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Investments
Coal Production
India Opts for Coal Comfort in Meeting Power Demand
While India is urging investors, France, backed by the US, plans to seek a halt to private financing for coal-based power plants at the upcoming UN climate conf…
Offshore Wind Power
OX2 Sells Stake in Next Generation Swedish Offshore Wind Energy Portfolio to Ingka Investments
OX2 has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49 percent stake in next generation…
Oil & Gas Supply
Exclusive: Capital Power CEO Planning No Canadian Gas-Fired Plants Due to Trudeau's Regulations
Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity re…
Energy Investment
Global Financial Institutions Jump at Chance to Boost China Presence
Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…
Hydropower Plant
Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland
The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …
Offshore Wind Power
Ørsted Pulls Out of Norwegian Offshore Wind Partnership
Denmark’s Ørsted has decided to pull out of a Norwegian offshore wind partnership with Fred. Olsen Seawind and Hafslund.Ørsted have informed…
Cooperation case
China's Belt and Road Initiative Is Now Building More Renewables, Less Coal
Energy has always made up the majority of investments and construction deals signed through China’s Belt and Road Initiative (BRI). Until very recently th…
Energy Storage Project
DOE: The Private Sector Accounts for 89% Of Announced Us-Made Battery Investments
Announcements of private sector investments in US-made battery technologies have been increasing over the last few years, with 208 as of September 2023, accordi…
Carbon Emissions
Singapore's Sembcorp Industries Aims to Halve Emissions Intensity by 2028
Singapore's Sembcorp Industries (SCIL.SI) said on Monday it would invest about S$10.5 billion ($7.76 billion), about 75% of its total investments in 2024-20…
Electric Vehicle Battery
DOE: Manufacturers Have Announced Investments of > $500M in > 40 American-Made EV Charger Plants
Since 2021, manufacturers have announced more than $500 million in American-made electric vehicle (EV) charger investments, according to the US Department of En…
Solar Power Plant
Octopus Energy Invests in Irish and Portuguese Solar Companies
The investments will enable the creation of 250MW of new solar power by 2027. Image: Octopus Investments.The generation arm of energy supplier Octopus Energy ha…
Photovoltaic （PV）
Italy's Vexuvo to Invest 1.5 Billion Euros in Photovoltaic Sector
(This Oct. 5 story has been corrected to say that vexuvo investments are in the photovoltaic sector, not in solar panel sites, in the headline and paragraph 1)I…
Energy Storage Project
Octopus Buys 1,000MWH Bess Project to Back Renewable Energy Ppas in Queensland, Australia
Artist rendering of Stanwell Clean Energy Hub, which will include iron flow batteries. Image: Queensland government.Octopus Investments Australia has bought one…
LNG
MET Group Sets up LNG Trading Office in Singapore
Switzerland-based energy trader MET Group said on Wednesday it has set up an office in Singapore to focus on liquefied natural gas (LNG) trading as well as asse…
Solar Panel
Telstra Signs Solar PPA in Queensland, Australia
Australian telco Telstra has signed a Power Purchase Agreement (PPA) to purchase the output of a solar farm.The company this week announced a deal with Munna Cr…
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