Citi pledges $1tn to sustainable finance by 2030

It intends to finance and facilitate a wide array of climate solutions, including renewable energy, clean technology, water conservation, green buildings and sustainable agriculture and land use

Estonian firm lent €12m to commercialise fuel cell tech

It plans to manufacture around two million cells per year, accounting for an electrical capacity of 50MW

UK announces £40m fund to support cleantech companies

The Clean Growth Fund will support companies seeking to commercialise ‘promising innovative’ green solutions

Siemens joins with finance firm for Canadian cleantech

A technology firm has partnered with an investment group to advance cleantech innovation in Canada. Siemens and Kensington Capital have signed a Memorandum of Understanding (MoU) to help accelerate the progress of technologies such as smart grids and energy storage. They also identified a number of other areas to concentrate on, including transmission and distribution, […]

London-based cleantech start-up raises £480,000

A cleantech start-up based in London has raised £480,000 in its latest seed funding round. Switchee creates smart thermostats for use by social landlords which are expected to help consumers save money on their heating bills. The latest funding brings the total raised to date to more than £1 million. The smart thermostat learns a […]

Is West London set to become a cleantech hub?

Plans to develop a new business district for cleantech innovation in West London have been unveiled. The London Sustainable Development Commission (LSDC) has set out recommendations for a major ‘Cleantech Cluster’ to support the expansion of innovative new green companies in the capital. Its report suggests the area covered by Old Oak and Park Royal Development […]

UK-India invites green bids for share of £3.4m

The UK and India are investing up to £3.4 million in collaborative research and development projects, including those focused on green energy. Businesses in the UK are invited to partner with Indian firms to apply for a share of the funding for projects in the fields of clean energy, healthcare and ICT. The Department for […]

New cleantech exchange platform launched in Asia

A new online marketplace that will link low carbon technology companies with possible clients has been launched in Asia. Called IPEx Clean Asia, the pilot service will broker technology transfers from developed countries to nations in Asia as well as provide a platform for knowledge sharing. It will be based in Singapore and initially focus […]

UK cleantech firms set their sights on Brazil

Innovative UK cleantech companies are gearing up for a trip to Brazil to explore business opportunities aimed at tackling climate change and improving resource efficiency. Called the ‘Clean and Cool Mission Brazil’, the £150,000 initiative is backed by the Technology Strategy Board (TSB), the UK’s innovation agency, together with UK Trade and Investment (UKTI) and […]

Cleantech revolution on its way

ELN covers the ‘Cleantech Innovate’ event in London, where British businesses showcased their new inventions to those in the energy sector. Reporter Priyanka Shrestha talks to industry experts and some of the inventors trying to get their products to market.

Festival Net Zero 2021