The Anonymous Widower

Spanish Covid-19 Recovery Investment Scheme Funds 12 Energy Start-Ups

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

These are the two introductory paragraphs.

Several energy companies have announced they will assist and invest in a scheme to develop smaller companies assisting in Spain’s Covid-19 recovery.

The Positive Energy+ investment scheme has taken 396 proposals over 13 days. The promoters of the programme have chosen 12 businesses they believe will have a large impact on the country’s decarbonisation, digitalisation and mobility, while also considering their social impact.

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

June 9, 2020 Posted by | Health, World | , , , , | Leave a comment

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