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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Indonesia
23-08-2021
Japan's JERA Sells Stake in Indonesia's Coal Power Plants Operator
The move comes as companies worldwide step up their efforts to offload coal-related assets amid pressure to reduce exposure to fossil fuels to cut harmful carbon dioxide emissions and slow climate change
CNOOC
22-08-2021
CNOOC's First-Half Profit more than Triples
China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.
Market Analysis
20-08-2021
Impact of North Sea Link on GB Energy Market
June 2021 saw the first electricity flows across Britain’s latest interconnector, the 1.4GW North Sea Link with Norway.
Oil Field
20-08-2021
GS Group Sells off Entire 30% Stake in Nemaha Oil Field in Oklahoma
GS Global and GS Energy sold off their entire 30 percent stake in an oil field in Oklahoma of the United States in July
Ammonia
17-08-2021
New Ammonia-Based Group Established to Boost the Norwegian Hydrogen Economy
A new ammonia-based company has been launched today aiming to provide a competitive advantage for the growing hydrogen economy in Norway by creating green ammonia.
Energy Investment
16-08-2021
Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments
Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.
Energy Investment
16-08-2021
Endesa will Invest 315 million in the Construction of 350 MW of New Wind Energy and Solar Power in Cuenca
Endesa, in its commitment to the total decarbonisation of the energy mix and the development of renewable projects, continues to analyze its own projects and acquire renewable power portfolios from third parties with extensive experience.
Microgrid
13-08-2021
Mitsubishi Electric Enhances Distributed Energy Resources Management with Acquisition of Smarter Grid Solutions
SGS is a leading global provider of distributed energy resources management software for power distribution utilities and DER operators.
Hydropower Plant
13-08-2021
L&T Sells Hydro Plant to Renew Power
Indian multinational Larsen & Toubro is selling a 99MW run-of-river hydroelectric plant owned by its subsidiary LTUHPL to Renew Power Services Private Limited as it continues to focus on divesting non-core assets and i
12-08-2021
Ultrafast Battery Charging Company ADS-TEC Energy goes Public
Business Combination with EUSG Enables Expansion and Scale-up of ADS-TEC Energy Platforms into European and US Markets
Energy Investment
11-08-2021
Ambri Receives $144m Investment for Battery System Manufacturing Plants
Ambri will use the funding to commercialise and grow its long-duration system technology.
Power Construction
09-08-2021
Egat to Import More Electricity from Laos
Additional 1,200MW under long-term deal
Nuclear Reactor
09-08-2021
Framatome Acquires RCM Canada Nuclear Power Division
French nuclear infrastructure firm Framatome is acquiring a Canadian company that will help broaden its reactor work in that nation and beyond.
Solar Power Plant
07-08-2021
Zaev: North Macedonia to Invest in 700 MW Solar Power Plant with Serbia, Albania
North Macedonia’s Prime Minister Zoran Zaev said after a meeting with the leaders of Albania and Serbia that they would jointly invest in a photovoltaic system of 700 MW.
Cooperation case
07-08-2021
China's Fortune Global 500 Companies Rise to 143
Chinese companies have thronged the 2021 Fortune Global 500 list amid steady economic fundamentals and healthy business growth in the country.
Biofuel
07-08-2021
Shell Biofuel JV Starts Trading
Shell has begun trading shares of Raizen, its renewable energy joint venture with Brazilian energy company Cosan, on the Sao Paulo Stock Exchange, following an initial public offering.
Offshore Wind Power
06-08-2021
Beatrice Offshore Transmission Assets (OFTO) Sold
The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners as the preferred bidder for the offshore transmission licence for the Beatrice Offshore Windfarm as part of a competitive Offshore Transmission Tender
Energy-Eficient Building
06-08-2021
EU Backs Financing for Greener Homes and Businesses in North Macedonia
On successful completion of the projects, borrowers will be eligible for up to 20% cashback, funded by the European Union.
Offshore Wind Power
06-08-2021
TotalEnergies Eyes Stake in World’s Largest Offshore Wind Farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
Solar Power Plant
05-08-2021
PMSE Secures Financing for Cirata Floating Solar Plant in Indonesia
The floating solar plant is scheduled to begin commercial operations in the fourth quarter of next year.
Energy Investment
05-08-2021
Hyundai to Take Stake in German Hydrogen Fuelling Group H2 Mobility
Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.
Solar Power Plant
04-08-2021
Enlight Acquires Solar and Energy Storage Developer
Enlight Renewable Energy has achieved all required regulatory approvals to acquire a 90.1% share of Clēnera LLC, a company in the field of initiation, development, construction and operation of solar energy and U.S. energy storage projects.
Electricity Transmission
04-08-2021
Victoria Plans Grid Upgrades to Support Renewable Energy Zones
The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.
Wind Farm
03-08-2021
MET Group Acquires 60 MW Suvorovo Wind Farm in Bulgaria
Swiss-based gas and power trader and electricity producer MET Group has bought a 60 MW wind farm in Bulgaria within a plan to boost its operational renewable power portfolio in Central and East Europe to 500 MW by 2023.
India
03-08-2021
India’s Adani Sets up Petrochemical Subsidiary
Major Indian conglomerate Adani Enterprises has set up a new subsidiary, Adani Petrochemicals, to invest in refineries, petrochemical complexes, specialty chemical units, hydrogen and related chemical plants.
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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
