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Offshore Wind Power

UK and Japan Sign Offshore Wind Compact to Unlock £9 Billion in Japanese Investment

The UK and Japan have agreed an Offshore Wind Compact that will facilitate up to £9 billion (approximately USD 21.1 billion) of Japanese investment in UK …

Brazil

Brazil's Vale plans to invest $2.6 billion in decarbonization initiatives

Brazilian miner Vale plans to invest up to 13 billion reais ($2.56 billion) in ​decarbonization initiatives to meet its voluntary emissions reduction ‌targets…

Offshore Wind Power

GE Vernova loses renewed bid to end work on New England wind farm

A Massachusetts judge ​on June 1 declined to lift an order that forced turbine supplier GE Vernova to continue ‌work on the largest offshore wind farm in …

United States

LG Energy Solution Signs $1.6 Billion ESS Supply Deal With DTE Energy

LG Energy Solution said on May 28 that it signed a large-scale energy storage system (ESS) battery supply agreement with DTE Energy, the largest energy company …

Canada

Canada plans to double capacity of electricity grid by 2050

Canada on May 14 unveiled a C$1 trillion ($729 billion) strategy to double ​the capacity of its electricity grid by 2050, citing ‌rapidly increasing power…

Czech Republic

Czech Republic plans to buy up to 2 bcm of gas a year from Azerbaijan

The Czech Republic plans to buy up to 2 billion cubic meters of natural gas from Azerbaijan annually, Supplies could begin in 2028-2029. Czech Industry and Trad…

Canada

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm said on April 27.ARC will b…

Canada

Canada greenlights Enbridge gas pipeline expansion

April 24- Canada has approved a ‌C$4 billion ($2.93 billion) expansion of Enbridge's Westcoast natural gas pipeline system in British Columbia, the fir…

United States

USA Rare Earth buys Brazil's Serra Verde for $2.8 billion

USA Rare Earth said on April 20 it will buy Brazilian rare earths miner Serra Verde in a ‌cash-and-stock deal worth $2.8 billion, the latest in a string of…

China

China and Turkmenistan sign deal to build phase four of Galkynysh gas field

Turkmenistan's state gas company and China's CNPC signed a deal on April 16 to build the fourth ​phase of Turkmenistan's Galkynysh gas field, which…

Australia

Yancoal Strikes US$2.4 Billion Deal for Australia's Largest Underground Coal Mine

Yancoal Australia has agreed to buy an 80 percent stake in Queensland’s Kestrel coal mine for up to US$2.4 billion, securing one of the country's most…

United States

Nuclear reactor developer X‑Energy targets $7.5 billion valuation in US IPO

Amazon-backed X-Energy is targeting a valuation of up to $7.51 billion in its initial public offering ​in the United States, the nuclear reactor developer said…

Kazakhstan

Kazakhstan ratifies green energy transmission deal with Azerbaijan, Uzbekistan

April 9 ,The Senate or the upper chamber of Kazakhstan's parliament passed a law ratifying a strategic partnership agreement on the production and transmiss…

Pumped Storage

Construction of Main Project Begins for Yulin Pumped Storage Power Station in Guangxi, China, with Total Investment of 8.36 Billion Yuan

On April 4, Southern Power Grid Energy Storage Co., Ltd. announced that the pumped storage power station located in Yulin, Guangxi, has fully commenced construc…

Italy

EU approves Italy’s $6.45B renewable hydrogen support scheme

The European Commission has approved, under EU State aid rules, a €6 billion Italian scheme to support the production of renewable hydrogen for the transpo…