Economy

Electricity Transmission

Nepal Receives $200m ADB Loan for Power Transmission System Upgrades

The Asian Development Bank has agreed to give a $200m concessional loan to help upgrade power supply and transmission systems in Nepal.

Energy Investment

Spain's Cabrera Solar Project Receives EIB Investment

The European Investment Bank has decided to invest €43.5m in Cabrera Solar Project in Andalusia, Spain.

China Energy

China State Grid Completes a Wholly-Owned Acquisition of Chile's Chiquita Group

The project is also the largest investment project by Chinese companies in the field of Chile's energy and utilities.

Market Analysis

UK Government's Advisers Urge it to Back Hydrogen Economy in Stimulus Plans

Official climate advisers call for accelerated support for demo projects. Meanwhile, new research shows how hydrogen could be ramped up without direct subsidies…

New Zealand

Hiringa and Mitsui Jointly Pursuing Hydrogen Projects in New Zealand

Green hydrogen supplier Hiringa Energy will jointly pursue hydrogen-related commercial projects in New Zealand with trading.

Wells Fargo Signs Supply Agreement with Shell Energy and MP2 Energy

Financial services firm Wells Fargo has signed structured renewable energy agreements with Shell Energy North America and its subsidiary MP2 Energy for nearly 1…

Energy Investment

World Bank to Support Nepal's Energy Sector with $100m Credit

The World Bank has agreed to support energy sector reform in Nepal by giving the country's government a $100m development policy credit.

Energy Investment

Mitsui Invests $25m in FirstElement Fuel

Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.

Clean emission

IEA Lays Out $3T Global Green Recovery Plan Over 3 yrs

A sustainable recovery from COVID-19 crisis could create millions of jobs while decreasing emissions, new report says.

Energy Investment

Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape

The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.

Solar Power Plant

ADB to Invest $17.7 Million in a Solar Power Project in Bangladesh

This is one of the first private sector solar projects in the country financed by a multilateral institution.

Hydrogen Fuel Cell

Hydrogen Fuel Economy Is Finally Going Mainstream

Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal, mainly due to a host of techn…

Energy Investment

Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says

While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.

Solar Power Panel

Greece Presents Mobile Recycling Kiosk Powered by Solar Panelss

their portable automated machine that runs exclusively on a photovoltaic system.

Market Analysis

Why Hydrogen, Why Now? Because Climate, Economy And Finance Say So

Hydrogen energy is seeing unprecedented support. Not only from long-time enthusiasts like Japan and Korea, but from upstarts like Australia and Chile.