Energy invest

Energy Investment

KKR Invests $2bn in South Korean Energy Company SK E&S

Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.

Electrification

COP26: New Alliance to Unlock $100bn for Renewable Electrification

The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti…

Energy Investment

More Investment in Supply Side of Gas Need of the Hour: GECF

As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…

Coal-Fired Power Plants

G-20 Leaders Pledge to End Financing for Overseas Coal Plants

The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla…

Energy Investment

Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives

Agreement followed green finance roundtable at FII summit in Riyadh

Energy Investment

Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments

President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.

Nuclear Power Plant

UK Unveils New Funding Model for Nuclear Power Stations

The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.

Hydrogen Fuel Cell

TECO 2030 Awarded NOK 50m to Aid in the Development of Hydrogen Fuel Cells

The Norwegian government has awarded NOK 50m to aid TECO 2030 in developing hydrogen fuel cells that could significantly reduce carbon emissions in the region.

Oil & Gas Trade

Middle East Oil Exporters To See Fast Economic Growth In 2022

The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…

Energy Investment

BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine

BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.

Energy Investment

IAEA Calls for Ramp-up in Nuclear Investment Ahead of COP26

As we head toward [COP26], it is time to make evidence-based decisions and ramp up the investment in nuclear.

Energy Investment

CTG Keen to Invest in Wind and Solar Energy Sectors of Pakistan

China Three Gorges Group called on Pakistani ambassador to China on Friday and showed keen interest in investing in Pakistan's wind and solar energy sectors.

Energy Investment

DOE Invests Nearly US$7 million to Put Coal Wastes to Work

This investment supports the development of new and safe uses for coal-wastes, which in turn will spur the creation of good-paying jobs in frontline communities…

Energy Investment

US Smart Electric Grid Projects Receive $11m Boost

The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, co…

Energy Investment

Former US Vice President Rescues Octopus Energy from Unstable UK Market

Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.