Economy

Market Analysis

Proposed $16B Project Combines World’s Largest PV Farm, Largest Battery, Longest Undersea HVDC Cable

Here’s a high-level cost estimate of what transmitting solar power underneath an ocean might cost for the proposed $16 billion Australia–ASEAN power line.

Smart Energy

Cities and Community Investment in Smart Energy to Hit $64 billion by 2030

Research firm Guidehouse Insights predicts the global market for smart energy technologies to expand at a compound annual growth rate of 10% between 2020 and 20…

Hydrogen Project

EIT InnoEnergy Launched the European Green Hydrogen Acceleration Centre Initiative

Sustainable energy company EIT InnoEnergy has launched the European Green Hydrogen Acceleration Centre (EGHAC) initiative, aimed to support the development of a…

Clean Energy Transition

Kazakhstan’s Transition from Coal to Renewables gets $95.3m Boost

Help Kazakhstan reduce its reliance on coal for energy.

Energy Transition

Maldives Renewables Transformation Receives $10m Boost

The Asian Development Bank is increasing its financial aid to support the Maldives in securing its energy supply, modernise the grid, and decarbonise its genera…

Hydropower Plant

Centre Approves Rs 1,810 cr Investment for Himachal Hydro Project

The Cabinet Committee on Economic Affairs on Wednesday approved the investment of Rs 1,810.56 crore for the 210 MW Luhri Stage-I Hydro Electric Project located …

Blue Pearl Energy Launches Innovative European Platform for B2B Energy Services with the Support of DWS

The innovative European platform for B2B energy services Blue Pearl Energy opens up the energy service market for companies, public institutions and communal li…

Wind Farm

DNV GL Advises Refinancing of 12 Spanish Wind Farms

DNV GL has announced that it has supported CI III Monegros Energy Holdco in refinancing its portfolio of twelve wind farms in Spain.

Air Products to Showcase Advanced Technologies, Equipment and Solutions

Air Products (NYSE: APD), a world-leading industrial gases company serving the China market for 33 years, will exhibit for the first time in the 3rd China Inter…

Shell Acquires Full Control of Chinese Gas Station Joint Venture

Royal Dutch Shell Plc has acquired full control of one of its gas station joint ventures in China as the oil major doubles down on the fuel retailing market in …

Hydrogen Fuel Cell

Volvo & Daimler Launch Fuel Cell Joint Venture

The Volvo Group and Daimler Truck AG have signed the binding agreement to establish the announced joint venture for the development, production and marketing of…

Energy Investment

Mozambique Gets $50m from OPEC Fund to Support Energy Access

Mozambique will benefit from a loan of $ 50 million from the OPEC Fund, in support of its policy of promoting access to energy.

Market Analysis

UAE Unveils $1.7bn Sustainability Initiatives for Dubai

United Arab Emirates unveiled its new environmental and sustainability initiatives worth AED6.6bn in Dubai.

Energy Investment

Telangana Aims to Attract $4-billion Investment in E-Mobility Sector by 2030

Telangana is planning to attract $4 billion investments in the state and create employment for 120,000 persons by 2030 through electric vehicles in shared mobil…

Enphase Energy Beats Revenue Guidance on Back of ‘Significant Improvement’ in Global Demand

Enphase Energy exceeded its revenue guidance in the third quarter as microinverter shipments rebounded strongly on the back of a “significant” improvement in …