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Toyo Invests In Japan’s Offshore Renewable Sector
30-10-2020
US DOE Coal FIRST Initiative Invests US$80 Million in Net-Zero Electricity and Hydrogen Plants
When fully negotiated and awarded, it is estimated that approximately US$80 million in federal funding will be provided to these projects.
Energy Investment
29-10-2020
Australia’s Largest Solar Farm to Progress as Neoen Completes AU$600m Financing
What stands to be Australia’s largest solar farm at 460MWp can now progress after Neoen finalised a financing package for it.
United Kingdom
28-10-2020
EDF Launches New Set of Emojis to Help Brits Discuss Climate Issues
UK utility EDF has launched a new collection of emojis to help the public to discuss net-zero and other climate change related topics.
Sweden
28-10-2020
Vattenfall Records Q3 Fall in Wind Profits
Swedish energy company cites lower availability of offshore wind power and lower electricity prices.
Energy Investment
27-10-2020
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment of the sale of Tullow’s Ugandan assets to Total.
Singapore
27-10-2020
Singapore Earmarks $49m for Hydrogen, CCUS
Singapore has earmarked $49m to fund research, development and demonstration projects in hydrogen and carbon capture, utilisation and storage over the next five years.
Wind Farm
26-10-2020
Greencoat Renewables Adds Irish Wind Asset
he An Cnoc project has been acquired featuring five Enercon E70 turbines
United Kingdom
26-10-2020
UK Electrolyser Crew Raises £165m War Chest
UK hydrogen electrolyser manufacturer ITM Power has raised £165m through a share offering that will be used to accelerate the company's manufacturing capacity and invest in the group’s operational capabilities.
25-10-2020
Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth
French electrical equipment group Schneider Electric SE raised its 2020 revenue and margin forecasts on Thursday, citing a better-than-expected third quarter helped by pent-up demand and distributors restocking.
Hydropower Plant
25-10-2020
Hydro-Québec to Invest in Carillon Generating Station Refurbishment
Canadian public utility company Hydro-Québec has announced an investment of C$750m ($570m) to refurbish its Carillon power generating station.
Hydrogen Fuel Cell Vehicle
23-10-2020
Riversimple Opens £150m Funding Raise for Hydrogen Vehicles
Riversimple has revealed plans to raise £150m over the next three years to fund the manufacture of two hydrogen-powered vehicles.
Digital Energy Transformation
23-10-2020
DNV GL Launches Digital PPA Tool
DNV GL has launched a digital power purchase agreement tool to help corporate buyers source renewable electricity supplies.
Oil Field
22-10-2020
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Spain
22-10-2020
Iberdrola Buys US Utility in $8.3bn Deal
Spanish energy company Iberdrola is acquiring the primary electric utility in New Mexico in a deal valued at around $8.3 billion.
Market Analysis
21-10-2020
Green Bonds Market Passes $1 Trillion Milestone Amid Global Turmoil
The green bonds market has passed its greatest milestone by reaching more than $1 trillion in issued bonds since the mechanism emerged in 2007.
SMR
21-10-2020
USDOE Approves $1.355bn Funding for NuScale’s SMR Project
The US Department of Energy has approved a $1.355bn funding vehicle to Utah Associated Municipal Power Systems.
Energy Investment
20-10-2020
MENA Gas Investments Surge to $126bln
Apicorp’s optimism is based on the ongoing downstream value chain integration.
19-10-2020
Sempra Energy Named To Forbes' JUST 100 List
Sempra Energy's vision to deliver energy with purpose comes to life through our stakeholder-centered approach and leading with environmental, social and governance principles.
South Africa
19-10-2020
South African Economy Recovery Plans Prioritise Energy Security
The South African government’s newly unveiled Economic Reconstruction and Recovery Plan has energy security at the forefront to rebuild the economy post-COVID-19.
Hydropower Plant
19-10-2020
Scatec Solar to Buy SN Power
Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.
Solar Power Plant
18-10-2020
Vietnam’s First Certified Green Loan to Fund 257MW Solar Project
B.Grimm Power, one of Thailand’s largest private power producers, has secured a green loan from the Asian Development Bank (ADB) to develop a solar power project in Vietnam.
Energy Storage Project
15-10-2020
CEC Awards US$1.2 Million to Indian Energy for Energy Storage Solution
Grants to help company demonstrate a non-lithium-ion, long-duration energy storage solution.
Energy Investment
13-10-2020
Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes
In Jordan, the European Investment Bank has signed an agreement with Cities and Villages Development Bank to support the implementation of the CVDB – Municipal Energy Efficiency Programme.
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.
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