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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
Spain
19-09-2020
Iberdrola Acquires Japan’s Acacia Renewables with Development Deal
Spanish electric utility company Iberdrola has agreed to buy out Japan’s green energy supplier Acacia Renewables.
19-09-2020
US DoE Announces $1.5m in Funding for Carbon Capture Project with Total
The US Department of Energy has announced additional funding for a carbon capture technology research and development project with Total.
United Kingdom
18-09-2020
British Gas Ranked Number One by UK Business Energy
Utilities giant British Gas has come out on top in a new study on the performance of UK energy suppliers to the commercial market.
United States
17-09-2020
The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050
Utility net-zero carbon pledges are piling up, even if the companies are a long way from kicking their fossil fuel habits.
Energy Investment
16-09-2020
Lundin Makes $357,000 Investment in Swedish Wave Energy Start-Up
Non-profit investment company Lundin Foundation has invested $357,000 in wave energy foundation Ocean Harvesting Technologies.
15-09-2020
How Bad Relations With China Could Mess With the Energy Transition
Increasingly strained relations between China and the West are spilling into the clean power sector.
Australia
15-09-2020
Western Australia Pumps $22m Into Hydrogen Action Plan
Western Australia is positioning hydrogen as one of the industries to build its recovery and innovation into the future.
Hydrogen Fuel Cell
15-09-2020
France’s EODev Secures €20m to Commercialise Hydrogen Technology
French-based company Energy Observer Developments has closed €20 million in funding to accelerate the industrialisation and commercialisation of its hydrogen solutions.
Thermal Plant
14-09-2020
L&T-Owned 1,400 MW Nabha Power Plant Wins Twin Awards at CII Energy Efficiency Summit 2020
Nabha Power, a wholly owned subsidiary of L&T Power Development, won two prestigious awards at the 21st National Award Ceremony for Excellence in Energy Management, hosted by CII recently.
12-09-2020
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Energy Technology
11-09-2020
EU Energy Tech Incubator Opens US Office
European sustainable energy technology incubator EIT InnoEnergy has expanded into the US, opening an office in Boston.
Australia
08-09-2020
Tesla Secures Funding for Australia’s Largest Virtual Power Plant
The Australian Renewable Energy Agency has issued AUS$8.2 million in funding for the development of what is claimed to be the largest virtual power plant in the country.
Chile
05-09-2020
Chile: Mainstream Renewable Power Secures Funding for 630MW of Renewable Generation
Mainstream Renewable Power has closed funding of US$620 million for the second phase of the Andes Renovables wind and solar generation platform in Chile.
Energy Investment
05-09-2020
EDP Renováveis to Sell Stake in US Renewable Assets for $700m
Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.
Offshore Wind Power
04-09-2020
Crown Estate Scotland Launches Offshore Wind Fund
Crown Estate Scotland has launched a £500,000 fund to go towards sustainable development of offshore wind in the country as part of its net zero commitment.
Energy Investment
03-09-2020
Saud Electricity Signs $2.4bn Medium-Term Financing Agreement With 7 Banks
Saudi Electricity Company, the largest utility company in the Middle East and North Africa region, signed on Aug. 26 a syndicated financing agreement worth SR9 billion with seven major local banks.
Hydropower Plant
03-09-2020
Research Identifies Need for Multi-Billion Dollar Investments in Asian Hydropower Modernisation
A study conducted by International Hydropower Association for the Asian Infrastructure Investment Bank has found that 66 hydropower stations across 19 countries are due for modernisation the estimated investment value of which is $13.7 bn.
03-09-2020
Mitsubishi Hitachi Power Systems Announces Rebrand
Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries Group, has officially changed its corporate name from Mitsubishi Hitachi Power Systems.
Coal-Fired Power Plants
02-09-2020
ADB Urged to Withdraw Financing New Coal-Fired Energy Projects
The Asian Development Bank has been urged to withdraw from financing new coal-fired energy projects by its Independent Evaluation.
Energy Investment
01-09-2020
EU Bank Acquires 25% Stake in Romanian Gas Company
The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.
United Kingdom
31-08-2020
BP to Sell London Headquarters as Work Style Shifts
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.
Solar Company
28-08-2020
Centrotec Taking Control of Solar Module Maker Sonnenstromfabrik
German heating and ventilation equipment provider Centrotec SE has agreed to take over PARI Group AG.
Energy Investment
27-08-2020
Aveva to Acquire Digital Company OSIsoft for $5bn
Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.
Energy Investment
27-08-2020
Actis to Acquire Green Energy Projects from ReNew Power in India
UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.
Energy Investment
26-08-2020
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
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