Energy economy

Electricity Transmission

Resurgent Power to Buy India's Transmission Line Project

Singapore-based Resurgent Power Ventures Pte Ltd has been nominated to acquire 100 percent stake in India's transmission power line project.

Electric Car

German Car Exports Fall in 3Q, EVs Buck Trend

German car exports fell in the third quarter because of semiconductor shortages and supply chain bottlenecks, but electric vehicle exports grew.

Energy Investment

UAE to Invest in Renewable Energy Projects of 3 GW in Turkey

The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 G…

Energy Investment

Germany Announces €1.2 bn to Help India Fight Climate Change

The IPCC released earlier this year found that both India and Germany will suffer more extreme events due to climate change.

Energy Transition

E.ON Plans to Invest $30bn in Energy Transition by 2026

E.ON’s investment will also focus on expanding its distributed energy infrastructure solutions.

United States

US Storage Player Offloads Stake

Apollo Funds will acquire 50% share in Broad Reach Power from existing investor EnCap and its partners

RCEP

Upgraded China-ASEAN Partnership Amplifies RCEP co-op

HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…

Energy Investment

TotalEnergies, Eni to Invest billions in Libyan Energy Projects

France’s TotalEnergies SE and Italy’s SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and…

Thermal Coal

China's Thermal Coal Futures Plunge Around 60% Since mid-October, State Planner Says

The prices of thermal coal futures have plunged around 60 percent since mid-October as a series of measures have shown results.

Energy Investment

BMW Invests $100 Million In Spartanburg Facility

The company calls South Carolina its "second home".

Japan

Australia Must Keep Japan Central to Its Future Plans

Australia needs to ramp up its already strong ties with Japan in the face of rapidly accelerating economic, environmental and social changes in both countries a…

Energy Investment

Inclusive Growth the Key to China’s Economic Success

The report said China's wealth reached $120 trillion in 2020, compared to $90 trillion for the US. Germany, Japan, Britain, France, South Korea and other countr…

Solar Cell

Hanwha to Invest in REC Silicon to Restart U.S. Polysilicon Production for Solar

Hanwha Solutions, the Korean company behind the Hanwha Q CELLS solar brand, plans to invest $160.47 million for a 16.67% stake in REC Silicon ASA.

Oil Field

Ecuador Clears Repsol to Sell Oil Blocks to New Stratus

Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.

Clean Coal

China to Launch $31.4 billion Reloans for Clean use of Coal

China will put in place targeted reloans to support the clean and efficient use of coal as part of the nation's low-carbon development path