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Energy economy
Solar Power Plant
Lighsource BP Closes 100MW Solar Sell-Off
Lightsource BP has closed the sale of 100MW of UK solar projects to NextEnergy Solar Fund, for £64m.
China
China Targets GDP Growth of more than 6pc in 2021
China has set a GDP growth target of over 6pc this year, premier Li Keqiang said today.
United Kingdom
London Unveils £12bn Infrastructure Bank
Institution based in Leeds will support projects that help meet the government's climate change goals
Energy Investment
Total Sells 50% Stake in French Renewable Energy Projects
Global energy company Total has, through its French subsidiary Total Quadran, sold a 50% stake in two renewable energy projects.
Siemens Acquires Indian Grid Technology Firm C&S Electric for $285m
Siemens has completed a previously announced acquisition of Indian grid technology manufacturer C&S Electric for $285m.
Solar Power Plant
ENGIE Acquires 100 MW Concentrated Solar Power Plant in South Africa
ENGIE is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, a…
Energy Investment
EDP Brasil Signs Agreement to Acquire AES Inova
Electric utility company EDP Brasil has signed an agreement to acquire AES Inova, a distributed generation investment platform of AES Brazil.
India Renewable Energy Giant ReNew Power Preps For Nasdaq Listing
Ending years of speculations about its listing at stock markets, one of India’s leading renewable energy companies — ReNew Power — has announced plans for li…
Carbon Neutral
South Korea and Visegrád Four to Further Economic Cooperation
The first forum took place four months ago.
Mexico
Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020
The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.
Digitalization
Ethiopia: Collaboration Launches a Digital Centre in Addis Ababa
GIZ, Orange, the Ministry of Innovation and Technology, the Ethiopian Investment Commission and the Industrial Parks Development Corporation have launched the A…
Shell Acquires Next Kraftwerke to Strengthen Position in Renewables Trading
Subject to approval by the regulatory authorities, Shell will acquire 100% of Next Kraftwerke’s shares.
Energy Storage Project
CEFC Offers US$127.6 million Debt Finance for 300MW Victoria Energy Storage Project
Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.
ITER
European Council Approves Continued Financing for ITER
The European contribution to the project for that period is set at €5.61 billion in current prices.
Hydrogen Fuel Cell
Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power
South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …
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