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Economy
Energy Transition
IRENA Releases World Energy Transitions Outlook
Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4% over the expected growth of current plans within the next deca…
Energy Investment
India’s NTPC to Expand Generation Capacity with $13.4bn Investment
NTPC, one of the largest power generation companies in India has announced plans to expand its renewable energy capacity to meet growing energy demand and susta…
United Kingdom
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to…
Vietnam
Mainstream to Buy Stake in 405MW Vietnamese Solar
Irish renewables company to acquire 80% of Technology and Development Joint Stock Company's portfolio
Solar Power Plant
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project
The plant will feed 100 MW into the grid of the state-owned utility Eskom.
Hydrogen Project
SK Group Aiming to Become World's No. 1 Hydrogen Player
SK Group has set up a blueprint for a hydrogen economy. Its goal is to invest about 18 trillion won over the next five years and become the world's No. 1 hydrog…
Oil Pipeline
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is …
Net Zero Emission
KB Financial Group to Walk Towards Carbon Neutrality for Future Generations
KB Financial Group held its environmental, social, and corporate governance commitments on June 24 to declare "KB Net Zero S.T.A.R." as a mid- to long-term carb…
Offshore Wind Power
Vattenfall to Sell 49.5% of the Offshore Wind Farm Hollandse Kust Zuid to BASF
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid in the Netherlands.
Energy Storage Battery
Battery Industry Could Boost Australia’s Economy By $5.6 Billion
Australia has a chance to boost its economy by US$5.6 billion and become a leading player in battery chemistry and technology if it expands its raw materials-fo…
Solar Power Plant
AFRICA: FSD Invests $4.5m in Nithio for Solar Kits in Three Countries
FSD Africa Investments, the investment arm of FSD Africa, is investing $4.5 million in Nithio.
Electric Car
Umicore Announces Equity Investment in Solid-State Battery Company Solid Power
This stake was built through two successive investment rounds which Solid Power raised before launching the next phase of its growth through a public listing.
Nuclear Power Plant
US DOE to Offer Funding for Nuclear Energy Projects
The funding will support projects that will improve resiliency and develop carbon-free nuclear power.
Energy Investment
Mubadala Acquires 2.6% Stake in Russian Aluminium Company En+
The deal increases the Abu Dhabi sovereign fund's stake size to 2.86% in total
Wind Turbine
Sulzer Schmid Closes Series B Round to Drive Its Transition from Tech Start-up to Major Enterprise
Sulzer Schmid, a Swiss company pioneering UAV technology for wind rotor blade inspections, announced today that it has completed a series B round.
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