Finance & Investment


Siemens and VW invest in EV

White House announces $700mn EV charging investment from Siemens and VW

$450 million from Volkswagen Group and over $250 million from Siemens will increase US capacity to manufacture EV chargers.

Global community smart grid collaboration kicks off

The International Community for Local Smart Grids research initiative is aimed to champion the relationship between communities and smart grids.
InterConnect project financing

€2,1mn to finance 14 innovative EU interoperability solutions

InterConnect has announced a call of €2.1 million ($2.2 million) in funding for the development of 14 interoperability solutions.
Ofgem 5-year grid capacity plan

Ofgem injects £20.9bn into UK’s energy grid upgrade

Ofgem has announced a five-year vision to transform UK energy grids to support the transition to a low-carbon energy system.
European Union flags in Brussels

Ed’s note: What was decided during G7 and the Energy Council?

Editor Areti Ntaradimou reflects on the decisions made during G7 and the Energy Council to prepare for a winter without Russian gas.
UK battery storage project

2GW UK battery storage projects to expand grid capacity

GIG and Bluestone Energy have entered into a joint agreement to develop up to 2GW of UK battery storage projects.