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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

United Arab Emirates
09-07-2026

MidOcean Energy secures $1.1bn backing from UAE royal family
The Private Department of Sheikh Mohammed bin Khalid Al Nahyan has committed to invest $1.13 billion in MidOcean Energy, a liquefied natural gas company formed and managed by EIG.Alongside the investment, the Private Department and EIG have established a
United Kingdom
02-07-2026

UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
Britain's National ‌Grid said on July 1 it will invest $1.75 billion for a 35% stake in Joulent, a U.S. energy platform developing power infrastructure for data centres, as it seeks to tap into surging AI-driven demand for electricity.Th
South Korea
01-07-2026

SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
Private equity firm KKR and South Korea's SK Inc said on July 1 they will launch the ‌country's largest renewable energy platform, valued at 2 trillion won ($1.3 billion), to help meet rising clean-power demand from AI data cen
Ireland
30-06-2026

Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
June 29, 2026 - Hitachi Energy is investing €4 million ($4.7 million) into the development of the new Service Centre in Dublin North Park, scheduled to open in Autumn 2026 – strengthening grid resilience across Ireland. Ireland&rsqu
South Africa
12-06-2026

Mulilo reaches financial close on BESS project in South Africa
Mulilo has reached financial close on the Hartebeesfontein battery energy storage system (BESS) project, a 77 MW/308 MWh facility located near Klerksdorp in the City of Matlosana Local Municipality, North West Province, South Africa.This is Mulilo&rsq
United States
04-06-2026

esVolta Secures Upsized Corporate Credit Facility to Support Expansion of Energy Storage Portfolio
esVolt, a leading developer, owner, and operator of utility-scale battery energy storage projects across North America, announced on June 3 that it closed an expanded corporate credit facility providing up to $450 million of capital to drive new utility-s
United Kingdom
01-06-2026

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
British power group Drax said on June 1 it had ‌agreed to buy Bluefield Solar Income Fund in a deal that values the renewable energy-focused investment ⁠company at about £561 million ($755.3 million), including a permitted dividend.Drax
India
27-05-2026

Indian renewable power firm Clean Max raises about $575 million
India's Clean Max Enviro Energy Solutions has raised about $575 million ‌to expand its solar and wind projects in India, the renewable power firm said on May 26.Clean Max ⁠secured the funding to support about 1 gigawatt of renewable
Energy Investment
26-05-2026

Naturgy to Invest Over €300 Million in Nuevo Leon
Naturgy announced that it will invest more than €300 million through 2030 in the expansion and modernization of its natural gas distribution network in strategic municipalities of Nuevo Leon. The announcement followed a meeting in Madrid between
United States
18-05-2026

Reports Say NextEra in Talks to Acquire Dominion Energy
NextEra Energy, one of the largest power companies in the United States, is in advanced talks to acquire Dominion Energy, in a deal that could transform the power industry as it races to supply electricity needed to fuel the booming growth of artificial i
Uzbekistan
11-05-2026

ADB and Acwa sign US$116 million financing package to support wind power in Uzbekistan
The Asian Development Bank (ADB) has signed a US$116 million financing package with Acwa to support the development, construction, operation, and transfer of a 300 MW wind power plant in Uzbekistan’s Bukhara region, further accelerating the coun
Canada
28-04-2026

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm said on April 27.ARC will boost Shell's output of 2.8 million barrels of oil equivalent per day by 370,000 boed.Th
India
27-04-2026

Adani Green to invest ₹15,000 crore to add 10 gigawatt battery storage in FY27
Adani Green Energy Ltd. plans to invest about ₹15,000 crore to add more than 10 gigawatt-hours (GWh) of battery energy storage capacity in the current financial year.The proposed addition will be over and above the roughly three GWh of installed storage c
Colombia
16-04-2026

Colombia announces renewable energy auction
Colombian Energy Minister Edwin Palma on April 15 announced an upcoming renewable ‌energy auction, saying that he would travel to the United States next week to promote it.We will be in New York on Monday and Tuesday discussing energy and prom
Norway
14-04-2026

Equinor aims to sell 8% stake in solar energy firm Scatec
Norway's Equinor said on April 13 it is contemplating a sale of some 12.9 million shares in Scatec, representing around ⁠8.1% of the solar energy firm's share capital.Equinor said Brokers Morgan Stanley and Nordea are conducting an acc
United States
01-04-2026

Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply
Microsoft, Chevron, and investment fund Engine No. 1 announced an exclusivity agreement on March 31 aimed at collaborating on power generation and supply. The partnership comes as technology firms, including Microsoft, seek to secure stable electricity so
Energy Investment
31-03-2026

U.S. Seeks Critical Mineral Battery Projects To Invest $500 Million
The U.S. government is seeking battery manufacturing and recycling projects to invest $500 million to strengthen the national critical mineral and materials industries.U.S. Energy Secretary Chris Wright recently announced the Department of Energy&rsqu
Wind Power Project
30-03-2026

VinEnergo to invest $8 billion in Gia Lai wind power complex
VinEnergo has signed an agreement with Gia Lai province to study the potential for developing an $8 billion wind power complex.On March 28, the two parties signed a cooperation agreement to assess the project, which will be developed in two phases. The fi
Senegal
28-03-2026

PIDG Backs Afreenergy Solar with €4.3 Million to Scale Solar-Plus-Storage Deployment in Senegal
The Private Infrastructure Development Group (PIDG) has committed €4.3 million in funding to support Afreenergy Solar in expanding solar and battery storage deployment in Senegal.The investment, made through PIDG’s infrastructure develo
Tender/bid
27-03-2026

UK plans to launch 6-GW offshore wind leasinground in 2027
The Crown Estate has confirmed plans to launch a Round 6 offshore wind lease auction in the first half of 2027.The tender will bring around 6GW to market, as first revealed in last week's.Plots will be located predominantly off north-east England
Canada
29-03-2026

Brookfield, La Caisse Acquire Clean Energy Platform Boralex for $6.5 Billion
Brookfield Asset Management and La Caisse have teamed up to acquire Canadian renewable energy company Boralex for around C$9bn ($6.5bn), including debt.The acquisition involves the purchase of all issued and outstanding Class A common shares of Boralex at
Energy Investment
26-03-2026

Zelestra secures $600 million for 440 MW Texas solar portfolio to supply solar portfolio
Renewable energy developer Zelestra has closed a $600 million green project financing package to fund the construction and development of two utility-scale solar plants in Texas. The projects, totaling 440 MW, are backed by long-term power purchase agreem
SMR
25-03-2026

DL E&C, X-energy First SMR Design Contract
DL E&C announced on the 25th that it has signed a contract with U.S. small modular reactor (SMR) company X-energy for an "SMR standardized design." The contract is worth approximately $10 million (15 billion Korean won), with plans to comple
United States
25-03-2026

TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
TSEA Energy is investing $25m in a new manufacturing facility in Eden, North Carolina, marking its first industrial operation in the United States and expanding domestic production of critical grid infrastructure.Image credit: TSEA Energy/LinkedIn.Image c
India
23-03-2026

Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
Patel Engineering Limited (PEL) has received a letter of award worth Rs 230.70 crore from Dorjilung Hydro Power Limited for a pre-construction package of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan’s Mongar Dzongkhag district. T

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Most views from Energy Economy

UK's National Grid bets $1.75 billion on AI power boom with Joulent investment

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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience

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Patel Engineering wins Rs 230.7 crore Bhutan hydro project package