Entries by carbonfund

OKLO Shares Rally After DOE Supports Surplus Plutonium Reactor Program

Oklo, an advanced nuclear company, aims to turn surplus plutonium into clean electricity in the U.S. The U.S. Department of Energy (DOE) selected Oklo for talks under the Surplus Plutonium Utilization Program. This program seeks to reuse excess plutonium from U.S. defense activities. Companies can convert it into fuel for advanced nuclear reactors instead of […]

Eni and BlackRock Scale Up Europe’s CCS Race With $670 Million HyNet Financing Deal

Carbon capture and storage (CCS) is moving from early-stage pilots into large-scale infrastructure deals. One of the latest signals comes from Eni and BlackRock’s Global Infrastructure Partners (GIP), which secured more than $670 million in financing for their joint carbon capture and storage platform. The funding came from a consortium of 13 international lenders, and […]

Holtec International Brings SMR-300 Technology to Rwanda to Shape Africa’s Nuclear Future

The Republic of Rwanda is advancing its nuclear energy plans. It signed an agreement with Holtec International to use the SMR-300 small modular reactor. This deal shows Rwanda’s aim to lead in Africa’s nuclear technology and boost energy security while fostering economic growth. The agreement was signed at the Nuclear Energy Innovation Summit for Africa […]

HSBC’s $4 Billion China Climate Bet Ignites the Global Green Finance Race

HSBC is launching a new $4 billion financing program for China’s clean energy and low-carbon industries. The funding will support sectors such as renewable energy, electric vehicles, battery storage, hydrogen, and advanced manufacturing. The move shows how global banks are putting more money into climate and energy transition projects. China remains the world’s biggest clean […]

Surge Battery Metals (NILI) Upgrades Nevada North to 10.5 Mt LCE M&I Resource as U.S. Lithium Development Gains Momentum

Disseminated on behalf of Surge Battery Metals Inc.  Surge Battery Metals has announced a major resource upgrade at its flagship Nevada North Lithium Project (NNLP). This boosts the company’s position in the growing U.S. lithium supply chain race. The updated mineral resource estimate outlines 657.4 million tonnes grading 3,007 ppm lithium, containing 10.5 million tonnes […]