Economy

Energy Investment
Chevron Invests in Offshore Wind Energy for First Time
Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbin…
Offshore Wind Power
PSEG Completes 25% Acquisition of Ocean Wind
Ørsted and PSEG have completed PSEG’s acquisition of a 25% equity interest in the Ocean Wind offshore wind farm.
Hydropower Plant
Aitken Spence Expands Its Portfolio in Hydropower
Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Hol…
Wind Turbine Blade
Wind Turbine Blade Services Providers GEV and WPL Merge
U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab, a Danish firm providing intelligent technol…
Hydrogen Project
World’s First Clean Hydrogen Investment Fund Launched
Independent asset manager FiveT Capital Holding have launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrast…
Energy Investment
Portugal to Leverage EIB Support to Develop Hydrogen Economy
A Memorandum of Understanding signed between the Portuguese government and the European Investment Bank is expected to help the country fast-track the deploymen…
Shell to Make First Oil Output Profit Since Pandemic
Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.
Hydropower Plant
Akuo Expands Hydropower Portfolio in Bulgaria
Renewable energy producer Akuo from France has completed the acquisition of PVB Power Bulgaria, a company with five hydropower plants.
Energy Investment
Iberdrola Forges Spanish Investment Pact with Insurer
Partnership with MAPFRE targeting 1GW of wind and solar investments
United States
Rice Acquisition Corp. to Combine Aria Energy and Archaea Energy into the Industry-Leading Renewable Natural Gas Platform
The combined Company will be named Archaea Energy (the “combined Company”), with an experienced executive team comprised of leaders from Archaea LLC and Aria.…
Net Zero Emission
Northern Ireland Sets out Net Zero-Carbon Energy Vision
Northern Ireland is consulting on plans to address climate change by implementing a net zero carbon energy policy by 2050, through an increase in renewables, in…
Energy Investment
US Investors form Renewables Player
NuQuest Energy has built a proprietary site-selection system for development push
Digitalization
Dubai's Enoc Plans to Spend Dh250m on Digital Transformation
The company has already begun training staff on the role digitalisation will play in its growth over the next 15-20 years
Joe Biden
US President Includes Nuclear in American Jobs Plan
US President Joseph Biden yesterday announced a USD2 trillion jobs, infrastructure and clean energy plan to reshape the country's economy.
Energy Investment
Greece’s Recovery Plan to Invest €10bn in Clean Energy
The Greek government has published its plan for a post-Covid economic recovery. The strategy aims to mobilize at least €10 billion towards the green energy sec…

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Economy

Chevron Invests in Offshore Wind Energy for First Time

PSEG Completes 25% Acquisition of Ocean Wind

Aitken Spence Expands Its Portfolio in Hydropower

Wind Turbine Blade Services Providers GEV and WPL Merge

World’s First Clean Hydrogen Investment Fund Launched

Portugal to Leverage EIB Support to Develop Hydrogen Economy

Shell to Make First Oil Output Profit Since Pandemic

Akuo Expands Hydropower Portfolio in Bulgaria

Iberdrola Forges Spanish Investment Pact with Insurer

Rice Acquisition Corp. to Combine Aria Energy and Archaea Energy into the Industry-Leading Renewable Natural Gas Platform

Northern Ireland Sets out Net Zero-Carbon Energy Vision

US Investors form Renewables Player

Dubai's Enoc Plans to Spend Dh250m on Digital Transformation

US President Includes Nuclear in American Jobs Plan

Greece’s Recovery Plan to Invest €10bn in Clean Energy