Masatoshi Nishi, who has been with the Japanese oil and gas producer for more than a decade, will oversee CVC activities for the firm.

Solar energy and grid storage saw some of the biggest funding rounds as falling prices put these clean energy options into the mainstream.

The UK utility’s CVC unit will be led by Stephen Smith, who is joined by GCV Powerlist member Pradeep Tagare, among others.

The VC firm co-founded by Chinese EV maker Nio will continue to invest in automotive and energy technology companies locally through its new fund.

The VC fund backed by E.ON has reached a $120m first close and promoted Patrick Elftmann to US managing partner.

XGS is the third geothermal startup to raise cash this year, as the industry looks to overcome drilling costs and geography.

Statkraft has contributed to a series B round for Aira, which is tackling a heat pump market CEO Martin Lewerth believes can reach €150bn in size every year.

After a decade at Air Liquide in various roles, most recently managing director for its CVC unit, Vincent Brillault joined Audacia.

US insurance firm MassMutual’s investment arm has appointed Kara Burns a senior associate for its Climate Technology Fund.

The fund, co-managed with a seed-stage VC firm, will target AI, robotics and internet-of-things across multiple industries.