Energy invest

Pumped Storage

Pumped Hydro ‘Can Save £700m in System Costs’

Imperial College study finds current policy and market framework is not conducive to investment

Wind Power Tower

Vestas Invests in Swedish Firm that Builds Wooden Towers for Wind Turbines

Vestas announced Thursday that it had invested in a Swedish firm which develops and manufactures wind turbine towers.

Energy Investment

UK Outfits Secure £1.3m in Offshore Wind Funding

Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine

Energy Investment

New Brunswick Announces Funds for SMR Development

New Brunswick Premier Blaine Higgs has announced a further CAD20 million of funding towards the next phase of small modular reactor development in the province.

Energy Investment

OX2 Acquires 400MW Wind Power Project in Finland from YIT

Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.

Energy Investment

CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2

The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…

Thermal Coal

S Africa's Exxaro to Halt Further Coal Investments

South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.

Energy Investment

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland

Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.

Energy Subsidies

CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt

The future photovoltaic solar power plants in Maroua and Guider will be tax-exempt for 10 years.

CCS

Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology

Elon Musk will be giving a prize of US$100 million to the best carbon capture technology, the entrepreneur tweeted, adding that he would unveil details on this …

Energy Investment

China's CEIC, China Reform set up $1.55 bln New Energy Fund

Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-…

Energy Investment

Pattern Energy Secures $515m Financing Fund in Japan

US-based renewable developer Pattern Energy Group has secured a $515m financing fund to invest in Japanese renewable power projects.

Energy Transition

‘Energy Transition’ Investment Hits $501bn

A new, broad measure of “energy transition investment” shows that the world committed a record $501bn to decarbonisation in 2020.

Energy Investment

AIIB to Boost Financing for Green Projects

The Asian Infrastructure Investment Bank will increase financing for social infrastructure, green infrastructure and technology-enabled infrastructure, which ha…

Electricity Transmission

Rise Light & Power Developing 1,200-MW New York Transmission Line

New York City's largest power generator, Rise Light & Power, is developing a 1,200-MW transmission project to bring in-state wind and solar power into the city,…