Ten corporations, including BP, Shell and Microsoft, are setting up a climate tech accelerator to channel more funding to sustainability startups, which often struggle to raise investment. According to Jon Creyts from the Rocky Mountain Institute, the US-based environmentalist think-tank that will lead the accelerator, investors are so put off funding climate change tech that there's only been one hard tech company in the last decade to secure enough funding to be successful.

Clean Power For all the excitement over the next big thing in lithium-ion batteries, the simple fact is that plain old water is the only large scale, long duration energy storage medium available today in the US and in many other parts of the world.

The world has failed to halt global warming. Four years after the signing of the Paris Agreement, most experts predict global warming will exceed the agreed thresholds, with disastrous consequences. As much as the world faces a climate crisis, it also faces a climate governance crisis: we know what must be done to halt climate change but we do not know yet how to get there.

Dutch tidal turbines business Tocardo has struck a deal to acquire the 1.25MW Oosterschelde Tidal Power Plant, the largest tidal array in the world installed on the Oosterscheldekering. The acquisition follows technical due diligence phase during September 2020.

Saudi Arabia has announced the shortlisted bidders of the second round of its National Renewable Energy Program (NREP) tender, which includes four solar plants totaling 1.4 GW, in addition to another procurement round for two PV facilities equaling 70 MW.

The Chinese economy has suffered as a result of the pandemic, but one sector that's forging full-steam ahead is energy. Last week saw the opening of a massive new solar farm -the second-largest in the world-in the northwest province of Qinghai.