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Energy economy
Energy Investment
Ambri Receives $144m Investment for Battery System Manufacturing Plants
Ambri will use the funding to commercialise and grow its long-duration system technology.
Power Construction
Egat to Import More Electricity from Laos
Additional 1,200MW under long-term deal
Nuclear Reactor
Framatome Acquires RCM Canada Nuclear Power Division
French nuclear infrastructure firm Framatome is acquiring a Canadian company that will help broaden its reactor work in that nation and beyond.
Solar Power Plant
Zaev: North Macedonia to Invest in 700 MW Solar Power Plant with Serbia, Albania
North Macedonia’s Prime Minister Zoran Zaev said after a meeting with the leaders of Albania and Serbia that they would jointly invest in a photovoltaic system…
Cooperation case
China's Fortune Global 500 Companies Rise to 143
Chinese companies have thronged the 2021 Fortune Global 500 list amid steady economic fundamentals and healthy business growth in the country.
Biofuel
Shell Biofuel JV Starts Trading
Shell has begun trading shares of Raizen, its renewable energy joint venture with Brazilian energy company Cosan, on the Sao Paulo Stock Exchange, following an …
Offshore Wind Power
Beatrice Offshore Transmission Assets (OFTO) Sold
The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners as the preferred bidder for the offshore transmission licenc…
Energy-Eficient Building
EU Backs Financing for Greener Homes and Businesses in North Macedonia
On successful completion of the projects, borrowers will be eligible for up to 20% cashback, funded by the European Union.
Offshore Wind Power
TotalEnergies Eyes Stake in World’s Largest Offshore Wind Farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French…
Solar Power Plant
PMSE Secures Financing for Cirata Floating Solar Plant in Indonesia
The floating solar plant is scheduled to begin commercial operations in the fourth quarter of next year.
Energy Investment
Hyundai to Take Stake in German Hydrogen Fuelling Group H2 Mobility
Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure…
Solar Power Plant
Enlight Acquires Solar and Energy Storage Developer
Enlight Renewable Energy has achieved all required regulatory approvals to acquire a 90.1% share of Clēnera LLC, a company in the field of initiation, developm…
Electricity Transmission
Victoria Plans Grid Upgrades to Support Renewable Energy Zones
The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.
Wind Farm
MET Group Acquires 60 MW Suvorovo Wind Farm in Bulgaria
Swiss-based gas and power trader and electricity producer MET Group has bought a 60 MW wind farm in Bulgaria within a plan to boost its operational renewable po…
India
India’s Adani Sets up Petrochemical Subsidiary
Major Indian conglomerate Adani Enterprises has set up a new subsidiary, Adani Petrochemicals, to invest in refineries, petrochemical complexes, specialty chemi…
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