Economy

Ammonia
Suez Canal Economic Zone Signs $3Billion Green Energy Deal
Agreement with a consortium including French company EDF Renewables will lead to nearly 350,000 tonnes of green fuel being produced annually for ships passing t…
Offshore Wind Power
Energy Prices to Remain Significantly Above Average up to 2030 and Beyond
Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.
World Needs Extra $1.3 Trillion Energy Investment by 2030
The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas to…
EU
Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure
It will also use the financing to improve its water and sewerage network, implement circular economy projects and reduce emissions.
Carbon Emissions
BlackRock-Led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …
Hydrogen Technology
Japan’s ‘Hydrogen Economy’ Runs the Risk of Being Powered by Coal
The government-led drive to boost hydrogen energy and lower emissions may end up giving coal-fired power plants a new lease on life
Energy Storage Battery
“Hibernating” Energy Storage Solves U.S. Seasonal Power Generation Problem
Fossil energy stakeholders continue to cast doubt upon the power of renewable energy to transform the global economy, but their grip on reality is loosening wit…
Green Hydrogen Electrolyzer Provider Closes $45 Million Series B
Ohmium International secured funding that is expected to quadruple the manufacturing output of its modular PEM electrolyzers.
Public Clean Energy Spending Jumps 50% to $710b Since October 2021
Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …
Philippines
Higher Generation Costs Push Philippine April Rates up
Higher generation cost has driven the overall rate for a typical household in the Philippines up by P0.53 to P10.18 per kilowatt-hour (kWh) in April, the Manila…
ADF Invests $5.5m for Desert to Power Renewable Energy Initiative
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert …
Green Banks Are Needed to Plug Climate Finance Gaps
Green Banks have a critical role to play in overcoming climate finance gaps.
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
Adani Group Gets US$2 Billion in Green Investments
Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…
CNOOC
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…

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Economy

Suez Canal Economic Zone Signs $3Billion Green Energy Deal

Energy Prices to Remain Significantly Above Average up to 2030 and Beyond

World Needs Extra $1.3 Trillion Energy Investment by 2030

Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure

BlackRock-Led Group Invests $525M Toward India Renewable Energy

Japan’s ‘Hydrogen Economy’ Runs the Risk of Being Powered by Coal

“Hibernating” Energy Storage Solves U.S. Seasonal Power Generation Problem

Green Hydrogen Electrolyzer Provider Closes $45 Million Series B

Public Clean Energy Spending Jumps 50% to $710b Since October 2021

Higher Generation Costs Push Philippine April Rates up

ADF Invests $5.5m for Desert to Power Renewable Energy Initiative

Green Banks Are Needed to Plug Climate Finance Gaps

Energy Spending to Hit Record High of over $2t in 2022: Report

Adani Group Gets US$2 Billion in Green Investments

China's CNOOC to Raise up to $5.08 Billion From Share Issue