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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

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.
17-03-2021

Neste Selects Rotterdam as a Location for Its Possible Next World-Scale Renewable Products Refinery
Neste announced in March 2020 an intention to increase its renewable products production capacity in Europe according to the company strategy.
Nuclear Power Plant
17-03-2021

Westinghouse Plans Investment in Polish Nuclear
Westinghouse Electric Company has announced its intention to invest in nuclear technologies in Poland, following a meeting in Warsaw between Westinghouse CEO Patrick Fragman and Polish Secretary of State for Strategic Energy Infrastructure Piotr Naimski.
United Kingdom
17-03-2021

Octopus Renewables Looks to Further Growth After Strong First Year Results
Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets.
United Kingdom
17-03-2021

EDF Acquires 100MW of Solar as UK Portfolio Continues to Grow
EDF Renewables has acquired two grid scale solar projects, adding 100MW to its growing UK portfolio.
United States
17-03-2021

Third Energy Firm Declares Bankruptcy in Texas Snow Storm Fallout
Griddy Energy, the Texan energy supplier that encouraged customers to leave its service during recent snowstorms, has become the third energy firm in the state to file for bankruptcy as a result of grid disruption.
Energy Investment
16-03-2021

Porsche Invests EUR 70 million in Croatia’s Rimac Automobili
Porsche has increased the share of its ownership in Croatia’s electric car producer Rimac Automobili to 24% with an investment of EUR 70 million.
16-03-2021

The Bitcoin Energy Challenge
As the Bitcoin price surges so does the energy consumption as mining increases, but management and regulatory options are possible.
Natural Gas
16-03-2021

Kazakh State Energy Firm to Retain Ownership of Gas Division
KazMunayGaz is the oil-exporting nation's biggest borrower on the Eurobond market, and some analysts had expressed concerns that the government's plan to hive off the gas unit would weaken KazMunayGaz's credit profile
Solar Power Plant
16-03-2021

Burkina Faso to get 30MW Solar Plant for National Grid
The Emerging Africa Infrastructure Fund will finance 80% of the construction of Urbasolar SAS’ new solar plant planned for 250km south-east of Ouagadougou, Burkina Faso.
RCEP
10-03-2021

China has Officially Ratified RCEP Deal: Commerce Minister
The Chinese government has officially ratified the Regional Comprehensive Economic Partnership agreement, Minister of Commerce Wang Wentao said Monday.
Energy Investment
10-03-2021

Wells Fargo to Deploy $500bn in Sustainable Financing by 2030
Wells Fargo has announced plans to invest $500bn in sustainable financing by 2030 to support the transition to a low-carbon economy.

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