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Offshore Wind Power

Multi-Billion-Dollar Investment Needed to Meet Global Offshore Wind Targets by 2026 – Report

The global offshore wind supply chain will require USD 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excl…

Oil & Gas Trade

US Approvals for $1.5 Billion Oil Railway in Utah Partially Vacated

REUTERS/Rick Wilking/File Photo Acquire Licensing RightsA U.S. appeals court on Friday sent approvals for a $1.5 billion Utah crude oil railway back to federal …

Electric Vehicle Battery

Ford and SK Announce New Massive Battery Cathode Factory in Quebec's Battery Valley

Ford and SK, a Korean battery manufacturer, have announced a plan to build a new $1.2 billion battery cathode factory in Becancour, known as Quebec’s batt…

Renewable Energy

AEP Finalizes $1.5 Billion Sale of Renewables Portfolio

American Electric Power has finalized the sale of its 1,365 MW renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and fund…

Electrification

Off-peak electricity use and home generation could save billions in energy costs

New analysis from Cornwall Insight and Smart Energy GB has revealed the substantial cost-saving potential of household flexible electricity initiatives such as …

Green Hydrogen

L&T to Look At up to $4 BN Investment in Green Hydrogen, With Partners

Larsen & Toubro (L&T) will aim to invest $3-4 billion in green hydrogen projects, along with its joint venture (JV) partners, said a senior executive from the c…

Hydrogen Production

Brazil Studying Some $30 Bln in Low-Carbon Hydrogen Projects, Secretary Says

Brazil is studying some $30 billion in projects looking to produce low-carbon hydrogen, an official from the country's mines and energy ministry said on Wed…

Oil&Gas Drilling

ADX Gets Nod to Tap Into Upper Austrian Gas

Perth-based company ADX Energy will kick-off a drilling campaign at its flagship 807 billion cubic feet of gas equivalent (bcfe) Welchau gas prospect in Upper A…

Hydrogen Production

Ocior to Invest $4B in Green Hydrogen Production in Egypt's Suez Canal Economic Zone

In a significant stride towards a sustainable future, India’s Ocior Energy company has committed a substantial investment of four billion dollars in the d…

Solar Panel

SEIA Report: $100 Billion Invested in US Solar and Storage

Credit: SEIASince the Inflation Reduction Act (IRA) passed one year ago, U.S. solar and storage companies have announced over $100 billion in private sector inv…

Carbon Capture

Occidental Buys Carbon Air Capture Tech Firm for $1.1 Billion

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Electric Vehicles

The Four Biggest Hurdles in America's EV Transition

Stock image.Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the …

Distributed energy

EDP to Invest $2.7 Billion in Distributed Energy Globally

Portugal’s EDP has reported that it plans to invest €2.5 billion ($2.7 billion) in distributed solar generation globally up to 2026.To date, EDP repo…

Solar Panel

Solar, Storage Companies to Add Over $100 Billion to u.s. Economy Due to Inflation Reduction Act

Since the Inflation Reduction Act (IRA) passed one year ago, U.S. solar and storage companies have announced over $100 billion in private sector investments, ac…

Solar Panel

SEIA Report: $100 Billion Invested in Us Solar and Storage

Since the Inflation Reduction Act (IRA) passed one year ago, U.S. solar and storage companies have announced over $100 billion in private sector investments, ac…