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Energy economy
Nuclear Power Plant
Westinghouse Plans Investment in Polish Nuclear
Westinghouse Electric Company has announced its intention to invest in nuclear technologies in Poland, following a meeting in Warsaw between Westinghouse CEO Pa…
United Kingdom
Octopus Renewables Looks to Further Growth After Strong First Year Results
Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets.
United Kingdom
EDF Acquires 100MW of Solar as UK Portfolio Continues to Grow
EDF Renewables has acquired two grid scale solar projects, adding 100MW to its growing UK portfolio.
United States
Third Energy Firm Declares Bankruptcy in Texas Snow Storm Fallout
Griddy Energy, the Texan energy supplier that encouraged customers to leave its service during recent snowstorms, has become the third energy firm in the state …
Energy Investment
Porsche Invests EUR 70 million in Croatia’s Rimac Automobili
Porsche has increased the share of its ownership in Croatia’s electric car producer Rimac Automobili to 24% with an investment of EUR 70 million.
The Bitcoin Energy Challenge
As the Bitcoin price surges so does the energy consumption as mining increases, but management and regulatory options are possible.
Natural Gas
Kazakh State Energy Firm to Retain Ownership of Gas Division
KazMunayGaz is the oil-exporting nation's biggest borrower on the Eurobond market, and some analysts had expressed concerns that the government's plan to hive o…
Solar Power Plant
Burkina Faso to get 30MW Solar Plant for National Grid
The Emerging Africa Infrastructure Fund will finance 80% of the construction of Urbasolar SAS’ new solar plant planned for 250km south-east of Ouagadougou, Bur…
RCEP
China has Officially Ratified RCEP Deal: Commerce Minister
The Chinese government has officially ratified the Regional Comprehensive Economic Partnership agreement, Minister of Commerce Wang Wentao said Monday.
Energy Investment
Wells Fargo to Deploy $500bn in Sustainable Financing by 2030
Wells Fargo has announced plans to invest $500bn in sustainable financing by 2030 to support the transition to a low-carbon economy.
China
Istobal Opens Production Plant in China
ISTOBAL continues to drive its international expansion with the opening of a subsidiary plant in China.
Solar Power Plant
Enel Snaps up 519MW Spanish Solar Portfolio
Eleven projects acquired from Arena Power in the province of Huelva that will come online in 2024
Energy Storage Battery
Rosatom Subsidiary Acquires 49% Stake in Korean Power Storage Company
RENERA LLC, Rosatom’s integrator company for the energy storage business has finalized the deal to acquire 49% share of Enertech International Inc, a South Kor…
Natural Gas
Clean Energy, Total Sign JV for Renewable Natural Gas Production
The joint venture, owned equally by both firms, will have an initial firm commitment of $100 million to build renewable gas production facilities
Crude Oil
PetroSA Merger to Form South African National Petroleum Company
In South Africa, the portfolio committee on mineral resources and energy was recently briefed by the department of mineral resources and energy on the merger of…
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