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Energy economy
Energy Investment
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.
Energy Investment
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.
Energy Investment
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.
Wind Farm
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 Energoato…
Thermal Plant
Bangladesh's 300MW Oil-Fired Plant Bags $199.75 Loans
It’s the first IPP in Bangladesh financed by international commercial financiers.
Renewable Energy
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 p…
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.
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 Occident…
Crude Oil
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.
Energy Investment
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 Ashur…
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 …
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