Investment
Canada Pension Plan announces $300m equity investment in Octopus Energy
Global energy tech pioneer, Octopus Energy, recently announced its long-term strategic partnership with the Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds and a global force in energy investing. This partnership follows the aspiration…
France to invest €420 million in bio-based industries
The French government has announced that it will invest €420 million in public funds to develop industrial biotechnologies and bio-materials manufacture. Some of this money will be used to convert a coal power plant in North-East into a hub for…
DMC Announces First Close of Series B Financing, Raising $34 million
2 December 2021 – DMC Biotechnologies has completed the first close of its Series B fundraising, raising $34 million (USD) with investment from Cibus Enterprise, Capricorn Partners, Sofinnova Partners, Breakthrough Energy Ventures, SCG, Boulder Ventures, Solvay Ventures and Michelin. DMC…
UK Government Invests £116m to Boost Green Innovation
The UK Government has financed more than €136 million to boost green innovation across the nation, including Bioenergy with Carbon Capture and Storage (BECCS) technology. The funding is expected to oversee projects, specifically focusing on increasing energy efficiency, reducing carbon…
Indonesia Sets New Targets for its Biodiesel Programme
Indonesia will need to boost the bio-content of its palm oil-based biodiesel to 40% by 2024 or become unaccounted for its renewable energy targets. The country already had a mandatory biodiesel programme with 30% palm oil content, commonly known as…
Newheat snaps up €7 million to develop solar power
French solar power leader NewHeat has attracted €7 million for renewable energy R&D and commercial deployment. The funds will enable NewHeat to remain majority shareholders while helping launch their first venture outside France, a recently signed project in Croatia. Original…