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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
13-10-2020
South America’s Renewables Potential Waiting to be Tapped
South American countries have the potential to near double their current renewables generation expansion plans.
Energy Investment
13-10-2020
E.ON Launches €250 Million Fund for Next-Gen Digital Technologies
Germany multinational energy company E.ON has launched a €250 million investment fund dedicated to digital technologies and business models.
Power Construction
12-10-2020
Australia Labor’s Budget Response: $20 Billion to Rewire the Grid
The Federal Opposition has responded to the Federal Government’s 2020-21 Budget, outlining a plan to invest $20 billion in rewiring the electricity grid to allow Australia to adapt to changing energy markets and become a renewable superpower.
Energy Investment
10-10-2020
Total Invests in Hyzon Motors
Through its venture capital arm Total Carbon Neutrality Ventures, European energy giant Total has made a strategic investment in hydrogen vehicle manufacturer Hyzon Motors.
United Kingdom
10-10-2020
ExxonMobil to Cut European Workforce By 1600
Global energy company ExxonMobil has announced that it will reduce the number of its workers across its businesses in Europe.
Energy Investment
09-10-2020
China’s Clean Energy Plan Could Cost It $5 Trillion
China’s plan to reach carbon neutrality by 2060 could end up costing it $5 trillion.
Electricity Trade
09-10-2020
Indonesia’s Power Sector is Open for Business
The final episode in Enlit Asia’s digital series Indonesia’s New Energy Paradigm did not disappoint, as the expert panel delved into how the country’s energy transition is opening up a variety of opportunities attracting investors from across the globe.
Energy Investment
09-10-2020
Eurpoean Bank Supports Upgrade of Electricity Network in Hungary
The European Investment Bank has announced support for the upgrade and expansion of the electrical power network in south-eastern Hungary.
05-10-2020
Iberdrola Announces New €1.5bn Renewables Investment Plan
Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.
Libya
05-10-2020
Easy Solar Closes $5m to Scale-Up Energy Access in West Africa
Easy Solar has closed $5m to scale-up energy access in Sierra Leone and Liberia.
United Kingdom
03-10-2020
Europe Announces First-Ever Renewable Energy Institute
The European Energy Centre has been awarded Institute status by the UK Government following the distinguished work in providing accredited Renewable Energy training and research carried out in the UK and internationally.
Electricity Trade
01-10-2020
NextEra Energy to Acquire Power Transmission Company GridLiance
NextEra Energy Transmission has signed an agreement to acquire US-based independent power transmission company GridLiance.
Energy Investment
30-09-2020
Total Drives Green Strategy With €500m Zero-Crude Project
As part of its net zero strategy, global energy company Total will invest €500 million into converting its Grandpuits refinery in Seine-et-Marne, France, into a zero-crude platform.
Vietnam
30-09-2020
Vietnam Requires $133.3bn in Power Investment By 2030
Vietnam will need an investment of $133.3bn in its power industry to meet its increasing electricity demand.
29-09-2020
Siemens Energy Listing on Stock Exchange ‘Marks New Era’
Siemens Energy today started trading on the Frankfurt Stock Exchange, with the opening share price quoted at €22,01, corresponding to a market capitalization of almost €16bn.
Oil & Gas Trade
28-09-2020
BPCL Pays for Defaulting Videocon in Brazil Oil Block
State-owned Bharat Petroleum Corp Ltd has been forced to pay for its defaulting partner Videocon Industries Ltd after it had relied on a rarely used model to acquire stake in five oil blocks in Brazil.
Hydropower Plant
27-09-2020
Nigeria: FG Sinks $5.8bn in Mambilla Hydropower Project
The Federal Government has said that it has so far spent about $5.8 billion on the 40-year-old Mambilla Hydroelectric Power project.
Energy Investment
27-09-2020
Canadian Government Commits C$320 Million to Aid Offshore Oil Industry
Canada will spend C$320 million to support its offshore oil industry, which has struggled as coronavirus pandemic travel restrictions reduced demand.
Oil Field
25-09-2020
Shell Looks to Sell off Stake in Philippines Gas Field
Shell is looking to sell its 45pc stake in the Philippines' Malampaya gas field, almost a year after fellow major Chevron sold off its own stake in the field.
Power Construction
25-09-2020
Power Grid Gets Shareholders' Nod to Raise Up to Rs 10,000 Crore
All resolutions as set out in the notice of 31st Annual General Meeting held on September 22 have been duly approved by the shareholders with requisite majority, a BSE filing said on Thursday.
Energy Investment
24-09-2020
Bord Na Mona Eyes €1.6bn War Chest for Wind, Solar
Bord na Mona has launched a major fundraising campaign to build a series of climate action projects across its 200,000 acre landholding.
Austria
24-09-2020
Austrian Utility OMV Sells Gas Pipeline Unit to Verbund
Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and finance its acquisition of a leading plastics maker.
23-09-2020
Air Products China President Saw Choon Seong Appointed Chongqing Mayor’s International Economic Advisor
Appointment Reinforces Company’s Commitment to Southwestern China’s Inland Megacity.
Hydropower Plant
22-09-2020
JLEN Acquires Hydropower Facilities
Environmental infrastructure fund JLEN has acquired two operational hydro projects as part of a £4.74 million acquisition of Northern Hydropower Holdings Limited.
China
21-09-2020
China's CATL to Invest in Canada’s Neo Lithium
Chinese battery manufacturer Contemporary Amparex Technology will pay C$8.5mn to acquire an 8pc equity stake in Canada-based lithium brine explorer Neo Lithium.
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