Energy economy

World Needs Extra $1.3 Trillion Energy Investment by 2030
The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas to…
EU
Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure
It will also use the financing to improve its water and sewerage network, implement circular economy projects and reduce emissions.
Carbon Emissions
BlackRock-Led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …
Green Hydrogen Electrolyzer Provider Closes $45 Million Series B
Ohmium International secured funding that is expected to quadruple the manufacturing output of its modular PEM electrolyzers.
Public Clean Energy Spending Jumps 50% to $710b Since October 2021
Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …
Philippines
Higher Generation Costs Push Philippine April Rates up
Higher generation cost has driven the overall rate for a typical household in the Philippines up by P0.53 to P10.18 per kilowatt-hour (kWh) in April, the Manila…
ADF Invests $5.5m for Desert to Power Renewable Energy Initiative
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert …
Green Banks Are Needed to Plug Climate Finance Gaps
Green Banks have a critical role to play in overcoming climate finance gaps.
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
Adani Group Gets US$2 Billion in Green Investments
Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…
CNOOC
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…
China
China Energy Maintains Steady Production Growth in Q1
China Energy Investment Corporation (China Energy), a leading energy giant, maintained steady production growth during the first quarter of the year, its spokes…
Net Zero Emission
Ukraine Crisis and Inflation Weigh on ESG Investment Funds
Investment flows to ethical funds fall to $75bn in Q1 amid a sharp drop in risk appetite, IIF says.
Carbon Emissions
EU to Fund Bulgaria’s €6.3bn Recovery Plan
The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…

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Energy economy

World Needs Extra $1.3 Trillion Energy Investment by 2030

Italy’s CAP Group Secures €100m EU Green Loan to Upgrade Water Infrastructure

BlackRock-Led Group Invests $525M Toward India Renewable Energy

Green Hydrogen Electrolyzer Provider Closes $45 Million Series B

Public Clean Energy Spending Jumps 50% to $710b Since October 2021

Higher Generation Costs Push Philippine April Rates up

ADF Invests $5.5m for Desert to Power Renewable Energy Initiative

Green Banks Are Needed to Plug Climate Finance Gaps

Energy Spending to Hit Record High of over $2t in 2022: Report

Adani Group Gets US$2 Billion in Green Investments

China's CNOOC to Raise up to $5.08 Billion From Share Issue

China Energy Maintains Steady Production Growth in Q1

Ukraine Crisis and Inflation Weigh on ESG Investment Funds

EU to Fund Bulgaria’s €6.3bn Recovery Plan

Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'