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Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power

Hydrogen Fuel Cell

Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power

Energy Storage Project
2021-02-26

CEFC Offers US$127.6 million Debt Finance for 300MW Victoria Energy Storage Project
Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.
ITER
2021-02-26

European Council Approves Continued Financing for ITER
The European contribution to the project for that period is set at €5.61 billion in current prices.
Wind Farm
2021-02-25

Commerz Real Acquires Stake in EnBW Wind Farm Portfolio in Germany
Investment firm Commerz Real has acquired a 49.9% stake in a portfolio of 14 onshore wind farms in Germany owned by EnBW Energie Baden-Württemberg.
Energy Storage Battery
2021-02-24

Pylontech Ready for ESS Capacity Expansion Following Shanghai Stock Exchange Listing
Pylontech has said it will have 4GWh of battery energy storage system manufacturing facilities in operation within three years, after it raised around US$300 million from listing on the Shanghai Stock Exchange.
Energy Storage Project
2021-02-24

Industrial Conglomerate Mytilineos Acquires 25 Battery Projects in Greece in €56 million Solar Deal
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.
Solar Power Plant
2021-02-24

NAMIBIA: Old Mutual Buys Back Shares in the Rosh Pinah Solar Power Plant
Old Mutual Investment Group Namibia has just acquired a majority stake in Aloe Investments Number Twenty-Seven, the project company that owns and operates the 5 MWp Rosh Pinah solar power plant.
Electrification
2021-02-24

World Bank to Finance Electrification Investments in Angola
The World Bank has approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities of Angola.
Digitalization
2021-02-23

BayWa RE Acquires German Digital Service Outfit
BayWa RE has acquired German company Kaiserwetter’s IoT, asset intelligence, and data science capabilities, bolstering its digital asset operations.
Hydrogen Project
2021-02-23

$300 bn Investment Lined up in Hydrogen Projects Globally
Globally, 228 large-scale projects have been announced with 85 per cent located in Europe, Asia, and Australia.
Wind Farm
2021-02-23

BayWa r.e. Acquires Onshore Wind Farm in the UK
BayWa r.e. increases its onshore wind pipeline in the UK with the acquisition of the High Constellation wind farm from Blue Energy.
Electric Car
2021-02-22

Matter Bets on Indian EV Market, Targets USD 1 bn Turnover by 2025
Bullish on the growth of electric vehicles market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion by 2025, according to a top company official.
Hydrogen Project
2021-02-22

The Texas Cold Blast Was A Warning To Hydrogen Investors
The Texas storm has exposed an energy grid ill-prepared for climate change, with electric grid regulators now saying that the United States needs to rapidly develop vast supplies of power storage--including giant batteries and hydrogen storage.
Energy Security
2021-02-19

Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar segment due to abnormal pricing conditions
Energy Security
2021-02-19

Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm
The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including higher energy prices and the suspension of a spiralling energy price cap.
Energy Investment
2021-02-15

UK Outfits Secure £1.3m in Offshore Wind Funding
Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine
Energy Investment
2021-02-13

OX2 Acquires 400MW Wind Power Project in Finland from YIT
Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.
Energy Storage Project
2021-02-10

AFRICA: Highview Power Raises $70m for Renewable Energy Storage
Highview Power, a company specialising in electricity storage, has just raised 70 million dollars to distribute its solutions in Africa.
Nuclear Power Plant
2021-02-09

Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call with analysts on 5 February to discuss its fourth-quarter financial results.
United States
2021-02-09

US Renewables Trade Group Formally Launches
American Clean Power Association unveils new website and adverts showcasing the sector
Energy Investment
2021-02-08

CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen technologies.
Thermal Coal
2021-02-05

S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Energy Investment
2021-02-05

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.
United Kingdom
2021-02-03

BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sharply lowering its long-term energy prices.
Gas power plant
2021-02-03

Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC
SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.
Oil Field
2021-02-02

Petrobras Inks Deals for Sale of Shallow-Water Fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.

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Most views from Energy Economy

Brookfield 'at a Crossroads' on Whether to Sell Westinghouse

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland

CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2

S Africa's Exxaro to Halt Further Coal Investments

US Renewables Trade Group Formally Launches

AFRICA: Highview Power Raises $70m for Renewable Energy Storage