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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
RCEP
10-11-2021
Chinese Enterprises Embrace Opportunities with RCEP Taking Effect
Su Feili, owner of a foreign trade company in south China's Guangxi Zhuang Autonomous Region, was excited when learning that the Regional Comprehensive Economic Partnershipagreement, the world's largest free trade pact, will take effect on Jan. 1,
United States
09-11-2021
US Energy Prices Likely to Rise as Result of Winter Heating Pressure
US consumers will be hit with much larger heating bills than last year due to surging energy prices.
United Arab Emirates
09-11-2021
EGA Completes Expansion of Al Taweelah Smelter to Boost Production Capacity
Company sold 1.18 million tonnes of cast metal to customers in more than 50 countries during the first half of 2021
Energy Investment
05-11-2021
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Morocco
05-11-2021
Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy
Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.
Energy Security
05-11-2021
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
RCEP
04-11-2021
RCEP Free Trade Pact to Take Effect in January
The Regional Comprehensive Economic Partnership, or RCEP, will come into effect in January.
Offshore Wind Power
04-11-2021
SSE Pacifico to Tackle Japanese Offshore Wind Market
SSE Renewables has formed a new joint ownership company called SSE Pacifico to pursue the development of offshore wind projects in Japan.
Electrification
03-11-2021
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in emerging economies worldwide.
Offshore Wind Power
03-11-2021
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2 GW Dogger Bank C project.
Energy Investment
02-11-2021
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greening’ the international agenda at the expense of true sustainability.
Wind Farm
02-11-2021
Siemens Gamesa Signs $400m Vietnam Agreement
Deal with BCG Energy inked on the sidelines of COP 26 in Glasgow
Electric Car
01-11-2021
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the new energy sector.
O＆M
01-11-2021
RES Completes Sale of Its Development and Construction Business
RES, one of the world’s largest independent renewable energy companies, has completed the sale of its development and construction business in France to Hanwha Solutions, following regulatory approvals and notifications.
Coal-Fired Power Plants
01-11-2021
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Glasgow, Scotland.
Energy Investment
31-10-2021
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Investment
31-10-2021
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Mexico
29-10-2021
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat.
Nuclear Power Plant
28-10-2021
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Wind Farm
28-10-2021
European Energy Sells Three Lithuanian Projects
European Energy has divested three wind farms in Lithuania - its largest disposal to date.
Net Zero Emission
27-10-2021
Bruce Power Launches Bruce Power Net Zero Inc
Canada’s Bruce Power on 21 October announced the launch of Bruce Power Net Zero Inc.
Oil Field
26-10-2021
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian Oil Company Mohsen Khojastehmehr.
Rosatom
25-10-2021
The Days of Chinese Culture at JSC “AEM-Technology”
In honor of the Day of the People's Republic of China, all the Branches of JSC “AEM-Technology” arranged the Days of Chinese Culture with attendance of the representatives of China, who now work at Russian industrial sites.
Oil & Gas Trade
22-10-2021
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected, if oil prices don’t pull back significantly next year.
China
18-10-2021
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
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Google signs PPAs on 400-MW Texas solar project portfolio
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