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Renewable Energy

Clean Energy Spending Grows, but Big Investments Continue in Coal and Other Fossil Fuels

The International Energy Agency (IEA) expects investment in clean energy technologies, including renewable power, nuclear, grids, storage, low-emission fuels, e…

Solar project

PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects

The three solar projects seek to produce a combined capacity of 4.55GWac.Public Investment Fund (PIF) wholly owned company Water and Electricity Holding Company…

Offshore Wind Power

Ingka Investments Acquires 49% Stake in Three Planned Offshore Wind Projects

Image: Ingka InvestmentsIngka Investments, the investment arm of Ingka Group, acquires a 49 percent share in three offshore wind development projects in Finland…

Geothermal Heating Project

Alberta, Canada Investment Manager Acquires Majority Stake in Geothermal Subsidiary

Alberta-owned investment manager AIMCo has acquired majority stake in FutEra Power, developer of a co-produced geothermal plant in Swan Hills.

Nuclear Power Plant (NPP)

Japanese Firms Invest in Maritime Nuclear Developer Core Power

More than a dozen Japanese companies have invested a combined total of about USD80 million in the UK-based Core Power, which is helping develop a floating molte…

Oil Field

ADNOC and TAQA Secure $2.4 Billion Investment for Massive Water Project

The project entails the development of a state-of-the-art seawater treatment facility and a transportation network that will serve the Bab and Bu Hasa fields in…

Solar Power Plant

PIF Subsidiary, ACWA Power Invest Us$3.25B in Saudi Arabia Solar Projects

The three solar projects seek to produce a combined capacity of 4.55GWac.Public Investment Fund (PIF) wholly owned company Water and Electricity Holding Company…

Wind Farm

GE Vernova Announces $50 Million Investment & ~200 Wind Manufacturing Jobs in New York

New US-based manufacturing assembly line for GE Vernova’s 6.1 MW onshore wind turbine / Hiring ~200 new manufacturing assembly employees in Schenectady, N…

Carbon Capture

JPMorgan Announces $200M Carbon Removals Push

US banking giant announces plans to invest in carbon removal technologies with a view to removing and storing 800,000 tonnes of atmospheric CO2Banking giant JPM…

Hydrogen Production

U.S. Department of Energy Invests $42 Million in Clean Hydrogen Technologies and Grid Resilience

The U.S. Department of Energy (DOE) has made a significant commitment to advancing clean hydrogen technologies and grid resilience with a funding announcement o…

Wind Turbine

GE Vernova Announces $50 Million Investment & ~200 Wind Manufacturing Jobs in New York

New US-based manufacturing assembly line for GE Vernova’s 6.1 MW onshore wind turbineHiring ~200 new manufacturing assembly employees in Schenectady, New …

Hydrogen Production

EPM’s Plans: Investing in Clean Hydrogen for Colombia

Empresas Públicas de Medellín (EPM), a major public utility company in Colombia, has unveiled its ambitious plans to invest in clean hydrogen prod…

Hydrogen Project

Fueling the Future: France Boosts Territorial Hydrogen Ecosystems With €175 Million Investment

The French government has reaffirmed its commitment to hydrogen development by allocating a new funding package of €175 million to advance the sector in va…

Solar Power Plant

Masdar to develop over 2GW solar, wind projects in Uzbekistan

It will also build a 500MWh battery energy storage.Abu Dhabi-based Masdar signed a joint development agreement with Uzbekistan’s Ministry of Energy and Mi…

Net Zero

Eight EU Countries Oppose Bloc’s Car Emissions Limits

Eight EU member states including France, Italy and Poland urged Brussels to scrap its planned vehicle emissions limits, warning they risked hurting investment i…