Economy

Vestas Inks Transport Deal with Maersk

Long-term strategic partnership for all containerised transport

EV Market

Opibus Secures SSA’s Largest-Ever Fundraise in Electric Mobility

The investment is the largest ever in an electric mobility company in sub-Saharan Africa and is aimed to scale its operations in electric motorcycle and bus man…

CIIE Helps Exhibitors Find Access to Chinese Market

Influenced by a new type of consumers and buoyed by the upcoming shopping season in China, exhibitors at the ongoing China International Import Expo have been s…

RCEP

Chinese Enterprises Embrace Opportunities with RCEP Taking Effect

Su Feili, owner of a foreign trade company in south China's Guangxi Zhuang Autonomous Region, was excited when learning that the Regional Comprehensive Economic…

United States

US Energy Prices Likely to Rise as Result of Winter Heating Pressure

US consumers will be hit with much larger heating bills than last year due to surging energy prices.

United Arab Emirates

EGA Completes Expansion of Al Taweelah Smelter to Boost Production Capacity

Company sold 1.18 million tonnes of cast metal to customers in more than 50 countries during the first half of 2021

Energy Transition

Accelerating the Global Energy Transition for a 1.5°C Future

“Placing priority on the people most affected, opens an opportunity to transition from an economy focused model of development into an integrated model that co…

Energy Investment

KKR Invests $2bn in South Korean Energy Company SK E&S

Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.

Morocco

Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy

Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said in a tweet on Tuesday.

Energy Security

Coal Shortage, Higher Energy Prices Driving Rising Inflation

Higher energy prices to drive up global inflation to 3.23% in 2021, says research.

RCEP

RCEP Free Trade Pact to Take Effect in January

The Regional Comprehensive Economic Partnership, or RCEP, will come into effect in January.

Offshore Wind Power

SSE Pacifico to Tackle Japanese Offshore Wind Market

SSE Renewables has formed a new joint ownership company called SSE Pacifico to pursue the development of offshore wind projects in Japan.

Electrification

COP26: New Alliance to Unlock $100bn for Renewable Electrification

The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti…

Offshore Wind Power

Eni Acquires Stake in Dogger Bank C Wind Project

Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…

Energy Investment

More Investment in Supply Side of Gas Need of the Hour: GECF

As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…