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Belt and Road
MENA Gas Investments Surge to $126bln
French Group Total Buys up Some Assets from Portugal's EDP
Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occidental Petroleum's asset in Ghana.
US WTI Crude Futures Rise Above $30/bl
U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.
Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Middle East Second Most Popular Region for Renewable Energy Investment
The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashurst.
French Nuclear Energy Society : Nuclear Essential to Economic Recovery
Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock of COVID-19.
Hull Street Energy Bought the Hydropower Plant
It is a joint venture between Enel Green Power North America and GE Energy Financial Services.
Solar Power Plant
CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio
CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.
Cash-Strapped Coal India Eyes First-Ever Bond Issue
Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working capital.
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
Geothermal Power Plant
Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia
Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the prospects for bilateral cooperation, particularly in the renewable energy sector.
Norway Takes $41 Billion From Oil Fund To Bolster Economy
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter the economic slump from the COVID-19 pandemic and low oil prices.
Solar Power Plant
China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo
China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.
Solar Power Plant
Financing Arranged for 200MW Ohio Solar Facility
Innergex Renewable Energy has announced the closing of a construction-financing, tax-equity commitment for a 200MW solar facility in southern Ohio.
Atlantica Yield Nets USD 143m in Green Project Financing
Atlantica Yield Plc said it has secured green non-recourse project financing it expects to use to fund new investments in renewable assets.
Innergex Closes USD-192m Financing for Ohio Solar Project
Canada-based Innergex Renewable Energy Inc said on Thursday it has obtained a total of USD 191.8 million in financing for the 200-MW Hillcrest solar photovoltaic (PV) project in the US state of Ohio.
50Hertz's Parent to Fund Offshore Grid Links with EUR-750m Green Bond
The parent company of 50Hertz Transmission GmbH, the transmission system operator (TSO) in northern and eastern Germany, has placed a EUR-750-million (USD 813m) green bond to finance the grid links for 1.5 GW of offshore wind farms.
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Solar Power Plant
Innergex Achieves Financial Close for 200MW Hillcrest Solar Project in Ohio, US
Independent renewable power producer Innergex has secured financing for the 200MW Hillcrest solar photovoltaic project.
Renewables Overtake Coal in US Power Generation
Hydropower plants, solar farms, and wind farms generated more electricity than coal in the United States for a record 40 days in a row, the Institute for Energy Economics and Financial Analysis said in a new report.
Wind Power Company
Wind Turbine Maker Vestas Falls to First-Quarter Operating Loss
Vestas, the world's largest maker of wind turbines, on Tuesday reported a surprise operating loss for the first quarter.
Wind Power Project
Iberdrola Acquires Aalto Power for €100m in France
Iberdrola Renovables France has acquired French renewable energy company Aalto Power for €100m.
Australian Hydrogen Project Ready to Move Ahead After $300 Million Investment
The country will be increasing its renewable H2 production following a massive expansion.
Solar Power for Home
SunPower Partners up with Tech CU for $1bn Investment
Silicon Valley-based SunPower has entered a £1bn partnership with Technology Credit Union to increase the financing options available to US residential solar customers.
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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