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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Energy Investment
01-06-2021
Rosatom Preparing With France Mechanism For Financial Support For Foreign NPP Projects
Rosatom Preparing With France Mechanism For Financial Support For Foreign NPP Projects
Energy Transition
31-05-2021
Commonwealth Puts $20 mill into Amber, Helping Energy Customers Ditch Exxie Fossil Fuels for Renewables
That’s the Commonwealth Bank of Australia we’re talking about, not the Commonwealth Government … but someone has to lead the way. Sustainability-savvy CBA is placing an investment bet on innovative energy retailer, Amber.
Energy Transition
28-05-2021
Greece Eyes Green Energy Shift with $21 billion in Projects
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a greener economy, a government adviser said.
Offshore Wind Power
28-05-2021
SSE Plans to Invest $2.8bn in Low-Carbon Power Projects
UK-based energy company SSE is planning to invest almost £2bn in low-carbon power projects this year.
Hydrogen Project
26-05-2021
€120m Green Energy Facility Planned for Cork
Green energy company - EI-H2 - has announced plans for Ireland’s first Green Hydrogen facility.
Oil Shale
25-05-2021
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in a company with a total enterprise value of around $17 billion.
Hydropower Plant
25-05-2021
ADB to Finance 300MW Hydropower Plant in Pakistan
The Asian Development Bank will offer a $300m loan to finance the construction of a hydropower plant in Pakistan.
Energy Investment
24-05-2021
RWE and BASF Plan $4.9 billion Wind Power Project
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro offshore wind power project to cut emissions at Germany’s most energy-intensive industrial site.
RCEP
24-05-2021
Media, Think Tanks Set to Boost RCEP Exchanges
The Regional Comprehensive Economic Partnership agreement will help its participating countries forge more open economic relationships and improve trade liberalization, officials and experts said.
Coal-Fired Power Plants
24-05-2021
G7 Countries Agree to Stop International Funding for Coal-Fired Power
Coal is considered unabated when it is burned for power or heat without using technology to capture the resulting emissions, a system not yet widely used in power generation.
Hydrogen Project
22-05-2021
Air Liquide to Refinance Hydrogen Projects with Launch of €500m Green Bond Issue
Air Liquide has launched its first green bond issue, raising €500m, that will be dedicated to financing and refinancing the development of several sustainable projects such as hydrogen.
Energy Investment
21-05-2021
Spain, Among the 10 Most Attractive Countries for Investment in Wind Energy
The United States and China hold the first and second place, respectively, followed by India.
Zimbabwe
21-05-2021
Zimbabwean Energy Minister Says 40 pct of Fuel Should be Priced in Local Currency
Zimbabwe's energy minister Soda Zhemu has said 40 percent of its fuel should be sold in local currency.
Oil Field
19-05-2021
BP in Talks to Sell 28% Stake in UK North Sea Field
The company had agreed last year to sell the Shearwater and Andrew projects to Premier Oil but the deal fell through
Solar Company
19-05-2021
Deloitte Resigns as GCL-Poly Auditor Over Project Prepayment Vagueness
Deloitte Touche Tohmatsu is no longer the auditor of GCL-Poly Energy Holdings Ltd as the two were unable to reach a consensus on the scope of an independent forensic investigation into a previously made prepayment for a now terminated project.
Wind Power Project
17-05-2021
Trungnam Group Sells Stake in Wind Power Plant
The Trungnam Group has sold a 35.1 percent stake in its central Vietnam wind power plant to Japanese energy investor Hitachi Sustainable Energy
14-05-2021
Tesla Stops Accepting Bitcoin As Payment
Less than two months after Tesla’s Elon Musk said the company will be accepting bitcoin as payment for EVs, the company’s CEO did a U-turn, tweeting that Tesla will no longer accept the cryptocurrency because of its carbon footprint.
Power Construction
14-05-2021
Two Major Grids' Profits See High-Voltage Rebound
Profits at China's two major power grid operators have witnessed a sharp rebound during the first quarter, thanks to the domestic economic recovery, and the trend is expected to continue throughout this year, said analysts.
Carbon Neutral
14-05-2021
Eni to Splash €5.7 bln by 2024 in Carbon-Neutrality Push
Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.
Thermal Coal
13-05-2021
China’s Coal Futures Hit Record As Exchange Tries to Cool Rally with Fee Hike
Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
Hydropower Plant
11-05-2021
Additional Investment Announced for Kivalliq Hydro-Fibre Link Project, Canada
Additional investment of around $3 million has been approved to support the potential development of a hydroelectric and fibre-optic link that would connect communities in the Kivalliq region of Nunavut to Northern Manitoba, Canada.
LNG
11-05-2021
MIC Approves $2.5bn Investment for Myanmar Power Plant
MIC announced the investment at a meeting chaired by State Administration Council member and MIC chairman, Lieutenant–General Moe Myint Tun, along with other members of MIC.
Energy Investment
11-05-2021
The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
United Arab Emirates
10-05-2021
First Green Mortgages Issued in UAE Through HSBC Bank
Climate change has become a global pressing issue and governments and private entities are racing to find new ways to incentivise green investment
United Arab Emirates
10-05-2021
Dana Gas Year on Year Profits Leap 41pc in Q1
Abu Dhabi-listed Dana Gas reported net profits of $24mn in the first quarter of this year, up 41pc versus the corresponding quarter in 2020, as it boosted production from the Khor Mor gas field in the semi-autonomous Kurdistan region of northern Iraq.
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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
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Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
