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Japan

Japan Weighs Foreign Bank Financing for U.S. Gas Power Projects

Japan is considering financing from foreign banks for natural gas-fired power generation projects in the United States as part of its $550 billion U.S. investme…

United States

Virginia Partners With Switch Together to Cut Rooftop Solar Costs

Virginia Gov. Abigail Spanberger announced on July 13 that the state is partnering with the nonprofit Switch Together to help reduce the cost of solar array pur…

United Arab Emirates

MidOcean Energy secures $1.1bn backing from UAE royal family

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan has committed to invest $1.13 billion in MidOcean Energy, a liquefied natural gas company formed …

India

Coal India to Invest Rs 19 Billion in R&D by FY2030

Coal India has announced plans to invest Rs 19 billion in research and development by fiscal year 2030 to improve mine productivity, reduce emissions and suppor…

United Kingdom

Polish small nuclear plant developer SGE targets £35 billion fleet in Britain

Poland-based SGE ​plans to build a fleet of 14 small nuclear reactors at a ‌total cost of £35 billion ($46.5 billion), it said on July 2, targeting …

United Kingdom

UK's National Grid bets $1.75 billion on AI power boom with Joulent investment

Britain's National ‌Grid said on July 1 it will invest $1.75 billion for a 35% stake in Joulent, a U.S. energy platform developing power infrastructure…

South Korea

SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln

Private equity firm KKR and South Korea's SK Inc said ​on July 1 they will launch the ‌country's largest renewable energy platform, valued at 2 tr…

United States

US announces $17.5 billion in loans for nuclear power supply chain

The ​U.S. Department of Energy announced on June 23 $17.5 billion in conditional loans for utilities and energy companies to purchase ‌parts needed to strengt…

Suriname

Petronas makes new gas find at Suriname offshore block, discoveries equivalent to 1 billion barrels

Malaysia's state-controlled energy producer Petronas has made another gas ‌discovery at offshore Block 52 in Suriname, the South American country's…

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…