Bill

Electric Car

GM To Boost EV Investments By 35% By 2025

GM plans to increase investments in electric vehicles by 35 percent from earlier plans over the next five years to $35 billion as the company eyes one of the to…

Hydrogen Project

Portugal's Galp Moves to Green Hydrogen at Refinery, Eyes $1.2 bln Investment

Portugal's Galp Energia plans to install a 100-megawatt electrolyzer to power its refinery in Sines with green hydrogen by 2025, a project which could be expand…

Hydrogen Project

Report: Egypt to Invest up to $4B in Green Hydrogen Project

Egypt is planning to invest up to $4 billion in a project to generate green hydrogen via electrolysis

Coal Mine

Vale to Pay US$2.5 billion to Acquire Coal Assets

With the settlement of the project finance, all conditions precedent for the completion of the transaction for the acquisition of Mitsui's stakes in the Moatize…

Energy Investment

Singapore Places $1.8 billion for Green Investments

At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign…

Electric Vehicle Battery

Electric Vehicle Battery Manufacturers Increasing Procurement from Australia

LG Energy Solution announced on June 8 that it acquired 7.5 percent of QPM, an Australian smelting company, by investing 12 billion won.

Electric Car

Volkswagen Invests $620 million in Northvolt to Secure Battery Supply

The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…

Nuclear Power Plant

Wyoming to be ‘Ground Zero’ for Advanced Nuclear Plant

Wyoming will become “ground zero” as home to the first of a new generation of nuclear power plants to be developed via a diverse public-private partnership th…

Nuclear Reactor

Bill Gates’ Terrapower to Build Reactor Demo Project in Wyoming

TerraPower, PacifiCorp and Wyoming Governor Mark Gordon have teamed up to install a Natrium reactor demonstration project at a retiring coal plant in Wyoming.

Energy Investment

EU, Bill Gates form $1 billion Clean Energy Pact

The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as gree…

Oil Field

Exxon, Equinor Invest $8 Billion In Developing Oilfield Off Brazil

Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area…

Energy Investment

Rosatom Issues “Green Bonds” for 100 billion Rubles to Finance Its Projects

The Moscow Exchange registered the exchange-traded bonds program of Atomenergoprom JSC, the company holding Rosatom’s civil assets.

Energy Transition

Greece Eyes Green Energy Shift with $21 billion in Projects

Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …

Power Cable

Germany, Norway Flip Switch on $2.4 billion Undersea Energy Link

The 2-billion-euro project, called Nordlink, will allow Germany to export excess electricity from its wind parks to Norway, effectively banking it in Nordic nat…

Natural Gas

Adnoc Signs 10-Year Gas Supply Agreements with Emirates Steel and Arkan

Adnoc has the potential to produce 11 billion cubic feet of natural gas and over 1 billion cf of sour gas per day