Energy economy

Hydropower Plant
Hydro-Québec to Invest in Carillon Generating Station Refurbishment
Canadian public utility company Hydro-Québec has announced an investment of C$750m ($570m) to refurbish its Carillon power generating station.
Hydrogen Fuel Cell Vehicle
Riversimple Opens £150m Funding Raise for Hydrogen Vehicles
Riversimple has revealed plans to raise £150m over the next three years to fund the manufacture of two hydrogen-powered vehicles.
Digital Energy Transformation
DNV GL Launches Digital PPA Tool
DNV GL has launched a digital power purchase agreement tool to help corporate buyers source renewable electricity supplies.
Oil Field
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Spain
Iberdrola Buys US Utility in $8.3bn Deal
Spanish energy company Iberdrola is acquiring the primary electric utility in New Mexico in a deal valued at around $8.3 billion.
Market Analysis
Green Bonds Market Passes $1 Trillion Milestone Amid Global Turmoil
The green bonds market has passed its greatest milestone by reaching more than $1 trillion in issued bonds since the mechanism emerged in 2007.
SMR
USDOE Approves $1.355bn Funding for NuScale’s SMR Project
The US Department of Energy has approved a $1.355bn funding vehicle to Utah Associated Municipal Power Systems.
Energy Investment
MENA Gas Investments Surge to $126bln
Apicorp’s optimism is based on the ongoing downstream value chain integration.
Sempra Energy Named To Forbes' JUST 100 List
Sempra Energy's vision to deliver energy with purpose comes to life through our stakeholder-centered approach and leading with environmental, social and governa…
South Africa
South African Economy Recovery Plans Prioritise Energy Security
The South African government’s newly unveiled Economic Reconstruction and Recovery Plan has energy security at the forefront to rebuild the economy post-COVID-…
Hydropower Plant
Scatec Solar to Buy SN Power
Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.
Solar Power Plant
Vietnam’s First Certified Green Loan to Fund 257MW Solar Project
B.Grimm Power, one of Thailand’s largest private power producers, has secured a green loan from the Asian Development Bank (ADB) to develop a solar power proje…
Energy Storage Project
CEC Awards US$1.2 Million to Indian Energy for Energy Storage Solution
Grants to help company demonstrate a non-lithium-ion, long-duration energy storage solution.
Energy Investment
Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes
In Jordan, the European Investment Bank has signed an agreement with Cities and Villages Development Bank to support the implementation of the CVDB – Municipal…
South America’s Renewables Potential Waiting to be Tapped
South American countries have the potential to near double their current renewables generation expansion plans.

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Energy economy

Hydro-Québec to Invest in Carillon Generating Station Refurbishment

Riversimple Opens £150m Funding Raise for Hydrogen Vehicles

DNV GL Launches Digital PPA Tool

Suncor May Sell Stake In North Sea Oilfields

Iberdrola Buys US Utility in $8.3bn Deal

Green Bonds Market Passes $1 Trillion Milestone Amid Global Turmoil

USDOE Approves $1.355bn Funding for NuScale’s SMR Project

MENA Gas Investments Surge to $126bln

Sempra Energy Named To Forbes' JUST 100 List

South African Economy Recovery Plans Prioritise Energy Security

Scatec Solar to Buy SN Power

Vietnam’s First Certified Green Loan to Fund 257MW Solar Project

CEC Awards US$1.2 Million to Indian Energy for Energy Storage Solution

Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes

South America’s Renewables Potential Waiting to be Tapped