Capital

RCEP

Upgraded China-ASEAN Partnership Amplifies RCEP co-op

HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…

Portugal

Portugal Becomes Fourth EU Country to Stop Using Coal Plants

The Pego plant located 150 kilometers northeast of the Portuguese capital Lisbon stopped generating over the weekend

Wind Power Project

Sembcorp to Buy 658MW Chinese Portfolio

CGN Capital Partners Infrastructure Fund 3 and its affiliates are selling the wind and solar projects

Russian Federation

Russian Oil And Gas Discoveries Plunge To Five-Year Low

Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expend…

Solar Power Panel

Zagreb to Boost Solar Rooftops to Reach 50 MW by 2024

The capital of Croatia will provide grants for the preparation of projects for the installation of solar photovoltaic panels.

Energy Security

Myanmar's Biggest Cities Hit by Brief Power Outages

A power blackout briefly hit Myanmar's main urban centres and far-flung towns on Friday, including commercial hub Yangon and parts of the capital Naypyidaw, aut…

Energy Storage System

Energy Vault Valued at $1.1 Billion After Merger

Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.

Energy Storage Technology

Massachusetts Startup Crowdfunding Short-Term Energy Storage Technology

Helix Power Corporation is seeking seed capital from investors to advance its patented flywheel short-term energy storage technology.

Thermal Plant

China-Funded Thermal Power Plant Expansion Completed in Mongolia

The completion and commissioning ceremony of the China-funded expansion of a thermal power plant was held Friday in Erdenet, capital of Mongolia's northern prov…

Crude Oil

China’s CNPC Looks To Revive Oil Projects In Venezuela

The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign c…

Wind Farm

Statkraft Signs Wind Energy Agreements with Aquila Capital

Statkraft, Europe’s largest generator of renewable energy, and Aquila Capital, a German real asset investment manager, have signed the companies’ first power …

Offshore Wind Power

Spanish Wind Developer Unveils 500MW Quartet

Capital Energy behind Cefiro, Paucali, Arlo and Agestes projects in its home market

Wind Power Project

Aquila to Sell Statkraft Finnish Wind Power

Norwegian energy company Statkraft is to buy electricity from German real asset investment manager Aquila Capital from wind farms in Finland under power purchas…

Natural Gas

China Starts Work on Gas Pipeline for Olympic Venue

Beijing will be the official host of the Games, taking place in February, but some skiing and snowboarding events will take place in Zhangjiakou, some 170 km no…

Offshore Wind Power

Beatrice Offshore Transmission Assets (OFTO) Sold

The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners as the preferred bidder for the offshore transmission licenc…