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Energy economy
Energy Storage Battery
Battery Industry Could Boost Australia’s Economy By $5.6 Billion
Australia has a chance to boost its economy by US$5.6 billion and become a leading player in battery chemistry and technology if it expands its raw materials-fo…
Solar Power Plant
AFRICA: FSD Invests $4.5m in Nithio for Solar Kits in Three Countries
FSD Africa Investments, the investment arm of FSD Africa, is investing $4.5 million in Nithio.
Electric Car
Umicore Announces Equity Investment in Solid-State Battery Company Solid Power
This stake was built through two successive investment rounds which Solid Power raised before launching the next phase of its growth through a public listing.
Nuclear Power Plant
US DOE to Offer Funding for Nuclear Energy Projects
The funding will support projects that will improve resiliency and develop carbon-free nuclear power.
Energy Investment
Mubadala Acquires 2.6% Stake in Russian Aluminium Company En+
The deal increases the Abu Dhabi sovereign fund's stake size to 2.86% in total
Wind Turbine
Sulzer Schmid Closes Series B Round to Drive Its Transition from Tech Start-up to Major Enterprise
Sulzer Schmid, a Swiss company pioneering UAV technology for wind rotor blade inspections, announced today that it has completed a series B round.
Energy Transition
Japan Pledges $10 billion Financial Support for Asia’s Energy Transition
Japan on Monday pledged to offer $10 billion financial aid for decarbonisation projects in Asia, such as renewable energy, energy-saving and conversion to gas-f…
Energy Investment
Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium
Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East
Energy Investment
UAE was the World's 15th-Biggest Recipient of Foreign Investment Last Year
The Emirates secured more capital from global investors than the UK in 2020
Thermal Plant
Adani Power to Acquire 1,200 MW Essar Power's Mahan Project
The country's largest power producer in the private sector, Adani Power Limited, will acquire the 1,200 megawatt Essar Power's Mahan Project
Energy Transition
Amara Raja Plugs into New Energy
The auto battery major gears up for electric mobility with new leadership
China Belt and Road
China's Investment into BRI Countries Expands in Jan.-May
China's outbound direct investment into countries involved in the Belt and Road Initiative increased in the first five months, official data showed.
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Electric Car
GM To Boost EV Investments By 35% By 2025
GM plans to increase investments in electric vehicles by 35 percent from earlier plans over the next five years to $35 billion as the company eyes one of the to…
Energy Investment
Thailand Coal Power Company Acquires Solar Farms in Australia
The acquisition is part of the company’s commitment to greener energy.
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