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Energy Economy
Energy Investment
Toyo Invests In Japan’s Offshore Renewable Sector
Energy Investment
02-10-2021
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
Energy Investment
01-10-2021
GIG, TotalEnergies and RIDG to Participate in ScotWind Leasing Round
A consortium of Macquarie’s Green Investment Group 9GIG), TotalEnergies and Scottish developer RIDG has announced a bid for an offshore wind project west of the Orkney Islands, Scotland.
Wind Power Project
29-09-2021
Statkraft Sells Andershaw Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purchase price of £121m.
Electric Vehicle Battery
28-09-2021
China’s Evergrande Auto Cancels EV Listing on Exchange
China's key property developer Evergrande has abandoned plans to list its electric vehicle business on the Shanghai Stock Exchange because of a liquidity crisis since early this month.
Wind Power Project
28-09-2021
RWE Invests in Wind Energy Operations Hub in the UK
RWE is to make a major strategic commitment to the UK’s east coast with the creation of a state-of-the-art operations hub at Grimsby’s Royal Dock, England.
China
27-09-2021
China’s New Green Bond Issues to Reach $928m in 2021
Carbon emission reductions and carbon neutrality are among the hottest topics in the world. A total of five sub-forums at the 2021 Zhongguancun Forum, held from Friday to Tuesday,
Energy Investment
27-09-2021
Mitsubishi Invests in Laos Wind Farm
The 600-megawatt wind power plant in Sekong and Attapeu provinces in southern Laos, a first for the country, will be developed by Hong Kong-based Impact Energy Asia Development Ltd, or IEAD, from next year, with operations planned to start in 2025.
EU
27-09-2021
EU Magnesium Prices Surge by 80pc on China Cuts
European magnesium prices surged by 80pc yesterday amid supply cuts in China and depleted European stocks, leaving key end-users in the aluminium and titanium sponge industries grappling with rapidly escalating costs and uncertain production outlooks.
China
27-09-2021
China’s Silicon Export Prices up 60pc with Energy Curbs
Export prices were assessed at $8,500-8,550/t fob, up from $5,120-5,150/t fob over the same period.
China
26-09-2021
China Establishes Electricity Equipment Giant Through Merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets Supervision and Administration commission on Saturday.
Energy Investment
26-09-2021
DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access
The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-duration storage systems.
Hydropower Plant
24-09-2021
Hydro Plants Refinanced in Colombia
Holland & Knight has announced it advised Bancolombia S.A. as the lender in a refinancing of five hydroelectric power plants operated by Grupo LAREIF.
United Kingdom
23-09-2021
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of the UK's energy regulator said on Wednesday.
Energy Storage Battery
20-09-2021
Dominion Acquires 20MW Virginia Battery
East Point Energy sells Dry Bridge project which will come online next year
Thermal Plant
19-09-2021
Siemens Energy Bags Seal for Waste-to-Energy Plant in UAE
Siemens Energy will primarily supply electrical house substations to deliver distributed power to the entire process plant, which will be in continuous operations
Energy Investment
16-09-2021
EBRD Signs EUR 40 million Loan for Serbia’s Smart Metering Roll-Out
Serbia currently generates network losses of some EUR 200 million a year
Solar Power Plant
15-09-2021
France to Add 3.7GW of Solar Capacity with €5.7bn Aid
France is set to expand its portfolio of renewable energy capacity with an additional 3,700MW of solar energy using €5.7 billion in funding approved by the European Commission.
Energy Investment
15-09-2021
Algeria Aims for $2.6 billion Increase in Energy Investment Next Year
OPEC member Algeria plans to increase investment in its oil and gas sector by $2.6 billion next year to boost production by 8.9 million tonnes of oil equivalent
Energy Investment
14-09-2021
World Bank Approves Loan for Hydropower Plant in Indonesia
The hydropower plant will help Indonesia to meet electricity demand and support its decarbonisation goals.
Energy Investment
13-09-2021
Hanwha Q CELLS to Invest KRW1.5tr in Korea by 2025
Hanwha Q CELLS announced on Sept. 9 that it will invest 1.5 trillion won in domestic production and research facilities by 2025.
Energy Investment
13-09-2021
UAE and South Korea in Talks to Deepen Trade Ties
The countries are resuming talks about a multilateral trade agreement to boost their economic relationship
Energy Investment
12-09-2021
NZ Investor Sets up Singapore Clean Power Arm
New Zealand based investment company Infrantil is committing €197m to establish Gurin Energy, a renewable energy development platform headquartered in Singapore that will focus on greenfield renewable projects across Asia.
Energy Storage System
12-09-2021
Energy Vault Valued at $1.1 Billion After Merger
Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.
Energy Investment
11-09-2021
DOE Building a Bridge to Bankability for Nuclear
The private sector must be prepared to provide the funds needed to take new and innovative reactor technologies from the first deployment stage to wide-scale commercial operation, Jigar Shah, director of the Loans Program Office at the US Department
China
09-09-2021
China Launches Pilot Green Power Purchase Scheme
China has launched its first green power purchase scheme to encourage the use of renewable energy by offering market incentives.
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