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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

Colombia
03-12-2020

The ANH Signed 4 Contracts in the Third Cycle of the Continuous Area Nomination Process
The National Hydrocarbons Agency - ANH signed 4 new contracts today, as a conclusion of the third cycle of the Continuous Area Nomination Process, PPAA.
Cooperation case
02-12-2020

17th China-ASEAN Expo Concludes Amid Boost to BRI Cooperation
The 17th China-ASEAN Expo and the concurrent China-ASEAN Business and Investment Summit concluded Monday in Nanning, the capital city of south China's Guangxi Zhuang Autonomous Region, promoting high-quality cooperation under Belt and Road Initiative.
Cooperation case
02-12-2020

Xi Calls for Advancement of All-Round Cooperation with ASEAN
Chinese President Xi Jinping on Friday said that China will work with the ASEAN to advance all-round cooperation and maintain good momentum for development and prosperity in the region.
Energy Investment
02-12-2020

European Union Increases Funding for Renewables Growth in Nigeria
The European Union has added €10 million in funding for the Climate Investor One financing facility.
Offshore Wind Power
01-12-2020

Japan Launches First Fixed Bottom Offshore Wind Auction
The government of Japan has launched its first-ever auction for fixed bottom offshore wind projects within the country’s General Common Sea Area.
Energy Investment
01-12-2020

Hong Kong Group Sets up Asia Clean Power Fund
Hong Kong-based investment manager ADM Capital has received a US$100m seed funding commitment from the Asian Infrastructure Investment Bank to launch a new Asia-focused debt fund dedicated to renewable energy.
Solar Company
30-11-2020

JinkoSolar to Sell Interest in Sweihan Solar to Jinko Power HK
A subsidiary of Chinese photovoltaic manufacturer JinkoSolar Holding has signed an agreement to sell its 50% stake in Sweihan Solar to Jinko Power HK.
Energy Infrastructure
30-11-2020

Australia’s Government Invests AU$125m Towards Grid Infrastructure for Snowy 2.0 Pumped Hydro
The Australian government-backed Clean Energy Finance Corporation has committed AU$125 million to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
30-11-2020

Petronas Posts Nine-Months Loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Energy Investment
29-11-2020

Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
India
28-11-2020

India’s Renewable Power Capacity is the Fourth Largest in the World, Says PM Modi
He added that by 2022, the share of renewable capacity will increase to over 220 GW
China
28-11-2020

China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Hydrogen Project
28-11-2020

Mitsubishi to Invest in Green Hydrogen, Green Ammonia in Australia
Green hydrogen and green ammonia are the next-generation clean energy which produce no carbon emissions either in the production or combustion stages.
27-11-2020

Doosan Heavy Becomes Largest Shareholder of Doosan Fuel Cell
Doosan Fuel Cell shareholders, including group Chairman Park Jeong-won, seeded a 23 percent stake in Doosan Fuel Cell to Doosan Heavy Industries & Construction to improve the latter company's financial structure.
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.

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