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Economy
China’s Mega Projects: Energy
Energy is driving the rapid development of China’s economy. Challenges have to be overcome to protect the environment.
Energy Investment
Aveva to Acquire Digital Company OSIsoft for $5bn
Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.
Energy Investment
Actis to Acquire Green Energy Projects from ReNew Power in India
UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.
Energy Investment
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Energy Investment
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Energy Investment
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
Energy Investment
Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms
It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer.
Saudi Energy Ministry to Assist Development of Mega Economic Zone Neom
The 26,500 square km development, first revealed in 2017 with a planned completion in 2025, will include high-tech projects powered by wind and solar energy.
Biobattery
Nova Pangaea Set for Expansion Following £900,000 Funding Round
Nova Pangaea Technologies, the U.K. company which sustainably converts biomass into valuable feedstocks for biofuels.
Australia
After Abandoning Coal, Suncorp will Phase Out Oil and Gas Financing
One of Australia’s largest insurers Suncorp has announced a significant retreat from fossil fuels, declaring it will not directly finance or insure new oil and…
India
Indian Energy Exchange To Launch Renewable Energy Trading On August 21
Power regulator Central Electricity Regulatory Commission had given the nod on August 17 to commence green term-ahead market in the country.
Libya
Turkey Set to Receive $35 billion in Libya Contracts
Following a maritime and military agreement signed in November, Turkey and Libya’s United Nations-recognised Government of National Accord (GNA) inked another …
Solar Power Panel
Sonnedix Secures Financing for Solar Portfolio in Spain
Independent solar power producer Sonnedix has secured $183m (€154m) in funding for 62 solar photovoltaic (PV) plants in Spain.
Geothermal Greenhouses in Caldiran, Turkey Important Contribution to Local Economy
In the Caldiran district of Van, one of the coldest municipalities of Turkey, a geothermal energy heated greenhouse set up with the support of Turkey’s Ministr…
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