Energy economy

Energy Investment

Scottish Government Triples Offshore Wind Investment in 2025/26 Budget

Shona Robison MSP, Cabinet Secretary for Finance, has announced in the draft Scottish Budget for 2025/26 that the Scottish Government will nearly triple its inv…

Energy Investment

US Department of Energy Invests in Marine Energy and Offshore Wind Research at Universities

The U.S. Department of Energy (DOE) has announced an investment of more than $18 million to fund 27 research and development (R&D) projects aimed at advancing m…

Energy Investment

Offshore Wind and Marine Energy Projects Get USD 18 Million Boost From US

The US Department of Energy (DOE) has allocated over USD 18 million for 27 research and development (R&D) projects to advance marine energy and offshore wind te…

Energy Investment

Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

Türkiye is making significant strides toward its 2053 net-zero carbon emissions goal by ramping up investments in energy storage systems according to T&uum…

Tender/bid

Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs

Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading …

Energy Investment

Naturgy and the EIB Agree on a €1 Billion Loan to Invest in Solar Photovoltaic and Onshore Wind Energy Projects in Spain

Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start…

Energy Investment

Sulmara Secures £15M Cash Boost

Image: SulmaraBGF has made a £15m investment in Sulmara, an independent provider of survey and inspection services to the offshore wind and energy markets…

Energy Investment

Venterra Secures £30M Funding Boost

Image: Zoltan Tasi/UnsplashGlobal offshore wind services business Venterra Group is set for growth following an uplift in UK Export Finance (UKEF) backed fundin…

Energy Investment

Crown Estate Scotland Pours Funds Into Offshore Wind Research

Crown Estate Scotland has pledged £250 000 to support the Floating Offshore Wind Centre of Excellence, led by the Offshore Renewable Energy (ORE) Catapult…

Energy Investment

Rotterdam Energy Transition Fund Backs Value Group to Drive Development of CO2 Hub

Value Group, the Netherlands-based sustainability innovation company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rott…

Energy Investment

Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds

The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by pr…

Energy Investment

Singapore Government to Invest Sgd$100 Million to Boost Growth in Offshore Energy Over the Next 5 Years

The Singapore Minister of State for the Ministry of Culture, Community and Youth & Ministry of Trade and Industry, Alvin Tan, has announced a new SGD$100 millio…

United States

Argonne Leads $50M Sodium-Ion Innovation Push

The US Department of Energy (DOE) has awarded $50 million over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium. Le…

Energy Investment

$111 Billion Investment on Petrobras’ Five-Year Agenda

Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…

Tender/bid

Ocean Winds Exits Utsira Nord Partnership

Image: PixabayOcean Winds has pulled out of a three-company consortium due to bid in Norway’s upcoming floating wind tender, the second company exit the p…