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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

United Kingdom
23-11-2022

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure
Jordan
22-11-2022

Masdar and Jordan’s Ministry of Energy Explore 2GW of Renewables Projects
Renewable energy company Masdar has signed a Memorandum of Understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to collaborate on the development of up to 2GW of renewable energy projects.
United States
21-11-2022

U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailand on Sunday following a regional summit.
France
21-11-2022

France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas prices and help them compete with German businesses, its finance minister said on Saturday.
Italy
21-11-2022

New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the impact of high energy prices while postponing some of its most lavish election promises.
Natural Gas
21-11-2022

Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources
The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in the sector gave hope they can cash out for top dollar, people familiar with the matter said.
Israel
21-11-2022

Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investments in renewable energy projects across Europe, the firm said on Friday.
Czech Republic
20-11-2022

Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden of soaring prices on households and businesses.
19-11-2022

EIB Approves €4bn in Clean Energy Investment
The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enhance energy efficiency and increase renewable energy sources across Europe.
Energy Transition
18-11-2022

Just Transition Support Platform for Developing Countries Launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
Energy Transition
17-11-2022

Indonesia to Get $20B Under Just Energy Transition Partnership
The country’s plans include peaking the power sector’s total emissions by 2030.
South Korea
17-11-2022

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, the company said on Thursday.
Hydrogen Project
17-11-2022

Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
Wind Turbine
16-11-2022

Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh
Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division Siemens Gamesa.
Carbon Emissions
16-11-2022

US Launches $50M Pilot to Help Non-profits Make Critical Energy Upgrades
Organisation can purchase materials and implement building upgrades to decrease utility costs and help reduce carbon emissions in commercial buildings.
Net Zero Emission
15-11-2022

Alliance Launches to Accelerate Green Infrastructure Finance in Africa
The African Union, the African Development Bank and Africa50 together with several global partners launched a multi-billion alliance for green infrastructure.
United Kingdom
14-11-2022

UK Unboxes £65m Clean Tech Investment at COP27
The new funding aims to make clean technologies accessible and affordable to developing countries.
Crude Oil
14-11-2022

UK Considering Big Increase in Energy Windfall Tax, Sources Say
British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries to find ways to repair the country's public finances.
Germany
14-11-2022

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies
Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas or electricity price subsidies.
Energy Transition
12-11-2022

Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Transition
11-11-2022

IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
Wind Farm
11-11-2022

RWE and Koehler Paper Sign Green Power Agreement
RWE Supply & Trading and Koehler Paper have agreed on a long-term green power supply of up to 175,000MWh per year.
Energy Transition
11-11-2022

Brookfield Bets $11.8 Billion on Australia’s Energy Transition
Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way to access big opportunities in Australia’s clean energy transition.
Energy Transition
11-11-2022

AIIB, GEAPP to Invest $1b for Energy Transition Projects
They will identify co-financing opportunities in both the public and private sectors.
Energy Transition
11-11-2022

Show Us the Money: Developing World at COP27 Seeks Financing Details
Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back to help poorer countries cut emissions and adapt to the impacts of global warming.

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