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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Uzbekistan
22-04-2021
Reforms in Uzbekistan’s Energy Sector and Cooperation with Major International Financial Institutions
Since September 2016, when Shavkat Mirziyoyev began his presidency, Uzbekistan has embarked on a process of deep economic and social reforms.
Hydrogen Project
19-04-2021
RWE and H2U Partner to Develop Global Hydrogen Trading Between Australia and Germany
RWE Supply & Trading and Australian hydrogen project developer The Hydrogen Utility Pty Ltd have joined forces to develop hydrogen trading between Australia and Germany.
Wind Power Project
19-04-2021
Ørsted Buys Brookfield Renewable Ireland, Enters European Onshore Wind
Danish wind turbine manufacturer Ørsted has announced its purchase of UK and Ireland onshore wind operator Brookfield Renewable Ireland.
Energy Investment
14-04-2021
'Catalytic' Billion-Euro Hydrogen Fund Led by Former Air Liquide VP Launched
Team of industry executives headed by Pierre-Etienne Franc sets up FiveT Hydrogen to spur utility-scale anchor projects
Energy Investment
14-04-2021
Chevron Invests in Offshore Wind Energy for First Time
Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines.
Offshore Wind Power
14-04-2021
PSEG Completes 25% Acquisition of Ocean Wind
Ørsted and PSEG have completed PSEG’s acquisition of a 25% equity interest in the Ocean Wind offshore wind farm.
Hydropower Plant
13-04-2021
Aitken Spence Expands Its Portfolio in Hydropower
Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Holdings PLC for Rs. 900 million.
Wind Turbine Blade
13-04-2021
Wind Turbine Blade Services Providers GEV and WPL Merge
U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab, a Danish firm providing intelligent technology based blade solutions to wind park operators.
Hydrogen Project
12-04-2021
World’s First Clean Hydrogen Investment Fund Launched
Independent asset manager FiveT Capital Holding have launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrastructure projects at scale.
Energy Investment
11-04-2021
Portugal to Leverage EIB Support to Develop Hydrogen Economy
A Memorandum of Understanding signed between the Portuguese government and the European Investment Bank is expected to help the country fast-track the deployment of hydrogen solutions.
08-04-2021
Shell to Make First Oil Output Profit Since Pandemic
Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.
Hydropower Plant
08-04-2021
Akuo Expands Hydropower Portfolio in Bulgaria
Renewable energy producer Akuo from France has completed the acquisition of PVB Power Bulgaria, a company with five hydropower plants.
Energy Investment
08-04-2021
Iberdrola Forges Spanish Investment Pact with Insurer
Partnership with MAPFRE targeting 1GW of wind and solar investments
United States
08-04-2021
Rice Acquisition Corp. to Combine Aria Energy and Archaea Energy into the Industry-Leading Renewable Natural Gas Platform
The combined Company will be named Archaea Energy (the “combined Company”), with an experienced executive team comprised of leaders from Archaea LLC and Aria.
Energy Investment
08-04-2021
US Investors form Renewables Player
NuQuest Energy has built a proprietary site-selection system for development push
Digitalization
07-04-2021
Dubai's Enoc Plans to Spend Dh250m on Digital Transformation
The company has already begun training staff on the role digitalisation will play in its growth over the next 15-20 years
Energy Investment
03-04-2021
Greece’s Recovery Plan to Invest €10bn in Clean Energy
The Greek government has published its plan for a post-Covid economic recovery. The strategy aims to mobilize at least €10 billion towards the green energy sector, with the prospect of further EU loans on top.
South Korea
02-04-2021
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especially the hydrogen economy.
Electric Vehicle Battery
02-04-2021
South Korean EV Battery Makers Losing Market Share to CATL and BYD
The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.
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.
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Most views from Energy Economy
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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
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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
