Investment
BIOPROT Pushes Innovation and Security of Supply Chain for Masks in Europe
LUT University of Finland has launched a two year project named BIOPROT. The project is a response to issues that have emerged or heightened because of the Covid-19 pandemic, such as self-sufficiency in protective gear, making sustainable protective products and…
EU Offers 3.7 Million Euros for Renewable Energy Projects in Lebanon
The UN Industrial Development Organisation (UNIDO) announced that it has secured 3.7 million euros from the European Union to finance renewable energy projects in Lebanon. The move supports the country’s ambitious target to cover 30% of its energy consumption from…
Chinese Plant-Based Meat Startup Starfield Raises $100m
Chinese startup, Starfield Food Science & Technology, a company that develops plant-based meat alternatives, announced the completion of a $100 million Series B funding round led by private equity firm Primavera Capital Group.
French agri-food to finance plastic recycling plant
A consortium of French agri-businesses plans to finance France's first dedicated polystyrene recycling plant. Participating companies include Andros, Yoplait, Lactalis, LDC, and Bigard. The plant is set to recycle yoghurt pots and meat trays made from the mateiral. The news…
Oman Launches World’s Largest Renewable Project
The Ibri Solar Project, the world’s largest renewable energy facility of its kind was opened in the Sultanate of Oman at a ceremony held in the Wilayat of Ibri, Governorate of A’Dhahirah. The 500MW utility costs $403m (OMR155m) and is…
LanzaJet Secures $50M from Microsoft Climate Innovation Fund
LanzaJet, a sustainable fuels technology company recently partnered with Microsoft Climate Innovation Fund to enable the transition towards net-zero sustainable fuels. The company announced it has secured financing for its Freedom Pines Fuels plant in Georgia, through the Microsoft Climate…