Economy

Energy Investment

Canadian Investment Firm to Acquire Emami Power in India

Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.

Solar Company

Valmont Acquires Undisclosed Stake in Energia Solar do Brasil

Global manufacturing company Valmont Industries has acquired a significant stake in Brazil-based Energia Solar do Brasil.

Energy Investment

America's DFC to Invest $350 Million in India

The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services…

Offshore Wind Power

Total to Buy 51% Stake in Seagreen 1 Offshore Wind Farm

Global energy player Total has agreed to buy 51% stake in Seagreen 1 offshore wind farm project from SSE Renewables.

China Belt and Road

China Signed New Contracts for Water Conservancy Construction with 53 Countries Along the Belt and Road

Chinese companies have made non-financial direct investment in 53 countries along the Belt and Road to reach us $5.23 billion.

Offshore Wind Power

Iberdrola to Pour up to EUR 4bn in Renewables in France

Spanish power utility Iberdrola SA plans to invest between EUR 3 billion and EUR 4 billion over the next four years.

Africa Energy

Libya Oil Production Comes to Halt as Economy Affected

The civil war enforced by the warlord Khalifa Haftar in Libya has brought oil production and exports to a grinding halt, creating financial strain on the UN-rec…

Ice Brent Crude Futures Rise Above $40/bl

Crude futures rose in early Asian trading amid optimism for further production cuts by the Opec+ alliance ahead of talks that could be brought forward to this w…

Smart Grid

How to Develop a Smart Grid Economy in Ile-De-France

The challenges of ile-De-France's energy transformation and large urban projects make it necessary to develop a new way of producing and managing energy.

Coal-Fired Power Plants

KEPCO Warned Over Coal Projects in Vietnam, Indonesia

BlackRock sought rationale from the South Korea utility for the investments.

Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process

German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country's goal fo…

US Ethanol Output Continues to Rise, Stocks Fall Again

US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy…

Strategic Union Between French and British Renewable Firms

UK renewable energy specialist Dulas has finalised an agreement with French remote sensing company Leosphere, part of the Vaisala group.

Energy Investment

Global Energy Investment to Plunge 20% This Year: IEA

Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.

Energy Investment

Virus Sparks Record Drop in Energy Investment: IEA

The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.