Energy economy

Australia
Renewables Investment in Australia Reaches $1.56B in June 2022
This is up from $97.2m in March 2016.
Smart Grid
Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain
The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribut…
Offshore Wind Power
RWE Bids for Offshore Wind Seabed Permit in Poland
Poland is going ahead with its offshore wind build-out programme by starting a competitive process for an offshore wind seabed permit within 53.E1 area in the P…
Wind Farm
Vattenfall Signs Grid Contract with Siemens Energy and Aker Solutions
Vattenfall has signed a contract with Siemens Energy and Aker Solutions AS to deliver grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm o…
United Kingdom
Energy Giants Ink Tripartite Grid Contract for a Greener UK
Vattenfall, Siemens Energy and Aker Solutions AS have signed a grid contract for a High Voltage Direct Current (HVDC) project to connect renewable energy onto t…
APAC to Generate Lion’s Share of World’s Energy by 2030
The region is expected to account for 56% of the world’s energy in the next decade.
Masdar Plans Acquisitions as It Continues to Expand Its Portfolio
Exclusive: Abu Dhabi company is assessing new renewable opportunities in different countries, top executive says
Natural Gas
UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow
Gas prices will go from 7p to 10p per kilowatt hour under new guarantee
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
Wind Turbine
Siemens Gamesa Will Cut Nearly 3,000 Jobs
Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes.
United Kingdom
Britain Has Exported More Power to EU Than Ever Before
The country became a net exporter of electricity for three months of the year
Natural Gas
German Economic Institutes See 2023 Contraction as Gas Crisis Hits
Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 p…
Oil Giant Shell Snaps up African Solar Provider Daystar Power
Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday.
Energy Investment
Dubai Investment Fund in Projects Across Australia & Europe
Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, has announced that it will be investing …
Energy Transition
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.

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Energy economy

Renewables Investment in Australia Reaches $1.56B in June 2022

Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain

RWE Bids for Offshore Wind Seabed Permit in Poland

Vattenfall Signs Grid Contract with Siemens Energy and Aker Solutions

Energy Giants Ink Tripartite Grid Contract for a Greener UK

APAC to Generate Lion’s Share of World’s Energy by 2030

Masdar Plans Acquisitions as It Continues to Expand Its Portfolio

UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow

Europe's Crisis Measures to Tackle Energy Price Spike

Siemens Gamesa Will Cut Nearly 3,000 Jobs

Britain Has Exported More Power to EU Than Ever Before

German Economic Institutes See 2023 Contraction as Gas Crisis Hits

Oil Giant Shell Snaps up African Solar Provider Daystar Power

Dubai Investment Fund in Projects Across Australia & Europe

New VC Fund for Energy Transition Start-Ups in Europe