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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
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.
Solar Power Plant
01-07-2020
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.
Electricity Transmission
01-07-2020
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.
Energy Investment
30-06-2020
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 Energy
28-06-2020
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.
26-06-2020
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.
Energy Investment
26-06-2020
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.
Energy Investment
19-06-2020
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
Clean emission
18-06-2020
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.
Energy Investment
18-06-2020
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
15-06-2020
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.
Energy Investment
12-06-2020
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.
Energy Investment
09-06-2020
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.
Solar Company
08-06-2020
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.
Energy Investment
06-06-2020
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
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Most views from Energy Economy
1
TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
2
Patel Engineering wins Rs 230.7 crore Bhutan hydro project package
3
Google signs PPAs on 400-MW Texas solar project portfolio
4
ADB and Acwa sign US$116 million financing package to support wind power in Uzbekistan
5
Aukera Secures €48.5 Million IFC Financing for Romania Battery Storage Project
6
Equinor aims to sell 8% stake in solar energy firm Scatec
