Economy

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor

Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.

Middle East Second Most Popular Region for Renewable Energy Investment

The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…

Solar Power Plant

Turkey Set to Issue Tender for 1GW of Solar Capacity

Turkey’s minister of energy, Fatih Dönmez, has announced plans to revitalize the country’s Covid-19-stricken economy, which include a 1 GW solar tender under…

French Nuclear Energy Society : Nuclear Essential to Economic Recovery

Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …

Oil & Gas Trade

Saudi Loss of China Oil Market Share Likely Brief

Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…

Hydropower Plant

Hull Street Energy Bought the Hydropower Plant

It is a joint venture between Enel Green Power North America and GE Energy Financial Services.

Solar Power Plant

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio

CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.

Coal Company

Cash-Strapped Coal India Eyes First-Ever Bond Issue

Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…

Citi unveils $1.5 Billion Green Bond to Combat Climate Change

American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.

Geothermal Power Plant

Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia

Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.

Energy Investment

UK Wants to Join Renewable Energy Market in Morocco

Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…

Clean emission

India CO2 Emission Fall, First in 4 Decades

India's emissions of toxic carbon dioxide are falling for the first time in 40 years because of a slowing economy, the growth of clean energy and a continuing b…

Norway Takes $41 Billion From Oil Fund To Bolster Economy

Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…

Energy Saving

A Blooming Chance for Renewable Energy Amid Coronavirus?

In the face of multiple crises, governments can kill two birds with one stone by going big on green stimulus, rescuing the economy while also making big cuts to…

Solar Power Plant

China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo

China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.