Economy

Energy Investment

Swedfund and IFU Invest in Renewable Energy Development in Southern Africa

Swedfund and the Danish Investment Fund for Developing Countries, IFU, have partnered with Sturdee Energy to accelerate the expansion of renewable energy in Sou…

Energy Investment

China Expands Investments in Wind, Hydropower and Photovoltaic (PV) Energy Amid Global Economic Slowdown

In response to the global economic slowdown, China has stepped up its investments in green energy, with a new focus on solar PV, wind and hydropower development…

Energy Investment

Scottish Government Triples Offshore Wind Investment in 2025/26 Budget

Shona Robison MSP, Cabinet Secretary for Finance, has announced in the draft Scottish Budget for 2025/26 that the Scottish Government will nearly triple its inv…

Energy Investment

US Department of Energy Invests in Marine Energy and Offshore Wind Research at Universities

The U.S. Department of Energy (DOE) has announced an investment of more than $18 million to fund 27 research and development (R&D) projects aimed at advancing m…

Energy Investment

Offshore Wind and Marine Energy Projects Get USD 18 Million Boost From US

The US Department of Energy (DOE) has allocated over USD 18 million for 27 research and development (R&D) projects to advance marine energy and offshore wind te…

Energy Investment

Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

Türkiye is making significant strides toward its 2053 net-zero carbon emissions goal by ramping up investments in energy storage systems according to T&uum…

Tender/bid

Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs

Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading …

Metal

Iron Ore Extends Gain as China’s Manufacturing Activity Improves

Iron ore advanced for a second day as China’s manufacturing activity expanded following Beijing’s stimulus measures to shore up the economy.The Caix…

Oil Price

Oil Rises With Focus on China’s Economy, OPEC+ Supply Meeting

Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ meeting for further direction…

Electric Vehicles

EVs Help Vehicle Emissions Drop to Historic Low in the U.S.

EVs and PHEVs brought huge climate wins for the transportation sector in 2023. Emissions are down, fuel economy levels are up.Fully electric and hybrid vehicles…

Hydrogen Project

ORLEN’s Hydrogen Projects Receive Recognition

Three flagship hydrogen projects by ORLEN have been honoured by the Ministry of Climate and Environment, receiving recognition at the annual Conference of the P…

Geothermal Power Plant

Small-Scale Geothermal Power Plants in Japan Pave Way for Bigger Plants

With a host of benefits to the local community and economy, the Tsuchiyi Onsen-geothermal power plant in Japan serves as a model for larger-scale projects.Tsuch…

Energy Investment

Naturgy and the EIB Agree on a €1 Billion Loan to Invest in Solar Photovoltaic and Onshore Wind Energy Projects in Spain

Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start…

Energy Investment

Sulmara Secures £15M Cash Boost

Image: SulmaraBGF has made a £15m investment in Sulmara, an independent provider of survey and inspection services to the offshore wind and energy markets…

Offshore Wind Power

‘Sofia Creates £760M of Value for UK Economy’

[Image: RWE]A study commissioned by RWE on the socio-economic impacts of its flagship 1400MW Sofia offshore wind farm project, spotlights the value it is creati…