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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. The Renewable Energy Investment Tracker summarizes BloombergNEF’s tracking of global investment in renewable energy up to and including 1H 2022, and covers both project investments and corporate fundraising. —Chelsea Jean-Michel, offshore wind analyst at BNEF.

Financing 243
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GE and Lake Erie Energy Development Corporation Establish Partnership; Great Lakes Offshore Wind Farm

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GE and Lake Erie Energy Development Corporation ( LEEDCo ) of Northern Ohio have formed a long-term partnership beginning with the development of the first fresh water offshore wind farm in the US and involving a broad range of other initiatives.

Wind 210
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China Three Gorges Corporation to install 18 charging stations between São Paulo and Mato Grosso do Sul

Setec Powerr

Brazil’s second-largest private energy producer, China Three Gorges Corporation, which currently invests heavily in hydropower and wind farms, will expand its business into charging piles and further into solar energy in the future. Later this year, it will announce its entry into the solar space.

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Aberdeen City Council and bp sign joint venture agreement to develop city hydrogen hub

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Phase one, which involves delivery of a green hydrogen production and transport refueling facility powered by a solar farm, is targeting first production from 2024, delivering more than 800 kilograms of green hydrogen per day—enough to fuel 25 buses and a similar number of other fleet vehicles.

Hydrogen 195
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ClearFlame Engine Technologies raises $30M in Series B

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New investors, including mining corporation Rio Tinto, and WIND Ventures, the strategic venture arm of Copec, one of Latin America's leading mobility and energy companies, see ClearFlame as part of a holistic suite of strategies to advance environmental, social and governance (ESG) goals.

Engine 150
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CMA CGM creates US$1.5B fund to accelerate energy transition in shipping and logistics

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It will help to support a global innovation platform developed alongside large corporations, SMEs, start-ups, and the academic and scientific community. Second focus: Accelerating the decarbonization of port terminals, warehouses and truck fleets. The Fund will be backed by a US$1.5-billion The subsidiary has plans to install 1.8

Energy 315
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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

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JUST Capital, a nonprofit that promotes corporate responsibility, has also ranked Dominion among to US corporate citizens. Allowing these fleets to access RNG will drive down their carbon footprint even further. Reducing emissions as fast as possible and achieving net zero emissions requires immediate and direct action.

Emissions 207