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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
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.
Electric Car
10-06-2021
Volkswagen Invests $620 million in Northvolt to Secure Battery Supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and follows an initial 900 million euro investment in 2019.
Energy Investment
10-06-2021
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesday.
Trinidad and Tobago
09-06-2021
Trinidad and Tobago Laying the Foundation for a Hydrogen Economy
Hydrogen featured in Keith Rowley’s, Prime Minister of Trinidad and Tobago, speech on energy with the nation said to be exploring feasibility and regulatory aspects of a hydrogen economy.
EV Market
07-06-2021
Tesla's China Orders Fall by Nearly Half in May
Tesla Inc's vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the US electric carmaker.
Wind Power Project
07-06-2021
Engie Closes Financing of 150 million Dollars for Future Punta Lomitas Wind Power Plant
Engie Energía Perú closed a financing for 150 million dollars for up to 12 months in order to finance part of the estimated investment to develop the future Punta Lomitas Wind Farm.
Wind Power Tower
06-06-2021
CS Wind Takes over World's Largest Wind Tower Plant in the U.S.
CS Wind, the world's No. 1 wind turbine tower manufacturer, announced on June 3 that it has acquired a 100 percent stake in a U.S. plant of Danish wind turbine manufacturer Vestas for US$150 million.
Power Construction
05-06-2021
Canada Invests Over $960 Million in Grid Modernization, Renewable Energy Projects
The Smart Renewables and Electrification Pathways Program supports building Canada's low-emissions energy future and a renewable, electrified economy.
Hydrogen Technology
05-06-2021
SK Makes Strategic Investment in Clean Hydrogen Company Monolith; “Cyan Hydrogen”
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith, a US company that has developed a plasma-based process to produce “cyan” hydrogen—between green and blue
Rosatom
04-06-2021
Schneider Electric and Rosatom Expand Cooperation
Schneider Electric and Rosatom signed an agreement to extend a 2015 Memorandum of Understanding.
Energy Storage Project
04-06-2021
Agilitas Energy Acquires New England Energy Storage Project Developer
Renewable energy developer Agilitas Energy announced it has acquired Boston-based New England Battery Storage, a private energy storage developer focused on utility-scale battery-based projects.
Energy Investment
04-06-2021
SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company
SK Inc., the holding company of SK Group, is expediting the expansion of its eco-friendly hydrogen business, a key area of its ESG management.
Energy Investment
03-06-2021
EU, Bill Gates form $1 billion Clean Energy Pact
The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as green hydrogen and sustainable fuels.
Energy Investment
03-06-2021
Global Energy Investment to Rise by 10% in 2021
IEA report also finds more spending needed on clean power transition
Wind Power Company
03-06-2021
Orsted Plans $57 bln Drive to be No.1 in Green Energy
The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at limiting global warming.
Energy Investment
03-06-2021
IEA’s Energy Investment Report Shows Coal is Down But not Out
The International Energy Agency’s latest report reveals that while renewables dominate new power investment, and approvals for coal-fired plants are 80% below where they were five years ago, coal is not out of the picture.
Energy Investment
02-06-2021
Rosatom Issues “Green Bonds” for 100 billion Rubles to Finance Its Projects
The Moscow Exchange registered the exchange-traded bonds program of Atomenergoprom JSC, the company holding Rosatom’s civil assets.
02-06-2021
Westinghouse Completes Acquisition of Laveer Engineering
The acquisition expands Westinghouse's global CANDU capabilities
Nuclear Equipment
02-06-2021
Framatome Acquires Nuclear Tube Maker Valinox
France's Framatome today announced its acquisition of Valinox Nucléaire SAS - which specialises in the production of seamless steam generator tubes for nuclear power plants - from Vallourec Group. Valinox now becomes a subsidiary of Framatome
Crude Oil
02-06-2021
i3 Energy to Acquire Additional Stake in South Simonette Oil Property
i3 Energy is set to acquire an additional 49.5% interest in the South Simonette oil property in Lower Montney, Canada, from Anegada Oil.
Nuclear Power Plant
01-06-2021
Vattenfall Invests $1.2 Mln in Estonian Nuclear Energy Start-Up Fermi Energia
Swedish state-owned utility group Vattenfall Group AB said Monday that it has agreed with Estonian nuclear-energy start-up Fermi Energia to become a minority shareholder of the company with a seed investment of 1 million euros.
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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
