financial-support
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Germany More Flexible on Hydrogen Transition, Emphasises Speed – Draft
Date: July 12, 2023
Germany more flexible on hydrogen transition, emphasises speed – draft FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and allowing greater leeway in transitioning from fossil fuels-based variants to renewables, a draft paper showed on Wednesday. Europe’s biggest economy wants...
Nano One Awarded $10 Million From Sustainable Development Technology Canada
Date: February 14, 2023
Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB) $10 million in non-dilutive support from SDTC helps: Fast track and convert North America’s only LFP plant to pilot Nano One’s One-Pot Process. Leverage high-quality acquisition of LFP plant and amplifies expansion plans. Accelerate strategic growth and offtake opportunities with consortium partners Rio Tinto, Lithion Battery Inc.,...
UK’s Sunak to Halve Support That Helps Businesses Pay Fuel Bills -The Times
Date: December 30, 2022
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concerns about the cost, The Times reported, without citing sources. Former Prime Minister Liz Truss had announced in September a six-month scheme to subsidise the wholesale price for businesses. UK Chancellor Jeremy Hunt “will announce a...
World Bank’s Private Arm Launches $2 Billion Program to Help Ukrainian Businesses
Date: December 16, 2022
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2 billion support package for Ukraine to help build the resilience of the Ukrainian private sector devastated by Russia’s war and to prepare for reconstruction. The International Finance Corp said the new Economic Resilience Action Program...
Opening the Door to Sme Lending
Date: December 8, 2022
By Samuel White, Regional Director Asia and Middle East, Creditinfo Group Over the last twenty years, small and medium-sized enterprises (SMEs) have underpinned the growth and development of economies, creating jobs, contributing significantly to innovation and technological developments, and helping to alleviate poverty around the world. This is especially the case in developing countries where SMEs they...
UK’s National Grid Launches 50 Million Pound Energy Support Fund
Date: November 1, 2022
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 million) fund to provide financial relief for consumers struggling with rising energy costs for over the next two winters. The fund will target charities which provide immediate, emergency financial support to households using pre-payment energy...