protection with economic opportunity. Notably, while tax credits for renewables face cuts, incentives for nuclear power and biofuels remain intact, reflecting political preferences that may not align with maximizing competitiveness against
energyclean-energytax-creditsrenewable-energyInflation-Reduction-Actenergy-policyenergy-investmentSolar Power Has Surged in “Trump States” in 2020s
energysolar-powerrenewable-energyclean-energysolar-capacityenergy-policyenergy-investmentPhát triển Cơ chế hỗ trợ giá FIT cho năng lượng tái tạo Việt Nam Lịch sử thành tựu thách thức
energyrenewable-energyfeed-in-tariffsolar-powerwind-energyVietnam-energy-policyenergy-investment