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Energy economy
Energy Investment
E.ON Launches €250 Million Fund for Next-Gen Digital Technologies
Germany multinational energy company E.ON has launched a €250 million investment fund dedicated to digital technologies and business models.
Power Construction
Australia Labor’s Budget Response: $20 Billion to Rewire the Grid
The Federal Opposition has responded to the Federal Government’s 2020-21 Budget, outlining a plan to invest $20 billion in rewiring the electricity grid to all…
Energy Investment
Total Invests in Hyzon Motors
Through its venture capital arm Total Carbon Neutrality Ventures, European energy giant Total has made a strategic investment in hydrogen vehicle manufacturer H…
United Kingdom
ExxonMobil to Cut European Workforce By 1600
Global energy company ExxonMobil has announced that it will reduce the number of its workers across its businesses in Europe.
Energy Investment
China’s Clean Energy Plan Could Cost It $5 Trillion
China’s plan to reach carbon neutrality by 2060 could end up costing it $5 trillion.
Electricity Trade
Indonesia’s Power Sector is Open for Business
The final episode in Enlit Asia’s digital series Indonesia’s New Energy Paradigm did not disappoint, as the expert panel delved into how the country’s energy…
Energy Investment
Eurpoean Bank Supports Upgrade of Electricity Network in Hungary
The European Investment Bank has announced support for the upgrade and expansion of the electrical power network in south-eastern Hungary.
Iberdrola Announces New €1.5bn Renewables Investment Plan
Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.
Libya
Easy Solar Closes $5m to Scale-Up Energy Access in West Africa
Easy Solar has closed $5m to scale-up energy access in Sierra Leone and Liberia.
United Kingdom
Europe Announces First-Ever Renewable Energy Institute
The European Energy Centre has been awarded Institute status by the UK Government following the distinguished work in providing accredited Renewable Energy trai…
Electricity Trade
NextEra Energy to Acquire Power Transmission Company GridLiance
NextEra Energy Transmission has signed an agreement to acquire US-based independent power transmission company GridLiance.
Energy Investment
Total Drives Green Strategy With €500m Zero-Crude Project
As part of its net zero strategy, global energy company Total will invest €500 million into converting its Grandpuits refinery in Seine-et-Marne, France, into …
Vietnam
Vietnam Requires $133.3bn in Power Investment By 2030
Vietnam will need an investment of $133.3bn in its power industry to meet its increasing electricity demand.
Offshore Wind Power
House Backs Jones Act Enforcement for US Offshore Wind
The US House of Representatives has passed an amendment to the Clean Economy Jobs and Innovation Act that enforces Jones Act requirements for all offshore renew…
Siemens Energy Listing on Stock Exchange ‘Marks New Era’
Siemens Energy today started trading on the Frankfurt Stock Exchange, with the opening share price quoted at €22,01, corresponding to a market capitalization o…
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