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Solar Power Plant

Top Google Exec Backs $1.3 Billion Investment in New Zealand Solar Power

A top Google executive is among investors backing a $1.3 billion planned investment in solar power in New Zealand.

Nuclear Power Plant

U.S. Is Set to Launch a $6 Billion Effort to Save Nuclear Plants

The Energy Department is expected to provide details on a $6 billion program aimed at keeping uneconomical nuclear plants in service.

Electric Car

Honda to Put Billions into EV Research

Honda is investing $40 billion over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker sai…

LNG

Germany to Move away From Russian Gas

Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…

Hydropower Plant

New York Regulator Clears $4.5B Canadian Hydropower Project to Supply NYC

New York regulator approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City.

Hydrogen Project

Japan's Osaka Gas Backs $11 Billion Green Hydrogen Project in Australia

Osaka Gas Co Ltd said on Tuesday it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider poten…

Electric Car

Japanese Car Giant Honda Targets EV Expansion, Earmarks Billions for R&D

Honda plans to invest around 5 trillion yen ($39.9 billion) in electrification and software technologies over the next 10 years, with the Japanese automotive gi…

Adani Group Gets US$2 Billion in Green Investments

Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…

CNOOC

China's CNOOC to Raise up to $5.08 Billion From Share Issue

Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…

Hydrogen Production

Hydrogen Market Needs $600bn Investment by 2050

For green hydrogen to be a success, $600 billion (£458.9bn) of investment in the market by 2050 will be necessary.

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Carbon Emissions

EU to Fund Bulgaria’s €6.3bn Recovery Plan

The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.

Hydrogen Project

Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'

An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…

Oil Price

Shell Raises Russia Writedown to as Much as $5 Billion

Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…

Hydrogen Production

Who Will Win the Low-Carbon Hydrogen Race?

The global low-carbon hydrogen market will require $600 billion in investment, along with policy support, to meet expected exponential demand by 2050, according…