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Economy
EU
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
Hydrogen Project
Snam and IRENA Partner to Develop Global Hydrogen Economy
Italian energy operator Snam and IRENA (International Renewable Energy Agency) have announced a partnership agreement aimed at developing green hydrogen worldwi…
Energy Crunch: Three more UK Power Firms Collapse
Record prices for natural gas have pushed three more United Kingdom energy firms out of business.
Turkey
Turkey's Energy Import Bill up 104% in August 2021
Turkey's energy import bill increased by 104% to $4.36 billion in August this year compared to the same month last year.
Energy Investment
US Smart Electric Grid Projects Receive $11m Boost
The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, co…
Energy Investment
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
Energy Investment
GIG, TotalEnergies and RIDG to Participate in ScotWind Leasing Round
A consortium of Macquarie’s Green Investment Group 9GIG), TotalEnergies and Scottish developer RIDG has announced a bid for an offshore wind project west of th…
Wind Power Project
Statkraft Sells Andershaw Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purc…
Electric Vehicle Battery
China’s Evergrande Auto Cancels EV Listing on Exchange
China's key property developer Evergrande has abandoned plans to list its electric vehicle business on the Shanghai Stock Exchange because of a liquidity crisis…
Wind Power Project
RWE Invests in Wind Energy Operations Hub in the UK
RWE is to make a major strategic commitment to the UK’s east coast with the creation of a state-of-the-art operations hub at Grimsby’s Royal Dock, England.
China
China’s New Green Bond Issues to Reach $928m in 2021
Carbon emission reductions and carbon neutrality are among the hottest topics in the world. A total of five sub-forums at the 2021 Zhongguancun Forum, held from…
Energy Investment
Mitsubishi Invests in Laos Wind Farm
The 600-megawatt wind power plant in Sekong and Attapeu provinces in southern Laos, a first for the country, will be developed by Hong Kong-based Impact Energy …
EU
EU Magnesium Prices Surge by 80pc on China Cuts
European magnesium prices surged by 80pc yesterday amid supply cuts in China and depleted European stocks, leaving key end-users in the aluminium and titanium s…
China
China’s Silicon Export Prices up 60pc with Energy Curbs
Export prices were assessed at $8,500-8,550/t fob, up from $5,120-5,150/t fob over the same period.
China
China Establishes Electricity Equipment Giant Through Merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …
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