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Pumped Storage

Andritz Secures Contract to Equip Ebensee Pumped Storage Plant, Austria

International technology group Andritz has been commissioned by Upper Austrian utility Energie AG to provide electromechanical equipment for the Ebensee pumped …

Oil & Gas Trade

Brazil's Petrobras Plans to 'Revitalize' Company With $102 Bln Investment

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…

Hydrogen Production

Mexico President Says Danish Fund to Invest $10 Bln in Mexico to Produce Green Hydrogen

Mexico's President Andres Manuel Lopez Obrador speaks during his regular press conference where he said that his government will help Cuba, including provid…

Solar Technology

Autumn Statement Will Stimulate Solar Investment, Says Solar Energy UK

Taken as a package, today’s announcements add up to a real shot in the arm for solar power and renewable energy in general, said Chris Hewett, chief execu…

Oil & Gas Trade

Brazil's Petrobras to Invest $102 Billion in Next Five Years

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil M…

Solar Power Plant

DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar

Dutch investment fund Capital Partners will purchase a 60% share of the Dutch developer of solar, Novar, the companies announced earlier this week.The transacti…

Energy Investment

World Business Outlook Awards 2023: Benchmark for Ultimate Business Excellence

World Business Outlook is elated to announce the recipients of the top honours for its 2023 Annual Awards. It is one of the much-anticipated global events that …

Energy Investment

Global Financial Institutions Jump at Chance to Boost China Presence

Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…

Power Construction

Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040

Image: Credit: iStockResearch estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failin…

Offshore Wind Power

BP, Corio Plan to Invest Over $1 Billion in South Korea Wind Farms -Ministry

South Korea's Ministry of Trade, Industry and Energy said on Wednesday British-based offshore wind firm Corio Generation and BP PLC (BP.L) have submitted in…

Carbon Storage

Western Australia to Invest $2.8mm to Develop CCUS Hubs

The government of Western Australia (WA) is investing $2.81 million (AUD 4.3 million) in a carbon capture, utilization, and storage (CCUS) action plan as a new …

Hydropower Plant

Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland

The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …

Microgrid

Feds Seeking More Clarity Around Eligibility of Microgrid Controllers for Tax Credits

The U.S. Department of the Treasury and Internal Revenue Service (IRS) are clarifying and seeking input for what qualifies a microgrid project for access to mor…

Energy Storage Project

CATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European Market

The MoU outlines joint development of a state-of-the-art technology roadmap and future battery value chain opportunitiesCATL and Stellantis are considering the …

Green Hydrogen

Australia's Fortescue Approves $750 Mln Investment for Three Green Projects

An autonomous vehicle drives along a road as it collects iron ore at Australia's Fortescue Metals Group (FMG) mine in the Pilbara region, located south-east…