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Energy economy
Energy Investment
UK Funds 254MW Clean Energy Projects in South Africa
UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.
RWE Secures BBB+ Fitch Rating
Agency acknowledged German energy company’s focus on expanding renewables capacity
Noble Corp. to Combine with Pacific Drilling
Offshore drilling contractors Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Dril…
Wind Farm
RWE Makes Investment Decision on Sofia Offshore Wind Farm, UK
RWE has made a financial investment decision on its largest offshore project, the 1.4GW Sofia Offshore Wind Farm, in the UK.
Energy Investment
Air Liquide to Invest €8bn in the Low-Carbon Hydrogen Supply Chain
Air Liquide is accelerating its hydrogen developments to at least triple its turnover to more the €6bn by 2035, the industrial gas giant has confirmed.
Energy Storage Battery
VEST Energy Announces Battery Trading Agreement with IBNE
Cleantech trading house VEST Energy has signed a long term battery trading and offtake arrangement with Infra Balance New Energy.
United Kingdom
Scottish Renewables Calls for Storage 'Price Floor'
Vital electricity storage capacity needed to help the UK meet its net-zero target should be supported by an innovative funding mechanism, new research from Scot…
Rosatom
Russia’s State Run Nuclear Energy Firm Buys 49% Stake in Korean Lithium-ion Battery Maker
A subsidiary of Russian state-controlled nuclear energy firm Rosatom has taken a 49% share of Enertech International, a South Korean manufacturer of electrodes,…
Energy Investment
Scatec to Invest $11.6bn in Renewables for 15GW Capacity Target
Renewable energy company Scatec has announced an investment of $11.6bn to increase its renewable energy generation capacity by 2025.
Solar Power Plant
Downing Acquires 96MWp UK Solar PV Seed Assets Portfolio
Downing Renewables & Infrastructure Trust has acquired a 96MWp portfolio of UK solar PV assets for £42 million.
RCEP
China Takes Lead in Ratifying RCEP Deal
China has taken the lead in ratifying the Regional Comprehensive Economic Partnership agreement, the Ministry of Commerce said on Monday.
Energy Investment
Apple Invests $2.8bn in 17 Renewable Energy Projects in 2020
The projects will cut 921,000 metric tonnes of carbon emissions annually and help the iPhone maker to become carbon-neutral by 2030
Hydrogen Fuel Cell
C-ALPS Receives £2m New Lab Investment for Hydrogen Fuel Cells
The Centre for Advanced Low-Carbon Propulsion Systems has received an investment of over £2m to establish a new hydrogen fuel cell development facility in Cove…
Qatar
Qatar To Build A Luxury Floating Hotel That Generates Electricity
Qatar, one of the richest countries in the Middle East thanks to its massive LNG exports and oil reserves, plans to build a floating eco-hotel that would spin v…
Neste Selects Rotterdam as a Location for Its Possible Next World-Scale Renewable Products Refinery
Neste announced in March 2020 an intention to increase its renewable products production capacity in Europe according to the company strategy.
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