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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Offshore Wind Power
27-11-2020
Equinor and Partner Reach Financial Close on World’s Biggest Offshore Wind Farm
Dogger Bank wind farm owners, Equinor and SSE, have today announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally.
RCEP
26-11-2020
RCEP Reaffirms Shift in World’s Economic Power Center
Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people need.
Smart Energy
26-11-2020
Shanghai Electric and Siemens Energy to Establish Smart Energy Empowerment Center
The cooperation aims to build a smart energy empowerment center that can serve domestic and global energy industries.
Energy Investment
25-11-2020
Enel to Invest 160 bln Euros by 2030 in Clean Energy Drive
ENEL-PLAN/ (UPDATE 1)UPDATE 1-Enel to invest 160 bln euros by 2030 in clean energy drive.
Oil Field
24-11-2020
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is subject to obtaining certain regulatory approvals.
24-11-2020
BP Sells London HQ for Nearly $332 Million
Following reports that BP is preparing to sell its London headquarters, the oil major has now entered into an agreement for the sale of the HQ for £250.
Chile
23-11-2020
China State Grid Further Inroads into Chile’s Electricity Distribution Sector
Spanish energy company Naturgy’s 96.04% stake in CGE will cost State Grid €2.57 billion payable in cash once the transaction is completed, which is expected before the end of February 2021.
China
20-11-2020
Full Text: Keynote Speech by Chinese President Xi Jinping at APEC CEO Dialogues
Chinese President Xi Jinping on Thursday delivered a keynote speech via video at the APEC CEO Dialogues
Mexico
20-11-2020
China's SPIC Buys Mexican Renewable Power Firm Zuma Energia
China's SPIC has completed its purchase of Mexico's largest independent renewable power company Zuma Energia, SPIC said on Thursday, furthering goals to increase its overseas and green generation capacity.
Electric Vehicle Charging
20-11-2020
Total Completes Acquisition of 2k EV Charging Stations in Germany
Global energy company Total has completed the acquisition of some 2,000 electric vehicle charging points in Germany.
RCEP
19-11-2020
Xi Touts China's Huge Economy as Base of Free Trade in APEC Speech
President Xi Jinping pegged China as the pivot point for global free trade Thursday, vowing to keep his "super-sized" economy open and warning against protectionism in a global economy eviscerated by the Covid-19 pandemic.
RCEP
19-11-2020
China-Japan-SK FTA to Speed up with RCEP Push
A higher level trilateral free trade agreement among China, Japan and South Korea is likely to be reached sooner than expected.
RCEP
19-11-2020
Regional Comprehensive Economic Partnership and India
The deal was introduced during the 19th Asean meet held in November 2011. The RCEP talks started during the 21st Asean Summit in Cambodia in 2012 and was signed on November 15, 2020.
Blockchain
19-11-2020
‘Blockchain for Energy’ Consortium (Re)Launched
The oil and gas operators blockchain consortium has rebranded as the Blockchain for Energy consortium.
Solar Power Plant
19-11-2020
CrossBoundary Energy Raises $40m to Grow C&I Solar Projects in Africa
CrossBoundary Energy has announced the exit of its first fund at a 15% net internal rate of return to investors.
RCEP
19-11-2020
China Stresses Importance of Implementing RCEP Trade Pact
The State Council, China's cabinet, on Wednesday stressed the importance of domestic efforts to put the Regional Comprehensive Economic Partnership (RCEP) into practice as scheduled.
Blockchain
19-11-2020
Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
The project will lessen RECs acquisition time from three months to a week.
Wind Farm
18-11-2020
CIP and Forestalia to Invest in Wind Farm Portfolio in Aragon, Spain
Copenhagen Infrastructure Partners (CIP) and Forestalia have agreed to invest in a portfolio of 27 onshore wind farms under development in Spain.
RCEP
17-11-2020
Biden Says U.S., Allies Need to Set Global Trade Rules to Counter China's Influence
U.S. President-elect Joe Biden said on Monday the United States needed to negotiate with allies to set global trading rules to counter China’s growing influence but declined.
RCEP
17-11-2020
‘India not to Re-Join RCEP Talks on Existing Terms’
New Delhi to avoid FTAs that are actually trade pacts with China ‘by stealth’, say officials
RCEP
17-11-2020
Commentary: RCEP Agreement Victory for Multilateralism, Free Trade
The signing of the Regional Comprehensive Economic Partnership, the world's biggest trade pact, by 15 Asia-Pacific countries Sunday represents a victory for multilateralism over unilateralism and free trade over protectionism.
Energy Investment
17-11-2020
Zenobe Energy Secures £150m Investment for Rapid Expansion
K battery storage and electric vehicle operator Zenobe Energy has secured a £150m investment from Infracapital, infrastructure equity investment arm of investment manager M&G, to support the company’s growth.
RCEP
16-11-2020
Japan Needs to Double Down with RCEP
On Sunday, 15 Asia-Pacific countries concluded their negotiations over the Regional Comprehensive Economic Partnership (RCEP), kicking off the world's biggest free-trade deal.
RCEP
16-11-2020
4th Regional Comprehensive Economic Partnership Summit Opens
The 4th Regional Comprehensive Economic Partnership Summit was held virtually on November 15.
RCEP
16-11-2020
RCEP: Asia-Pacific Countries form World's Largest Trading Bloc
Fifteen countries have formed the world's largest trading bloc, covering nearly a third of the global economy.
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