Economy

Wind Energy Technology
Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device
Australian tech start-up, Ping Services, has raised a $1.3 million Seed funding round to accelerate growth and scale up manufacturing of Ping Monito.
Energy Investment
ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round
The Australian Renewable Energy Agency has announced seven companies have been shortlisted and invited to submit a full application.
EU Must Take on its Methane Problem before Turning to Hydrogen
Facing dangerous levels of warming, Europe aspires to achieve a net-zero carbon economy by 2050.
China
Risen Energy secures contract from Xinghai Group in Vietnam
China’s photovoltaic (PV) module producer Risen Energy has secured an engineering, procurement, and construction (EPC) contract from Xinghai Group in Vietnam.
Energy Investment
Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
Brazil's Ibitu Energia has reportedly planned to invest nearly $837m in renewable energy assets over the next five years.
Energy Investment
U.S. Department of Energy Announces $21 Million for Research in EPSCoR States
Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Re…
Electricity Transmission
UK Transmission Companies Criticise $32bn Ofgem Transition Fund
UK energy network regulator Ofgem has announced $32bn (£25bn) of funding to help the country’s energy distributors toward net-zero networks.
Market Analysis
China Leads Global Efforts to Spur Trade
China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitat…
Energy Transition
Global Economy to be Represented at IEA Clean Energy Transitions Summit
The gathering will take place around a virtual table to discuss measures to boost economies, create jobs, reduce global emissions and make energy systems more r…
SoftBank May Divest Stake in Indian Green Energy Firm SBG Cleantech
Japanese conglomerate SoftBank Group is reportedly in talks to sell its 80% stake in Indian green energy firm SBG Cleantech.
Solar Power Panel
US Solar Panel Supplier Sunrun to Acquire Vivint Solar for $3.2bn
Residential solar electricity provider Sunrun has signed a definitive agreement to acquire US-based Vivint Solar for an enterprise value of $3.2bn.
Oil Price
Oil Price Crash Causes Major Recession In Russia
The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the m…
Energy Investment
Coal India and NLC India form 5GW Power Generation Joint Venture
Coal India has formed a power generation joint venture with NLC India to develop solar and thermal power assets.
Oil & Gas Trade
Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal
Warren Buffett's Berkshire Hathaway is finally pulling the trigger.
Energy Technology
Marine Energy Generates £124m for Welsh Economy
A total of £123.7 million has been invested into the Welsh economy as a result of marine technology to-date, and £27.5 million in the last year.

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Economy

Australian Start-up Raises $1.3m for World-First Wind Farm Monitoring Device

ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round

EU Must Take on its Methane Problem before Turning to Hydrogen

Risen Energy secures contract from Xinghai Group in Vietnam

Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets

U.S. Department of Energy Announces $21 Million for Research in EPSCoR States

UK Transmission Companies Criticise $32bn Ofgem Transition Fund

China Leads Global Efforts to Spur Trade

Global Economy to be Represented at IEA Clean Energy Transitions Summit

SoftBank May Divest Stake in Indian Green Energy Firm SBG Cleantech

US Solar Panel Supplier Sunrun to Acquire Vivint Solar for $3.2bn

Oil Price Crash Causes Major Recession In Russia

Coal India and NLC India form 5GW Power Generation Joint Venture

Warren Buffett's Berkshire Buys Dominion Energy Natural Gas Assets in $10 Billion Deal

Marine Energy Generates £124m for Welsh Economy