The Anonymous Widower

Norway Announces $384.5m Clean Energy Fund To Aid In Covid-19 Recovery

The title of this post, is the same as that of this article on Power Technology.

These are the first one-and-a-half paragraphs.

Last week, Norway announced plans to fund a “green transition package”, investing $384.5m into sustainable power and infrastructure to help the country’s economy and productivity post-Covid-19.

The fund will be used to support a range of initiatives, including investments in hydrogen power and battery storage technology, building offshore wind infrastructure, and renovations to new and existing buildings, as Norway looks to reach the Paris Climate Agreement target of limiting global temperature rise to less than two degrees by 2050.

Perhaps we should follow Norway’s lead.

June 9, 2020 - Posted by | Energy Storage, Health | , , , , ,

1 Comment »

  1. […] It looks like Spain is going a similar route to Norway, with their fund. […]

    Pingback by Spanish Covid-19 Recovery Investment Scheme Funds 12 Energy Start-Ups « The Anonymous Widower | June 9, 2020 | Reply


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