Economy

Coal-Fired Power Plants

ADB Urged to Withdraw Financing New Coal-Fired Energy Projects

The Asian Development Bank has been urged to withdraw from financing new coal-fired energy projects by its Independent Evaluation.

Energy Investment

EU Bank Acquires 25% Stake in Romanian Gas Company

The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.

United Kingdom

BP to Sell London Headquarters as Work Style Shifts

BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.

Market Analysis

South Africa Sees Worst Power Cuts on Record in 2020, Research Shows

The power cuts by ailing state utility Eskom are one of the biggest challenges facing President Cyril Ramaphosa as he tries to revive investor confidence in Afr…

China

China Sees Record-Breaking Electricity Consumption In August

China’s electricity consumption hit a record this month after rising steadily since the start of summer, noting that the trend suggested a robust recovery in e…

Solar Company

Centrotec Taking Control of Solar Module Maker Sonnenstromfabrik

German heating and ventilation equipment provider Centrotec SE has agreed to take over PARI Group AG.

Hydrogen Fuel Stations

Two New Hydrogen Stations Planned for the Netherlands

Two new hydrogen filling stations will be operational in the Netherlands next year as part of a partnership between Holthausen and Resato International.

H2ermes: Green Hydrogen for a More Sustainable Amsterdam

​Hydrogen will play a key role in the transition to a sustainable 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.