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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Market Analysis
10-01-2022
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal du Dimanche.
EU
09-01-2022
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Wind Energy Technology
07-01-2022
BW Ideol Signs Investment Agreement for Offshore Floating Wind Projects
The floating wind projects will be equipped with BW Ideol’s patented damping pool technology.
Offshore Wind Power
07-01-2022
NY Plans $500m Offshore Wind Supply Chain Spend
Governor Kathy Hochul pledges port investment and new 6GW grid
Solar Power Plant
07-01-2022
MOZAMBIQUE: Globeleq Closes Financing for Its Cuamba Solar Power Plant
UK-based independent power producer Globeleq has announced the financial close of its Cuamba solar project in Mozambique.
Energy Storage Technology
05-01-2022
RNESL to Acquire UK’s Battery Technology Firm Faradion
RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.
RCEP
05-01-2022
RCEP Set in Motion, Giving a Shot in Arm to Global Economy
The Regional Comprehensive Economic Partnership, taking effect on Saturday, shines rays of hope through the dark clouds of unilateralism and protectionism.
EU
03-01-2022
Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments
The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment.
Energy Storage Battery
03-01-2022
Eolus Sells 120MW US Battery
The Swedish developer has secured a deal with Aypa Power for the Cald storage project in Los Angeles
Energy Investment
03-01-2022
Iran to Add 10GW to Renewable Energy Capacity
Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding on Sunday for cooperation in the construction of renewable power plants to generate 10,000 megawatts (10 gigawatts) of electricity across the c
RCEP
31-12-2021
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
Energy Security
30-12-2021
Chinese Energy Firm’s Projects in Iraq Operate ‘Normally’ After Attack
China's ZPEC said on Wednesday that all of the company's projects in Iraq are operating normally, and the attack would not affect the normal construction and operation of these projects.
Energy Investment
29-12-2021
Japan to Invest in Cambodia’s Renewable Energy Sector
The renewable energy investment projects are in line with the government’s strategy on power development
China
29-12-2021
23rd China Hi-Tech Fair kicks off in Shenzhen
The 23rd China Hi-Tech Fair kicked off both online and offline on Monday in southern China's tech hub of Shenzhen, showcasing a number of advanced products and technologies.
China
28-12-2021
Amid Global Energy Crunch, China’s Economic System Prevails Again
In late September, as an unusual cold wave arriving weeks earlier than previous years took the country by surprise, many residents in Northeast China were caught off guard by sudden power cuts.
Coal-Fired Power Plants
27-12-2021
Japan's Shikoku Electric Buys 15% Stake in Coal Power Plant Project in Vietnam
Japan's Shikoku Electric Power Co Inc has announced that it had invested more than 10 billion yen to buy a 15% stake in the Vung Ang 2 coal-fired power plant project in Vietnam, despite the global trend to move away from coal.
Energy Investment
27-12-2021
EGYPT: Al-Nowais to Invest $1bn in Solar and Wind Farms
UAE-based investment company Al Nowais intends to invest $1 billion to develop two solar and wind farms in Egypt.
Power Construction
23-12-2021
World Bank $500m Loan to Modernize Bangladeshi Grid
Investment is required so electricity distribution networks can be upgraded to keep pace with an explosion in generation capacity over the last decade, and to harness the potential of renewables and energy storage.
Energy Investment
22-12-2021
Indonesia Eyes Massive Investments in Renewable Power
The Southeast Asian nation is currently heavily reliant on coal for power generation.
Energy Investment
22-12-2021
China Three Gorges Plans to Pour $6.47 Billion Into Three New Wind Farms
China Three Gorges Corp. plans to invest nearly 41.2 billion yuan in building three offshore wind farms in southeastern China’s Guangdong province, the state-owned energy giant said Monday.
Hydropower Plant
20-12-2021
Bangladesh Trying to Import 500 MW Hydro-Electricity from Nepal
Power Cell director general Mohammad Hossain has said that Bangladesh is trying to import 500 MW of hydro-electricity from Nepal.
Energy Investment
18-12-2021
Australian Resource Investment Rises in 2021
Investment in committed resource and energy projects in Australia rose in the 12 months to the end of October from a year earlier, led by increased investment in iron ore and upstream oil and gas that reflect a catch-up on projects deferred from 2020
EV Market
16-12-2021
Hyundai and Kia Sell More Cars in India Than in China
Hyundai Motor Co.’s sales in India has surpassed its sales in China for the first time in 18 years.
Power Construction
16-12-2021
SOMALIA: $150 million to Provide Electricity Access to 7 million People
The World Bank approves a $150 million loan to Somalia.
Thermal Coal
15-12-2021
HSBC Says It will Phase out Financing of Thermal Coal by 2040
HSBC Holdings is planning to phase out the financing of coal used for generating electricity by 2040, the latest bank to commit to ending support for the greenhouse gas-intensive fossil fuel.
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Most views from Energy Economy
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3
VinEnergo to invest $8 billion in Gia Lai wind power complex
4
Brookfield, La Caisse Acquire Clean Energy Platform Boralex for $6.5 Billion
5
UK plans to launch 6-GW offshore wind leasinground in 2027
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TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
