Oil & Gas
New Energy Vehicles
Policy & Regulation
Exhibition & Forum
Belt and Road
MENA Gas Investments Surge to $126bln
World Bank to Support Nepal's Energy Sector with $100m Credit
The World Bank has agreed to support energy sector reform in Nepal by giving the country's government a $100m development policy credit.
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
IEA Lays Out $3T Global Green Recovery Plan Over 3 yrs
A sustainable recovery from COVID-19 crisis could create millions of jobs while decreasing emissions, new report says.
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Solar Power Plant
ADB to Invest $17.7 Million in a Solar Power Project in Bangladesh
This is one of the first private sector solar projects in the country financed by a multilateral institution.
Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says
While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.
Canadian Investment Firm to Acquire Emami Power in India
Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.
Valmont Acquires Undisclosed Stake in Energia Solar do Brasil
Global manufacturing company Valmont Industries has acquired a significant stake in Brazil-based Energia Solar do Brasil.
America's DFC to Invest $350 Million in India
The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services sector
Offshore Wind Power
Total to Buy 51% Stake in Seagreen 1 Offshore Wind Farm
Global energy player Total has agreed to buy 51% stake in Seagreen 1 offshore wind farm project from SSE Renewables.
China Belt and Road
China Signed New Contracts for Water Conservancy Construction with 53 Countries Along the Belt and Road
Chinese companies have made non-financial direct investment in 53 countries along the Belt and Road to reach us $5.23 billion.
Offshore Wind Power
Iberdrola to Pour up to EUR 4bn in Renewables in France
Spanish power utility Iberdrola SA plans to invest between EUR 3 billion and EUR 4 billion over the next four years.
Ice Brent Crude Futures Rise Above $40/bl
Crude futures rose in early Asian trading amid optimism for further production cuts by the Opec+ alliance ahead of talks that could be brought forward to this week.
Coal-Fired Power Plants
KEPCO Warned Over Coal Projects in Vietnam, Indonesia
BlackRock sought rationale from the South Korea utility for the investments.
US Ethanol Output Continues to Rise, Stocks Fall Again
US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy Information Administration showed Thursday.
Strategic Union Between French and British Renewable Firms
UK renewable energy specialist Dulas has finalised an agreement with French remote sensing company Leosphere, part of the Vaisala group.
Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Virus Sparks Record Drop in Energy Investment: IEA
The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.
A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally
EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.
Solar Power Plant
Bravida Buys Stake in Finnish Energy Company Savon Aurinkoenergia
Sweden-based company Bravida has acquired a stake in Finnish solar energy company Savon Aurinkoenergia.
Engie Secures $210m Loan for Campo Largo Wind Complex
Engie has secured a loan of BRL1.2bn from the Brazilian Development Bank (BNDES) for its renewable power generation project Campo Largo wind complex – phase 2.
Nuclear Power Plant
Ukraine Passes Bill to Secure Euratom Loan
The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoatom to secure a EUR200 million loan from Euratom
Bangladesh's 300MW Oil-Fired Plant Bags $199.75 Loans
It’s the first IPP in Bangladesh financed by international commercial financiers.
Global Green Energy Growth to Fall for First Time in 20 Years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to pick up next year, the International Energy Agency said on Wednesday.
Wind Power Project
UK renewables and storage project pipeline approaches 40GW
Some 38.7GW of renewable projects are currently planned across 845 locations across the UK, according to Cornwall Insight's latest renewables pipeline tracker.
Most views from Energy Economy
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