Invest

United Kingdom

Octopus Energy to Pour Billions in Offshore Wind Globally by 2030

UK green energy supplier Octopus Energy Group has announced that it will invest, through its generation arm, USD 20 billion (about GBP 15 billion) into offshore…

Pumped Storage

Fortune Hydro AG and Voith Acquire 450 MW Dorothea Lakes Pump Storage

(photo courtesy Fortune Hydro)Fortune Hydro AG, in collaboration with Voith Small Hydro, has acquired the 450 MW Dorothea Lakes Pump Storage project as part of …

Hydropower Plant

US Department of Energy Invests $3.5 Million in Hydropower and Marine Energy Projects

The US Department of Energy (DOE) has recently announced funding of over $3.5 million dedicated to 18 innovative projects in the fields of hydropower and marine…

Energy Storage Project

Tata Group to Set up a Battery Gigafactory in the UK

Tata Sons will build a 40GW battery cell gigafactory in the United Kingdom (UK). The investment, of over £4 billion, will deliver electric mobility and re…

SMR

UK Launches SMR Selection Competition

Companies can register their interest with the newly launched Great British Nuclear (GBN) for the competition to secure funding support which the UK government …

SMR

Seaborg SMR to Be Considered for Use in Norway

Norsk Kjernekraft and Denmark's Seaborg have signed a letter of intent to investigate the deployment of Seaborg's compact molten salt reactor (CMSR) in …

Solar Panel

Investment Opportunities in Morocco's Solar Market for 2023

Morocco has emerged as a global leader in renewable energy, particularly in the solar industry. The country offers lucrative investment opportunities in the sol…

Geothermal Power Project

White Paper Published on Deep Geothermal Potential in the UK

Cover page of White Paper: "The case for deep geothermal energy - unlocking investment at scale in the UK" (source: North East Local Enterprise Partnership)The …

Hydrogen Production

Hycamite Raises 25 Million Euros From Sojitz and Other Investors to Support Low-Carbon Hydrogen Production With Methane Pyrolysis

Hycamite raises 25 million euros from Sojitz and other investors to support low-carbon hydrogen production with methane pyrolysisInvestment is the latest vote o…

Wind Farm

Everwind to Invest $1 Bln in Renewable Energy to Power Nova Scotia Project

EverWind Fuels said on Monday it would invest $1 billion in renewable energy generation to power its green hydrogen and ammonia production project in Nova Scoti…

Oil Price

Iran Raises August Light Crude Price to Asia - Source

Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, a…

Hydropower Plant

UK Industry Urges PM to Invest in Pumped Storage Hydropower

Scottish Renewables and the British Hydropower Association have jointly written a letter to Prime Minister Rishi Sunak, urging the UK Government to provide imme…

Geothermal Power Project

PGE and Chevron to Jointly Explore Geothermal Sites in South Sumatra, Indonesia

Sunset over Musi River in Palembang, South Sumatra, Indonesia (source: Arief Hermanto / flickr, Creative Commons)PT Pertamina Geothermal Energy (PGE) has signed…

Hydrogen Production

Johnson Matthey to Build Ccm Plant in China for Pem Fuel Cells and Electrolyzers

Johnson Matthey (JM) signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. JM and the Shanghai …

Pumped Storage

Queensland Hydro Opens First Round of Work Packages for Borumba Pumped Storage Project as Geotechnical Investigations Commence

Queensland Hydro has opened the first round of work packages for the highly anticipated $14 billion Borumba pumped hydro mega project. The project's initial…