Energy economy

EU

EU Magnesium Prices Surge by 80pc on China Cuts

European magnesium prices surged by 80pc yesterday amid supply cuts in China and depleted European stocks, leaving key end-users in the aluminium and titanium s…

China

China’s Silicon Export Prices up 60pc with Energy Curbs

Export prices were assessed at $8,500-8,550/t fob, up from $5,120-5,150/t fob over the same period.

China

China Establishes Electricity Equipment Giant Through Merger

China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …

Energy Investment

DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access

The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-dur…

Hydropower Plant

Hydro Plants Refinanced in Colombia

Holland & Knight has announced it advised Bancolombia S.A. as the lender in a refinancing of five hydroelectric power plants operated by Grupo LAREIF.

United Kingdom

UK Power Sector Could See Tidal Wave Of Bankruptcies

More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…

Energy Storage Battery

Dominion Acquires 20MW Virginia Battery

East Point Energy sells Dry Bridge project which will come online next year

Thermal Plant

Siemens Energy Bags Seal for Waste-to-Energy Plant in UAE

Siemens Energy will primarily supply electrical house substations to deliver distributed power to the entire process plant, which will be in continuous operatio…

Energy Investment

EBRD Signs EUR 40 million Loan for Serbia’s Smart Metering Roll-Out

Serbia currently generates network losses of some EUR 200 million a year

Solar Power Plant

France to Add 3.7GW of Solar Capacity with €5.7bn Aid

France is set to expand its portfolio of renewable energy capacity with an additional 3,700MW of solar energy using €5.7 billion in funding approved by the Eur…

Energy Investment

Algeria Aims for $2.6 billion Increase in Energy Investment Next Year

OPEC member Algeria plans to increase investment in its oil and gas sector by $2.6 billion next year to boost production by 8.9 million tonnes of oil equivalent

Energy Investment

World Bank Approves Loan for Hydropower Plant in Indonesia

The hydropower plant will help Indonesia to meet electricity demand and support its decarbonisation goals.

Energy Investment

Hanwha Q CELLS to Invest KRW1.5tr in Korea by 2025

Hanwha Q CELLS announced on Sept. 9 that it will invest 1.5 trillion won in domestic production and research facilities by 2025.

Energy Investment

UAE and South Korea in Talks to Deepen Trade Ties

The countries are resuming talks about a multilateral trade agreement to boost their economic relationship

Energy Investment

NZ Investor Sets up Singapore Clean Power Arm

New Zealand based investment company Infrantil is committing €197m to establish Gurin Energy, a renewable energy development platform headquartered in Singapor…