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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
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.
Oil Field
06-09-2021
Iraq and Total Sign $27 bln Energy Projects Deal
France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country's oil minister said.
Oil Field
05-09-2021
Mubadala Petroleum Finalises $1bn Deal for 22% Stake in Israel's Tamar Gas Field
The company already operates in the Eastern Mediterranean within the Zohr gas field
Oil & Gas Trade
05-09-2021
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company’s massive Vostok oil project, the Economic Times reported, citing unnamed sources.
Oil & Gas Trade
04-09-2021
Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets
Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.
Rosatom
04-09-2021
Rosatom and Russia’s Far East and Arctic Development Ministry Sign Cooperation Agreement
Rosatom signed a cooperation agreement with the Ministry for the Development of the Russian Far East and Arctic in the framework of the VI Eastern Economic Forum.
Wind Farm
02-09-2021
Octopus to Acquire 181MW Oz Project from RES
Octopus Australia is to acquire the 181MW Dulacca Wind Farm in Queensland from RES.
Energy Investment
02-09-2021
National Grid Acquisition of PPL WPD Investments Approved by CMA
WPD delivers electricity to more than eight million customers and employs more than 6,500 people.
Energy Investment
01-09-2021
Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.
Power Construction
01-09-2021
Kuwait Seeks Investors to Finance Three Power Projects
About 7,500 megawatts of the 14,000 MW it needs over the next 20 years will come through these partnerships, which industry sources say will require investments of billions of dollars
Wind Power Project
31-08-2021
Aquila to Sell Statkraft Finnish Wind Power
Norwegian energy company Statkraft is to buy electricity from German real asset investment manager Aquila Capital from wind farms in Finland under power purchase agreements.
Russian Federation
26-08-2021
Rosatom-Organized Expedition to the North Pole for Talented Russian Pupils and Students Concludes
On August 24, 2021, the educational expedition to the North Pole Icebreaker of Knowledge.
Rosatom
25-08-2021
Rosatom Holds Educational Expedition to North Pole for Talented Russian Students
From 14 to 24 August, Rosatom conducts an educational expedition to the North Pole on the “Icebreaker of Knowledge.
Energy Investment
24-08-2021
Chinese Developer Picks up 450MW Spanish Portfolio
China Three Gorges Europe acquires 11 wind farms and one solar project
Nuclear Power Plant
23-08-2021
Russian Nuclear Power Plants Insured for $27 bln
The insurance case is recognized as loss, damage of insured property as a result of radiation impact, fire, lightning stroke, explosion
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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
5
Equinor aims to sell 8% stake in solar energy firm Scatec
6
Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
