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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Electric Car
08-03-2022
U.S. Clean Energy Investments Topped $100b in 2021
A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.
Rooftop PV System
07-03-2022
France Announces 52 Winners in Rooftop Solar Tender
France’s first tender for commercial and industrial (C&I) rooftop solar systems under the country’s PPE2 multi-year energy procurement programme has resulted in 52 winning projects.
Indonesia
04-03-2022
BW Offshore Wins Extension Deal for Sold FPSO
BW Offshore informed on Wednesday it had received a one-year contract extension for the lease and operation of the FPSO BW Joko Tole.
Wind Farm
03-03-2022
CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables
Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2
03-03-2022
Europe Looks for Alternatives to Russian Energy
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.
03-03-2022
Firm, Siemens Energy Seal Power Deal
Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to build 2 X 10Mw SGT 400 turbine power plant for its data centre facilities.
Energy Investment
01-03-2022
The Strategic Importance of Ukraine’s Energy Infrastructure
Enlit Europe spoke to Christopher de Vere Walker, Director of SEEPX Energy, geospatial data and infrastructural risk specialists with a focus on Russia, Ukraine and Central Asia.
01-03-2022
Hy2gen Raises Record €200m Green Hydrogen Investment
Green hydrogen investment platform Hy2gen completed a €200m ($227m) investment round in mid-February – the largest private green hydrogen-focused capital raise to date.
Wind Farm
01-03-2022
Shell Buys into Australian Wind Farm Developer with $4 bln Project Portfolio
Global oil and gas major Shell Plc has agreed to buy a 49% stake in wind farm developer WestWind Energy's Australian arm as it looks to build a low-carbon power generation business in the country, the two companies said on Tuesday.
Joe Biden
01-03-2022
Biden Set to Push Plan to Lower Energy Costs
President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower costs related to energy and shipping.
01-03-2022
Chevron Is Buying Renewable Energy Group for $3.15 Billion
Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.
Australia
28-02-2022
Australia’s Squadron Plans $2.2bn Renewables Project
Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.
27-02-2022
Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project
Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in renewable energy in central Queensland.
Offshore Wind Power
26-02-2022
U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.
Natural Gas
24-02-2022
Hydrogen Generation Could Become a $1 Trillion Per Year Market, Goldman Sachs Says
Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to Goldman Sachs.
23-02-2022
21st Century, Siemens Energy Seal Turbine Technology Power Deal
Information technology company, 21st Century Technologies Limited, has struck a new deal with Germany-based energy company, Siemens Energy, to build 2 X 10MW SGT 400 turbine power plant for its data centre facilities.
Solar Power Panel
23-02-2022
LG to Exit Global Solar Panel Business
LG Electronics Inc. is exiting the global solar panel business. The decision, approved Feb. 22 by the LG board of directors in South Korea.
Crude Oil
23-02-2022
Norway’s January Oil Output Sinks Below Predictions
Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a decrease compared to figures from December.
Rooftop PV System
22-02-2022
Solar Marketplace EnergySage Sells Controlling Stake to Schneider Electric
French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look to scale its business globally.
Hydrogen Project
22-02-2022
Green Hydrogen Platform Closes €200m Fund Raise
Green hydrogen investment platform Hy2gen has completed a €200m investment round.
Energy Investment
22-02-2022
Siemens Energy Top-10 Investor Urges Management to Buy Siemens Gamesa
Siemens Energy (ENR1n.DE) should buy the rest of wind turbine maker Siemens Gamesa (SGREN.MC) to accelerate a turnaround at the Spanish-listed firm, Deka, the second top-10 shareholder in as many weeks to call for the takeover, said on Monday.
Solar Cell
21-02-2022
China's PV Exports Rose 60% to $28.4b in 2021
China saw strong exports in photovoltaic products (PV) last year as the world picked up efforts to cope with climate challenges.
Coal Trade
21-02-2022
Russia, China Agree New Coal Deal for 100 Million Ton Supply
Russia and China have agreed on a new deal that will see Russia supply 100 million tons of coal in the "coming years" to its southern neighbor.
Hydropower Plant
17-02-2022
Guangdong No. 2 Hydropower Soars After Joining USD2.6 Billion New Energy Project
Shares of Guangdong No. 2 Hydropower Engineering surged nearly 10 percent after the renewable energy construction engineering company said it will participate in a new project with a total investment of up to CNY16.8 billion (USD2.6 billion).
Natural Gas
16-02-2022
Putin Says Nord Stream 2 Would Cement Europe's Energy Security
Putin reiterated on Tuesday after meeting German Chancellor Olaf Scholz that the Nord Stream 2 gas pipeline, which is still awaiting regulatory approval, is a "purely commercial" project which will strengthen Europe's energy security.
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Most views from Energy Economy
1
TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
2
Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
3
ADB and Acwa sign US$116 million financing package to support wind power in Uzbekistan
4
Google signs PPAs on 400-MW Texas solar project portfolio
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Equinor aims to sell 8% stake in solar energy firm Scatec
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Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
