Energy economy

Energy Investment

'Catalytic' Billion-Euro Hydrogen Fund Led by Former Air Liquide VP Launched

Team of industry executives headed by Pierre-Etienne Franc sets up FiveT Hydrogen to spur utility-scale anchor projects

Energy Investment

Chevron Invests in Offshore Wind Energy for First Time

Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbin…

Offshore Wind Power

PSEG Completes 25% Acquisition of Ocean Wind

Ørsted and PSEG have completed PSEG’s acquisition of a 25% equity interest in the Ocean Wind offshore wind farm.

Hydropower Plant

Aitken Spence Expands Its Portfolio in Hydropower

Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Hol…

Wind Turbine Blade

Wind Turbine Blade Services Providers GEV and WPL Merge

U.K. headquartered wind turbine blade repair and maintenance provider GEV Wind Power has merged with Wind Power Lab, a Danish firm providing intelligent technol…

Hydrogen Project

World’s First Clean Hydrogen Investment Fund Launched

Independent asset manager FiveT Capital Holding have launched a private infrastructure fund, FiveT Hydrogen Fund, dedicated to delivering clean hydrogen infrast…

Energy Investment

Portugal to Leverage EIB Support to Develop Hydrogen Economy

A Memorandum of Understanding signed between the Portuguese government and the European Investment Bank is expected to help the country fast-track the deploymen…

Shell to Make First Oil Output Profit Since Pandemic

Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.

Hydropower Plant

Akuo Expands Hydropower Portfolio in Bulgaria

Renewable energy producer Akuo from France has completed the acquisition of PVB Power Bulgaria, a company with five hydropower plants.

Energy Investment

Iberdrola Forges Spanish Investment Pact with Insurer

Partnership with MAPFRE targeting 1GW of wind and solar investments

United States

Rice Acquisition Corp. to Combine Aria Energy and Archaea Energy into the Industry-Leading Renewable Natural Gas Platform

The combined Company will be named Archaea Energy (the “combined Company”), with an experienced executive team comprised of leaders from Archaea LLC and Aria.…

Energy Investment

US Investors form Renewables Player

NuQuest Energy has built a proprietary site-selection system for development push

Digitalization

Dubai's Enoc Plans to Spend Dh250m on Digital Transformation

The company has already begun training staff on the role digitalisation will play in its growth over the next 15-20 years

Energy Investment

Greece’s Recovery Plan to Invest €10bn in Clean Energy

The Greek government has published its plan for a post-Covid economic recovery. The strategy aims to mobilize at least €10 billion towards the green energy sec…

South Korea

Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy

Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…