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Invest
Energy Storage Project
Private Equity Firm KKR Agrees Us$1 Billion Deal for UK Developer Zenobē – Reports
US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, accord…
Energy Storage Project
Harmony Energy Income Trust Sells 99MW Battery Storage Asset
Harmony Energy Income Trust sells 99MW battery storage asset. Image: Harmony Energy.Battery storage investment firm Harmony Energy Income Trust (HEIT) has confi…
Oil Price
Iraq's Oil Revenues in Europe Reach $11 Billion in 2023
Shafaq News / Iraq has seen a substantial boost in its oil revenues to Europe since the beginning of the current year 2023, with figures reaching approximately …
Geothermal Drilling
Thermal Pools to Be Evaluated for Geothermal Project in Kolo, Poland
Jubillee Pool, Penzance, Cornwall, UK (source: flckr/ Lexy5by5, creative commons)With the geothermal heating plant in Kolo, Poland soon to be commissioned, the …
Oil & Gas Trade
Kinetiko Energy Receives $6.5 Million Strategic Investment to Complete Afro Energy Acquisition
South African investment company Talent 10 Holdings has made a A$6.5 million strategic investment into Kinetiko Energy Ltd, as the latter looks to develop an en…
Renewable Energy
Italy's Eni Plans to Invest $7.7 Billion in Egypt
Italian energy giant Eni plans to invest some $7.7 billion in Egypt within the next four years, according to Egyptian Presidential spokesman Ahmad Fahmi.This ca…
Oil & Gas Supply
Marketers Get Foreign Investors' Backing for 30,000 Gas Stations
Oil marketers, on Sunday, confirmed that they have received the nod of domestic and international financiers to develop about 30,000 gas stations nationwide.It …
Geothermal Power Project
Enel Plans EUR 3 Billion Investment for Geothermal in Italy
Chiusdino geothermal plant, Tuscany/ Italy (source: Enel Green Power)Enel Green Power (Enel) has announced an investment plant of EUR 3 billion for the geotherm…
Electric Vehicle Battery
Hyundai and LG Energy Solution up US Investment for Battery JV
Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant i…
Solar project
ACWA Achieves Financial Close for 200 MW Kom Ombo Solar Project in Egypt
ACWA Power, has announced the financial close for the 200 MW Kom Ombo project, a utility-scale solar power plant in Egypt.With an overall investment cost of US$…
Electric Vehicle Battery
Hyundai to Invest $400 Million for Stake in Korea Zinc
Hyundai IONIQ 5 Electric on display at Thailand International Motor Show 2022. Stock image.Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world&…
Offshore Wind Power
Ørsted Anticipates Impairments of up to Eur 2.15 Billion on US Portfolio
The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse…
Wind Farm
RWE and Stanwell Sign MoU for Two Wind Energy Projects in Queensland, Australia
RWE and Stanwell Corporation have signed a Memorandum of Understanding (MoU) to deliver two Queensland onshore wind projects with a combined capacity of up to 1…
Geothermal Power Project
Eastland Secures $25M Long-Term Loan to Construct and Upgrade Geothermal Assets
The Te Ahi O Maui geothermal power plant in Kawerau, New Zealand (source: Eastland Generation)New Zealand-based renewable energy company Eastland Generation wil…
Nuclear Power Plant (NPP)
Bulgaria Offers Slovenia New Nuclear Power Plant Project
Bulgaria offered Slovenia to join the project for the new reactors at the Kozloduy Nuclear Power Plant as an energy buyer or as an investor, an offer that was a…
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