Economy

Nuclear Power Plant

Brookfield 'at a Crossroads' on Whether to Sell Westinghouse

Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …

United States

US Renewables Trade Group Formally Launches

American Clean Power Association unveils new website and adverts showcasing the sector

Energy Investment

CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2

The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…

Market Analysis

Can Nuclear Power Make A Comeback This Decade?

2020 will go down in the history of energy as one of the worst examples of the global economy swiftly tanking in almost complete unison, virtually every region …

Canada

Canada’s Hydrogen Strategy: An Ambitious Framework for a Strong Hydrogen Economy

On December 16, 2020, the Government of Canada released the Hydrogen Strategy for Canada.

Thermal Coal

S Africa's Exxaro to Halt Further Coal Investments

South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.

Energy Investment

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland

Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.

Hydrogen Production

Trinidad and Tobago Wants to Create a Hydrogen Economy

Work to create a sustainable hydrogen economy is underway in Trinidad and Tobago.

United Kingdom

BP Profit Sinks As Epidemic Pummels Demand

On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…

Gas power plant

Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC

SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.

Oil Field

Petrobras Inks Deals for Sale of Shallow-Water Fields

Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.

Power Construction

Sierra Leone Secures $50m Grant to Boost Access to Electricity

The World Bank board of executive directors has approved a $50 million grant from the International Development Association to improve access to electricity in …

Offshore Wind Power

Northland Power to Buy into 1,2GW Offshore Wind Farm Project in Poland

Northland Power has entered into an agreement with Poland’s PKN ORLEN to acquire a 49% interest in the Baltic Power offshore wind project in the Baltic Sea wit…

South Africa

SOUTH AFRICA: Three Rounds of Tendering for 6.8 GW of Renewable Energy

The South African government is about to launch three qualification cycles for the production of 6,800 MW of renewable energy in the country.

Floating Solar Project

Large Scale Floating PV to Sell Power at $0.0368/kWh in Indonesia

A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the …