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OPEC Chief Stresses Energy Cooperation With China
Solar Power Plant
11-07-2021
AFRICA: Rolls-Royce Invests in Kowry Energy’s Off-Grid Solar Systems
Rolls-Royce Power Systems has invested in Kowry Energy. The German start-up finances and builds decentralised solar systems with storage for commercial customers and rural communities in sub-Saharan Africa.
Energy Investment
11-07-2021
Saudi Arabian Solar: How the State has Invested in Overseas Solar Projects
ACWA Power has invested in some of the world’s largest solar projects, including the Redstone facility and the Kom Ombo plant.
Solar Company
11-07-2021
Heliogen to Become Publicly Traded in Athena Technology Merger
Once the merger deal with Heliogen is completed, Athena is expected to be renamed Heliogen.
Oil Refinery
10-07-2021
Shell Announces Sale of Schwedt Refinery Stake
Shell has agreed to sell its 37.5pc stake in the 208,000 b/d Schwedt refinery in northeast Germany to Austria-based firm Alcmene for an undisclosed sum as part of an ongoing drive to reduce its global refining footprint.
Electric Car
09-07-2021
South Korea’s Battery Exports to the United States on the Increase
The United States is increasing its electric vehicle battery imports at a rapid pace, as the supply from U.S. electric vehicle battery manufacturers is still insufficient.
Energy Storage Project
08-07-2021
GLIL Invests £150m in UK Utility, Energy Storage Infrastructure Firm
GLIL Infrastructure, the fund backed by a number of UK local government pension schemes, has invested £150m in specialist utility and energy storage infrastructure company Flexion Energy.
Energy Storage Battery
08-07-2021
Eos Energy Enterprises Gets $100M Investment from Koch
A next-generation zinc battery manufacturer whose factory is in Pittsburgh has received a $100 million investment from a Koch Investments Group subsidiary to help build the company’s technology.
LNG
08-07-2021
Mexico to Create State-Owned LPG Company
Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector, President Andres Manuel Lopez Obrador said today.
Floating Offshore Wind
07-07-2021
Belgium’s Parkwind Secures Funding for German Floating Wind Farm
Belgium-based green energy company Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside Belgium.
Oil Refinery
05-07-2021
Iraq Closes on New Chinese Refinery Investment Deal
Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, the oil ministry said yesterday.
05-07-2021
Hitachi ABB Power Grids is Evolving to Become Hitachi Energy
Hitachi ABB Power Grids announced that it will be evolving to become Hitachi Energy from October 2021.
Oil Field
05-07-2021
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Energy Storage Battery
02-07-2021
Conrad Energy Completes Strategic 44MW Battery Storage Asset Acquisition
The battery asset will provide immediate revenue for Conrad Energy and the company anticipates making further targeted acquisitions and placing equipment orders in the coming week
Oil Field
02-07-2021
Argentine Energy Firm CGC Buys Local Unit of China's Sinopec
The Chinese-owned unit operates over 20 oilfields in the San Jorge and Cuyo Basins in Argentina with assets covering some 4,600 square kilometers.
Energy Investment
01-07-2021
India’s NTPC to Expand Generation Capacity with $13.4bn Investment
NTPC, one of the largest power generation companies in India has announced plans to expand its renewable energy capacity to meet growing energy demand and sustainability targets.
United Kingdom
30-06-2021
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to reduce energy costs by 20%.
Vietnam
29-06-2021
Mainstream to Buy Stake in 405MW Vietnamese Solar
Irish renewables company to acquire 80% of Technology and Development Joint Stock Company's portfolio
Solar Power Plant
29-06-2021
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project
The plant will feed 100 MW into the grid of the state-owned utility Eskom.
Oil Pipeline
28-06-2021
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is selling, the companies said on Sunday.
Offshore Wind Power
26-06-2021
Vattenfall to Sell 49.5% of the Offshore Wind Farm Hollandse Kust Zuid to BASF
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid in the Netherlands.
Energy Storage Battery
25-06-2021
Battery Industry Could Boost Australia’s Economy By $5.6 Billion
Australia has a chance to boost its economy by US$5.6 billion and become a leading player in battery chemistry and technology if it expands its raw materials-focused industry into a diversified sector encompassing the entire battery cell value chain
Solar Power Plant
25-06-2021
AFRICA: FSD Invests $4.5m in Nithio for Solar Kits in Three Countries
FSD Africa Investments, the investment arm of FSD Africa, is investing $4.5 million in Nithio.
Electric Car
24-06-2021
Umicore Announces Equity Investment in Solid-State Battery Company Solid Power
This stake was built through two successive investment rounds which Solid Power raised before launching the next phase of its growth through a public listing.
Nuclear Power Plant
24-06-2021
US DOE to Offer Funding for Nuclear Energy Projects
The funding will support projects that will improve resiliency and develop carbon-free nuclear power.
Energy Investment
24-06-2021
Mubadala Acquires 2.6% Stake in Russian Aluminium Company En+
The deal increases the Abu Dhabi sovereign fund's stake size to 2.86% in total
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