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Energy economy
Energy Storage Project
GLIL Invests £150m in UK Utility, Energy Storage Infrastructure Firm
GLIL Infrastructure, the fund backed by a number of UK local government pension schemes, has invested £150m in specialist utility and energy storage infrastruc…
Energy Storage Battery
Eos Energy Enterprises Gets $100M Investment from Koch
A next-generation zinc battery manufacturer whose factory is in Pittsburgh has received a $100 million investment from a Koch Investments Group subsidiary to he…
LNG
Mexico to Create State-Owned LPG Company
Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector, …
Floating Offshore Wind
Belgium’s Parkwind Secures Funding for German Floating Wind Farm
Belgium-based green energy company Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside Bel…
Oil Refinery
Iraq Closes on New Chinese Refinery Investment Deal
Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, …
Hitachi ABB Power Grids is Evolving to Become Hitachi Energy
Hitachi ABB Power Grids announced that it will be evolving to become Hitachi Energy from October 2021.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Energy Storage Battery
Conrad Energy Completes Strategic 44MW Battery Storage Asset Acquisition
The battery asset will provide immediate revenue for Conrad Energy and the company anticipates making further targeted acquisitions and placing equipment orders…
Oil Field
Argentine Energy Firm CGC Buys Local Unit of China's Sinopec
The Chinese-owned unit operates over 20 oilfields in the San Jorge and Cuyo Basins in Argentina with assets covering some 4,600 square kilometers.
Energy Investment
India’s NTPC to Expand Generation Capacity with $13.4bn Investment
NTPC, one of the largest power generation companies in India has announced plans to expand its renewable energy capacity to meet growing energy demand and susta…
United Kingdom
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to…
Vietnam
Mainstream to Buy Stake in 405MW Vietnamese Solar
Irish renewables company to acquire 80% of Technology and Development Joint Stock Company's portfolio
Solar Power Plant
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project
The plant will feed 100 MW into the grid of the state-owned utility Eskom.
Oil Pipeline
S.Africa, Mozambique State Energy Firms to Increase Shareholding in Gas Pipeline
State-owned energy companies from South Africa and Mozambique have exercised their rights to buy the 30% stake in the ROMPCO natural gas pipeline that Sasol is …
Offshore Wind Power
Vattenfall to Sell 49.5% of the Offshore Wind Farm Hollandse Kust Zuid to BASF
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid in the Netherlands.
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