Energy economy

Solar Power Plant

Bravida Buys Stake in Finnish Energy Company Savon Aurinkoenergia

Sweden-based company Bravida has acquired a stake in Finnish solar energy company Savon Aurinkoenergia.

Wind Farm

Engie Secures $210m Loan for Campo Largo Wind Complex

Engie has secured a loan of BRL1.2bn from the Brazilian Development Bank (BNDES) for its renewable power generation project Campo Largo wind complex – phase 2.…

Nuclear Power Plant

Ukraine Passes Bill to Secure Euratom Loan

The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoato…

Thermal Plant

Bangladesh's 300MW Oil-Fired Plant Bags $199.75 Loans

It’s the first IPP in Bangladesh financed by international commercial financiers.

Renewable Energy

Global Green Energy Growth to Fall for First Time in 20 Years: IEA

Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to p…

Wind Power Project

UK renewables and storage project pipeline approaches 40GW

Some 38.7GW of renewable projects are currently planned across 845 locations across the UK, according to Cornwall Insight's latest renewables pipeline tracker.

French Group Total Buys up Some Assets from Portugal's EDP

Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occident…

Crude Oil

US WTI Crude Futures Rise Above $30/bl

U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.

Energy Investment

Large Shortfall Emerging in German Green Energy Fund

Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor

Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.

Middle East Second Most Popular Region for Renewable Energy Investment

The Middle East is the second most popular region for renewable energy investment after North America, according to a recent report from UK-based law firm Ashur…

French Nuclear Energy Society : Nuclear Essential to Economic Recovery

Making a commitment to build six new EPRs in France would be an "effective stimulus" for the country's economy as it recovers in the years ahead from the shock …

Hydropower Plant

Hull Street Energy Bought the Hydropower Plant

It is a joint venture between Enel Green Power North America and GE Energy Financial Services.

Solar Power Plant

CIT Leads $217 Million Financing for Hillcrest Solar Project in Ohio

CIT group's power and energy division provided $217 million in financing for the 200-megawatt Hillcrest solar photovoltaic project in brown county, Ohio.

Coal Company

Cash-Strapped Coal India Eyes First-Ever Bond Issue

Coal India is under severe pressure due to a rs 17,000 fee installed in unpaid accounts for its firstever power plant and a possible bond issue to raise working…