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Energy Economy
Energy Investment
Toyo Invests In Japan’s Offshore Renewable Sector
Energy Investment
27-07-2020
ES Kapital Invests in Munich Start-Up KEYOU
Innovative hydrogen technologies developer KEYOU has announced ES Kapital as its new financial investor.
Oil Field
27-07-2020
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Energy Investment
27-07-2020
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Oil & Gas Trade
26-07-2020
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Energy Investment
25-07-2020
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
25-07-2020
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
United Kingdom
24-07-2020
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.
Energy Investment
24-07-2020
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.
Energy Investment
23-07-2020
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
22-07-2020
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.
21-07-2020
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
21-07-2020
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.
Energy Investment
21-07-2020
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.
China
18-07-2020
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.
Energy Investment
17-07-2020
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.
Energy Investment
14-07-2020
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.
Electricity Transmission
12-07-2020
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.
Market Analysis
10-07-2020
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.
08-07-2020
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
08-07-2020
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.
Energy Investment
07-07-2020
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
06-07-2020
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
Energy Investment
03-07-2020
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.
Smart Grid
02-07-2020
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.
Energy Investment
02-07-2020
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.
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Most views from Energy Economy
1
Hydro-Quebec Shares 300 MW Solar Tender Details
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Norway’s First Floating Wind Tender Attracts Two Bids
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Kenya Opens Solar-Plus-Storage Tender
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South Korea Launches 1.25GW Offshore Wind Tender
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Thailand Opens 364 MW Solar Tender