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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

Electricity Transmission
02-04-2021

NextEra Energy Transmission acquires GridLiance for $660m
US-based clean energy company NextEra Energy Transmission has acquired GridLiance Holdco and GridLiance GP (GridLiance) from affiliates of investment firm Blackstone.
China
02-04-2021

Sinochem, ChemChina Merger Finally Wins Approval
Chinese state-owned firms Sinochem and ChemChina have finally received merger approval from the SASAC, kicking off a long-awaited consolidation of the two companies with a combined asset value
Solar Company
02-04-2021

GCL-Poly, GNE to Sell 790 MW of Chinese Solar Plants to Cut Debt
Chinese polysilicon maker GCL-Poly Energy Holdings Ltd and its troubled solar plants operating unit GCL New Energy Holdings Ltd, or GNE, are preparing to sell interests in 790 MW of solar assets to a unit of China Three Gorges Group
Energy Transition
01-04-2021

Japan to Speed up Investment in Energy Transition
The Japanese government is working on domestic guidelines for local financial institutions providing climate transition finance, as part of efforts to create an efficient environment on energy transition investment in the run-up to 2050.
Hydropower Plant
01-04-2021

ADB Approves Loan for Hydro Construction in Pakistan
A 300MW hydropower plant to be built on the Kunhar river near Balakot City in Khyber Pakhtunkhwa Province, Pakistan, is to receive a $300 million from the Asian Development Bank to aid construction costs.
Energy Investment
29-03-2021

Saga Pure Takes 33% Stake in Liquid Hydrogen Storage Technology Company
Following the private placement, Saga will have an ownership of approximately 33% in the company.
29-03-2021

Octopus Energy Group to Acquire Sister Company Octopus Renewables
UK-based Octopus Energy Group has announced plans to acquire its sister company Octopus Renewables.
SINOPEC
29-03-2021

China's Sinopec Raises 2021 Capital Expenditure by 23.8%
Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural gas terminals in coastal areas, up from 56.4 billion yuan last year.
Crude Oil
29-03-2021

Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets
onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
United States
28-03-2021

Apple to Generate 1.2GW from 2020 Green Bond Projects
American multinational technology company Apple has announced that it will generate 1.2GW of renewable energy capacity from the green bonds the firm issued in 2020.
Liquid Hydrogen
28-03-2021

Saga Pure Invests $3.5m in Liquid Hydrogen Storage Technology Company
Saga Pure is to take a 33% stake in IC Technologies, a company developing a novel storage solution for liquid hydrogen and liquified natural gas.
Energy Investment
28-03-2021

UK Funds 254MW Clean Energy Projects in South Africa
UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.
26-03-2021

RWE Secures BBB+ Fitch Rating
Agency acknowledged German energy company’s focus on expanding renewables capacity
26-03-2021

Noble Corp. to Combine with Pacific Drilling
Offshore drilling contractors Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction.
Wind Farm
26-03-2021

RWE Makes Investment Decision on Sofia Offshore Wind Farm, UK
RWE has made a financial investment decision on its largest offshore project, the 1.4GW Sofia Offshore Wind Farm, in the UK.
Energy Investment
26-03-2021

Air Liquide to Invest €8bn in the Low-Carbon Hydrogen Supply Chain
Air Liquide is accelerating its hydrogen developments to at least triple its turnover to more the €6bn by 2035, the industrial gas giant has confirmed.
Energy Storage Battery
25-03-2021

VEST Energy Announces Battery Trading Agreement with IBNE
Cleantech trading house VEST Energy has signed a long term battery trading and offtake arrangement with Infra Balance New Energy.
United Kingdom
25-03-2021

Scottish Renewables Calls for Storage 'Price Floor'
Vital electricity storage capacity needed to help the UK meet its net-zero target should be supported by an innovative funding mechanism, new research from Scottish Renewables has found.
Rosatom
25-03-2021

Russia’s State Run Nuclear Energy Firm Buys 49% Stake in Korean Lithium-ion Battery Maker
A subsidiary of Russian state-controlled nuclear energy firm Rosatom has taken a 49% share of Enertech International, a South Korean manufacturer of electrodes, lithium-ion storage cells and energy storage systems.
Energy Investment
24-03-2021

Scatec to Invest $11.6bn in Renewables for 15GW Capacity Target
Renewable energy company Scatec has announced an investment of $11.6bn to increase its renewable energy generation capacity by 2025.
Solar Power Plant
23-03-2021

Downing Acquires 96MWp UK Solar PV Seed Assets Portfolio
Downing Renewables & Infrastructure Trust has acquired a 96MWp portfolio of UK solar PV assets for £42 million.
RCEP
23-03-2021

China Takes Lead in Ratifying RCEP Deal
China has taken the lead in ratifying the Regional Comprehensive Economic Partnership agreement, the Ministry of Commerce said on Monday.
Energy Investment
19-03-2021

Apple Invests $2.8bn in 17 Renewable Energy Projects in 2020
The projects will cut 921,000 metric tonnes of carbon emissions annually and help the iPhone maker to become carbon-neutral by 2030
Hydrogen Fuel Cell
19-03-2021

C-ALPS Receives £2m New Lab Investment for Hydrogen Fuel Cells
The Centre for Advanced Low-Carbon Propulsion Systems has received an investment of over £2m to establish a new hydrogen fuel cell development facility in Coventry University, England.
Qatar
18-03-2021

Qatar To Build A Luxury Floating Hotel That Generates Electricity
Qatar, one of the richest countries in the Middle East thanks to its massive LNG exports and oil reserves, plans to build a floating eco-hotel that would spin very slowly—like a record—to generate its own electricity via solar, wind, and tidal energy.

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