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Energy economy
Energy Investment
European Union Increases Funding for Renewables Growth in Nigeria
The European Union has added €10 million in funding for the Climate Investor One financing facility.
Offshore Wind Power
Japan Launches First Fixed Bottom Offshore Wind Auction
The government of Japan has launched its first-ever auction for fixed bottom offshore wind projects within the country’s General Common Sea Area.
Energy Investment
Hong Kong Group Sets up Asia Clean Power Fund
Hong Kong-based investment manager ADM Capital has received a US$100m seed funding commitment from the Asian Infrastructure Investment Bank to launch a new Asia…
Solar Company
JinkoSolar to Sell Interest in Sweihan Solar to Jinko Power HK
A subsidiary of Chinese photovoltaic manufacturer JinkoSolar Holding has signed an agreement to sell its 50% stake in Sweihan Solar to Jinko Power HK.
Energy Infrastructure
Australia’s Government Invests AU$125m Towards Grid Infrastructure for Snowy 2.0 Pumped Hydro
The Australian government-backed Clean Energy Finance Corporation has committed AU$125 million to help build grid infrastructure for a 2GW pumped hydro project …
Petronas Posts Nine-Months Loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Energy Investment
Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
India
India’s Renewable Power Capacity is the Fourth Largest in the World, Says PM Modi
He added that by 2022, the share of renewable capacity will increase to over 220 GW
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Hydrogen Project
Mitsubishi to Invest in Green Hydrogen, Green Ammonia in Australia
Green hydrogen and green ammonia are the next-generation clean energy which produce no carbon emissions either in the production or combustion stages.
Doosan Heavy Becomes Largest Shareholder of Doosan Fuel Cell
Doosan Fuel Cell shareholders, including group Chairman Park Jeong-won, seeded a 23 percent stake in Doosan Fuel Cell to Doosan Heavy Industries & Construction …
Offshore Wind Power
Equinor and Partner Reach Financial Close on World’s Biggest Offshore Wind Farm
Dogger Bank wind farm owners, Equinor and SSE, have today announced financial close on the first two phases of the project, representing in aggregate the larges…
RCEP
RCEP Reaffirms Shift in World’s Economic Power Center
Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people …
Smart Energy
Shanghai Electric and Siemens Energy to Establish Smart Energy Empowerment Center
The cooperation aims to build a smart energy empowerment center that can serve domestic and global energy industries.
Energy Investment
Enel to Invest 160 bln Euros by 2030 in Clean Energy Drive
ENEL-PLAN/ (UPDATE 1)UPDATE 1-Enel to invest 160 bln euros by 2030 in clean energy drive.
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