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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

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.
Hydrogen Project
15-06-2021

Report: Egypt to Invest up to $4B in Green Hydrogen Project
Egypt is planning to invest up to $4 billion in a project to generate green hydrogen via electrolysis
Coal Mine
13-06-2021

Vale to Pay US$2.5 billion to Acquire Coal Assets
With the settlement of the project finance, all conditions precedent for the completion of the transaction for the acquisition of Mitsui's stakes in the Moatize coal mine and the NLC are fulfilled...
Substation
12-06-2021

SPX to Sell Transformer Solutions Business to GE-Prolec
US-based infrastructure company SPX has signed an agreement to sell its Transformer Solutions business to GE-Prolec Transformers, together with its affiliates Prolec GE, for $645m.
China
11-06-2021

Shares in Group Linked to China’s Three Gorges Dam Surge on Debut
China Three Gorges Renewables Group’s stock surged by 44 per cent on its debut after the company raised $3.6bn in China’s largest initial public offering of 2021.
Energy Investment
10-06-2021

Singapore Places $1.8 billion for Green Investments
At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign reserves as part of the central bank's green investment program.

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