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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
05-07-2021
Hitachi ABB Power Grids is Evolving to Become Hitachi Energy
Hitachi ABB Power Grids announced that it will be evolving to become Hitachi Energy from October 2021.
Oil Field
05-07-2021
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Energy Storage Battery
02-07-2021
Conrad Energy Completes Strategic 44MW Battery Storage Asset Acquisition
The battery asset will provide immediate revenue for Conrad Energy and the company anticipates making further targeted acquisitions and placing equipment orders in the coming week
Oil Field
02-07-2021
Argentine Energy Firm CGC Buys Local Unit of China's Sinopec
The Chinese-owned unit operates over 20 oilfields in the San Jorge and Cuyo Basins in Argentina with assets covering some 4,600 square kilometers.
Energy Investment
01-07-2021
India’s NTPC to Expand Generation Capacity with $13.4bn Investment
NTPC, one of the largest power generation companies in India has announced plans to expand its renewable energy capacity to meet growing energy demand and sustainability targets.
United Kingdom
30-06-2021
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to reduce energy costs by 20%.
Vietnam
29-06-2021
Mainstream to Buy Stake in 405MW Vietnamese Solar
Irish renewables company to acquire 80% of Technology and Development Joint Stock Company's portfolio
Solar Power Plant
29-06-2021
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project
The plant will feed 100 MW into the grid of the state-owned utility Eskom.
Oil Pipeline
28-06-2021
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is selling, the companies said on Sunday.
Offshore Wind Power
26-06-2021
Vattenfall to Sell 49.5% of the Offshore Wind Farm Hollandse Kust Zuid to BASF
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid in the Netherlands.
Energy Storage Battery
25-06-2021
Battery Industry Could Boost Australia’s Economy By $5.6 Billion
Australia has a chance to boost its economy by US$5.6 billion and become a leading player in battery chemistry and technology if it expands its raw materials-focused industry into a diversified sector encompassing the entire battery cell value chain
Solar Power Plant
25-06-2021
AFRICA: FSD Invests $4.5m in Nithio for Solar Kits in Three Countries
FSD Africa Investments, the investment arm of FSD Africa, is investing $4.5 million in Nithio.
Electric Car
24-06-2021
Umicore Announces Equity Investment in Solid-State Battery Company Solid Power
This stake was built through two successive investment rounds which Solid Power raised before launching the next phase of its growth through a public listing.
Nuclear Power Plant
24-06-2021
US DOE to Offer Funding for Nuclear Energy Projects
The funding will support projects that will improve resiliency and develop carbon-free nuclear power.
Energy Investment
24-06-2021
Mubadala Acquires 2.6% Stake in Russian Aluminium Company En+
The deal increases the Abu Dhabi sovereign fund's stake size to 2.86% in total
Wind Turbine
23-06-2021
Sulzer Schmid Closes Series B Round to Drive Its Transition from Tech Start-up to Major Enterprise
Sulzer Schmid, a Swiss company pioneering UAV technology for wind rotor blade inspections, announced today that it has completed a series B round.
Energy Transition
22-06-2021
Japan Pledges $10 billion Financial Support for Asia’s Energy Transition
Japan on Monday pledged to offer $10 billion financial aid for decarbonisation projects in Asia, such as renewable energy, energy-saving and conversion to gas-fired power generation from coal-fired power to help with an energy transition.
Energy Investment
22-06-2021
Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium
Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East
Energy Investment
22-06-2021
UAE was the World's 15th-Biggest Recipient of Foreign Investment Last Year
The Emirates secured more capital from global investors than the UK in 2020
Thermal Plant
21-06-2021
Adani Power to Acquire 1,200 MW Essar Power's Mahan Project
The country's largest power producer in the private sector, Adani Power Limited, will acquire the 1,200 megawatt Essar Power's Mahan Project
Energy Transition
21-06-2021
Amara Raja Plugs into New Energy
The auto battery major gears up for electric mobility with new leadership
China Belt and Road
20-06-2021
China's Investment into BRI Countries Expands in Jan.-May
China's outbound direct investment into countries involved in the Belt and Road Initiative increased in the first five months, official data showed.
Crude Oil
17-06-2021
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its most profitable oil-and-gas assets and grow its low-carbon investments.
Electric Car
17-06-2021
GM To Boost EV Investments By 35% By 2025
GM plans to increase investments in electric vehicles by 35 percent from earlier plans over the next five years to $35 billion as the company eyes one of the top spots in this market.
Energy Investment
16-06-2021
Thailand Coal Power Company Acquires Solar Farms in Australia
The acquisition is part of the company’s commitment to greener energy.
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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
