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Energy economy
Alpha Dhabi’s W Solar to Invest in 2,000MW Libyan Renewable Energy Project
The agreement will help Tripoli to diversify its energy mix and boost the overall economy
Companies Call for Energy Rationing
EDF, TotalEnergies and ENGIE have said energy price hikes “threaten political and social cohesion”
SG Kicks off Multilateral Cross-Border Trade of Renewable Energy
The renewable hydropower was imported from Lao PDR via Thailand and Malaysia.
Energy Investment
IRENA, OPEC Fund Tie Up to Advance RE Investment
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) to further advance investment in renewable energy.…
Energy Investment
Record Global Energy Investment to Grow 8% To $2.4T in 2022: IEA
This is on the back of investment in renewables and grids.
India
India’s RE Auction to Continue Attracting Large Developers
IEEFA said current challenges will not have long-term impact to India’s energy sector.
Energy Transition
Greece to Mobilise €1.63BN Investment for ‘Just’ Climate and Energy Transition
Its plan will benefit from grants of €1.38bn from the EU’s Just Transition Fund Programme.
Energy Investment
Renewables to Drive 8% Rise in Global Energy Investment in 2022
Green energy, grids and storage now account for more than 80% of total investment in power sector.
India
New Report Shows That India Will Require $223 Billion to Meet RE Goals
India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by researc…
Energy Transition
$300M Pan-African Renewable Energy Fund (Paref) Established
The Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption in Africa has been established.
United Kingdom
UK Government £263MN ‘Tax Calamity’ Warning to Energy Sector
Energy businesses urged to prioritise their compliance to IR35 rules to avoid penalties issued to government warns insurance provider Qdos.
Latest Ofgem Measures Protect Consumer Credit Balances
Energy regulator Ofgem has announced new measures to improve the financial health of energy suppliers and enable resilience in the face of future energy market …
Energy Investment
Renewable Energy: Bringing New Wave of Sustainable Energy Investment to Africa
As IWP&DC discovered, there is much to discuss with regards to climate change, water supplies, hydropower potential and investment across Africa.
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
Energy Investment
UK Energy Windfall Tax ‘Undermining Investment'
UK government’s new windfall tax may already be undermining the major investments needed according to Offshore Energies UK.
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