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Belt and Road
MENA Gas Investments Surge to $126bln
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Minister Pun Urges Bangladesh to Invest in Nepal’s Hydropower
The government has urged the Bangladesh government and the private sector to invest in Nepal’s hydropower sector.
bp Expands Footprint in India's Renewables Sector with GGEF Investment
Global energy company bp has announced it will invest $70 million to support the growth of renewable energy in India.
Offshore Wind Power
GIEK's Offshore Wind Portfolio Quadruples in H1 2020
The offshore wind portfolio of the Norwegian Export Credit Guarantee Agency has quadrupled since the end of last year.
Chevron to Buy Noble Energy in Deal Valued at $5 billion
Oil major Chevron has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.
Wind Energy Technology
Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device
Australian tech start-up, Ping Services, has raised a $1.3 million Seed funding round to accelerate growth and scale up manufacturing of Ping Monito.
ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round
The Australian Renewable Energy Agency has announced seven companies have been shortlisted and invited to submit a full application.
Risen Energy secures contract from Xinghai Group in Vietnam
China’s photovoltaic (PV) module producer Risen Energy has secured an engineering, procurement, and construction (EPC) contract from Xinghai Group in Vietnam.
Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.
U.S. Department of Energy Announces $21 Million for Research in EPSCoR States
Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Research.
UK Transmission Companies Criticise $32bn Ofgem Transition Fund
UK energy network regulator Ofgem has announced $32bn (£25bn) of funding to help the country’s energy distributors toward net-zero networks.
China Leads Global Efforts to Spur Trade
China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitate regional and global economic recovery.
SoftBank May Divest Stake in Indian Green Energy Firm SBG Cleantech
Japanese conglomerate SoftBank Group is reportedly in talks to sell its 80% stake in Indian green energy firm SBG Cleantech.
Solar Power Panel
US Solar Panel Supplier Sunrun to Acquire Vivint Solar for $3.2bn
Residential solar electricity provider Sunrun has signed a definitive agreement to acquire US-based Vivint Solar for an enterprise value of $3.2bn.
Coal India and NLC India form 5GW Power Generation Joint Venture
Coal India has formed a power generation joint venture with NLC India to develop solar and thermal power assets.
Oil & Gas Trade
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
Engie Sells Interest in 2.3GW Renewables Portfolio to Hannon Armstrong
French energy services company Engie has announced its intention to sell a 49% interest in its 2.3GW portfolio of commissioned US renewables.
German E.ON to Invest EUR 210 Million in Power Business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division.
Emmanuel Macron Commits €15bn to Definitive Climate Action
French President, Emmanuel Macron, has pledged an additional €15bn for measures to combat the climate crisis over the next two years.
Solar Power Plant
Portugal's EDP Backs Eight Renewable Projects Across Africa
Portuguese renewable energy company EDP has announced €500,000 in funding to help Africa accelerate its uptake of renewable energy.
Nepal Receives $200m ADB Loan for Power Transmission System Upgrades
The Asian Development Bank has agreed to give a $200m concessional loan to help upgrade power supply and transmission systems in Nepal.
Spain's Cabrera Solar Project Receives EIB Investment
The European Investment Bank has decided to invest €43.5m in Cabrera Solar Project in Andalusia, Spain.
China State Grid Completes a Wholly-Owned Acquisition of Chile's Chiquita Group
The project is also the largest investment project by Chinese companies in the field of Chile's energy and utilities.
Wells Fargo Signs Supply Agreement with Shell Energy and MP2 Energy
Financial services firm Wells Fargo has signed structured renewable energy agreements with Shell Energy North America and its subsidiary MP2 Energy for nearly 150,000MWh of renewable energy annually.
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Total Drives Green Strategy With €500m Zero-Crude Project
Vietnam Requires $133.3bn in Power Investment By 2030
Europe Announces First-Ever Renewable Energy Institute
NextEra Energy to Acquire Power Transmission Company GridLiance
ExxonMobil to Cut European Workforce By 1600
Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes