Economy

Electric Car
Volkswagen Invests $620 million in Northvolt to Secure Battery Supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…
Energy Investment
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesd…
Trinidad and Tobago
Trinidad and Tobago Laying the Foundation for a Hydrogen Economy
Hydrogen featured in Keith Rowley’s, Prime Minister of Trinidad and Tobago, speech on energy with the nation said to be exploring feasibility and regulatory as…
Nuclear Power Plant
Iraq Plans Nuclear Power Plants to Tackle Electricity Shortage
Iraq is planning to build eight nuclear reactors to tackle a crippling power shortage in the oil-rich economy.
Nuclear Power Plant
White House Cautiously Embraces Nuclear Power to Meet Green Goals
U.S. President Joe Biden's administration is cautiously embracing nuclear energy, despite lingering safety concerns, to help achieve its goal of a net-zero carb…
EV Market
Tesla's China Orders Fall by Nearly Half in May
Tesla Inc's vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the US electric carmaker.
Wind Power Project
Engie Closes Financing of 150 million Dollars for Future Punta Lomitas Wind Power Plant
Engie Energía Perú closed a financing for 150 million dollars for up to 12 months in order to finance part of the estimated investment to develop the future P…
Wind Power Tower
CS Wind Takes over World's Largest Wind Tower Plant in the U.S.
CS Wind, the world's No. 1 wind turbine tower manufacturer, announced on June 3 that it has acquired a 100 percent stake in a U.S. plant of Danish wind turbine …
Power Construction
Canada Invests Over $960 Million in Grid Modernization, Renewable Energy Projects
The Smart Renewables and Electrification Pathways Program supports building Canada's low-emissions energy future and a renewable, electrified economy.
Hydrogen Technology
SK Makes Strategic Investment in Clean Hydrogen Company Monolith; “Cyan Hydrogen”
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith, a US company that has developed a plasma-based process to produce “cyan…
Rosatom
Schneider Electric and Rosatom Expand Cooperation
Schneider Electric and Rosatom signed an agreement to extend a 2015 Memorandum of Understanding.
Electric Vehicle Charging
Iberdrola and RB Iberia to Install 400 Electric Vehicle Charging Points in restaurants
Iberdrola continues to accelerate its sustainable mobility plan, which foresees the installation of 150,000 electric chargers in homes, businesses and on public…
Energy Storage Project
Agilitas Energy Acquires New England Energy Storage Project Developer
Renewable energy developer Agilitas Energy announced it has acquired Boston-based New England Battery Storage, a private energy storage developer focused on uti…
Energy Investment
SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company
SK Inc., the holding company of SK Group, is expediting the expansion of its eco-friendly hydrogen business, a key area of its ESG management.
Energy Investment
EU, Bill Gates form $1 billion Clean Energy Pact
The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as gree…

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Economy

Volkswagen Invests $620 million in Northvolt to Secure Battery Supply

Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project

Trinidad and Tobago Laying the Foundation for a Hydrogen Economy

Iraq Plans Nuclear Power Plants to Tackle Electricity Shortage

White House Cautiously Embraces Nuclear Power to Meet Green Goals

Tesla's China Orders Fall by Nearly Half in May

Engie Closes Financing of 150 million Dollars for Future Punta Lomitas Wind Power Plant

CS Wind Takes over World's Largest Wind Tower Plant in the U.S.

Canada Invests Over $960 Million in Grid Modernization, Renewable Energy Projects

SK Makes Strategic Investment in Clean Hydrogen Company Monolith; “Cyan Hydrogen”

Schneider Electric and Rosatom Expand Cooperation

Iberdrola and RB Iberia to Install 400 Electric Vehicle Charging Points in restaurants

Agilitas Energy Acquires New England Energy Storage Project Developer

SK Inc. Invests in Monolith, a U.S. Hydrogen Technology Company

EU, Bill Gates form $1 billion Clean Energy Pact