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Energy economy
Hydrogen Project
Report: Egypt to Invest up to $4B in Green Hydrogen Project
Egypt is planning to invest up to $4 billion in a project to generate green hydrogen via electrolysis
Coal Mine
Vale to Pay US$2.5 billion to Acquire Coal Assets
With the settlement of the project finance, all conditions precedent for the completion of the transaction for the acquisition of Mitsui's stakes in the Moatize…
Substation
SPX to Sell Transformer Solutions Business to GE-Prolec
US-based infrastructure company SPX has signed an agreement to sell its Transformer Solutions business to GE-Prolec Transformers, together with its affiliates P…
China
Shares in Group Linked to China’s Three Gorges Dam Surge on Debut
China Three Gorges Renewables Group’s stock surged by 44 per cent on its debut after the company raised $3.6bn in China’s largest initial public offering of 2…
Energy Investment
Singapore Places $1.8 billion for Green Investments
At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign…
Electric Car
Volkswagen Invests $620 million in Northvolt to Secure Battery Supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…
Energy Investment
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesd…
Trinidad and Tobago
Trinidad and Tobago Laying the Foundation for a Hydrogen Economy
Hydrogen featured in Keith Rowley’s, Prime Minister of Trinidad and Tobago, speech on energy with the nation said to be exploring feasibility and regulatory as…
EV Market
Tesla's China Orders Fall by Nearly Half in May
Tesla Inc's vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the US electric carmaker.
Wind Power Project
Engie Closes Financing of 150 million Dollars for Future Punta Lomitas Wind Power Plant
Engie Energía Perú closed a financing for 150 million dollars for up to 12 months in order to finance part of the estimated investment to develop the future P…
Wind Power Tower
CS Wind Takes over World's Largest Wind Tower Plant in the U.S.
CS Wind, the world's No. 1 wind turbine tower manufacturer, announced on June 3 that it has acquired a 100 percent stake in a U.S. plant of Danish wind turbine …
Power Construction
Canada Invests Over $960 Million in Grid Modernization, Renewable Energy Projects
The Smart Renewables and Electrification Pathways Program supports building Canada's low-emissions energy future and a renewable, electrified economy.
Hydrogen Technology
SK Makes Strategic Investment in Clean Hydrogen Company Monolith; “Cyan Hydrogen”
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith, a US company that has developed a plasma-based process to produce “cyan…
Rosatom
Schneider Electric and Rosatom Expand Cooperation
Schneider Electric and Rosatom signed an agreement to extend a 2015 Memorandum of Understanding.
Energy Storage Project
Agilitas Energy Acquires New England Energy Storage Project Developer
Renewable energy developer Agilitas Energy announced it has acquired Boston-based New England Battery Storage, a private energy storage developer focused on uti…
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