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Invest
Crude Oil
Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway
Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit…
Energy Storage Battery
Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power gene…
Solar Power Plant
Dubai’s Concentrated Solar Power Project Starts Supplying Electricity to the Grid
It is the largest concentrated solar power project in the world in terms of installed capacity, investment size, and molten salt reserve heat.
Electric Car
UK Approves $26.6 Billion Power Grid Investment to Expand Renewable Capacity
Six electricity distribution network companies, covering fourteen local networks in the UK, will have $26.6 billion (£22.2 billion) to invest by 2028 to make t…
Carbon Emissions
Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wedn…
Carbon Emissions
Heat Pumps Can Reduce Carbon Dioxide Emissions by 500 Million Tonnes by 2030, IEA Says
Additional annual investment of $160 billion until 2030 will be needed to meet global climate pledges.
Nuclear Power Plant
UK Government Steps up as 50% Owner of 3.2-GW Sizewell C EPR Nuclear Project
The UK government will bolster a proposal to build Sizewell C with a £679 million ($815 million) investment, giving the twin EPR nuclear power plant project—a…
Hydrogen Production
ACWA Power, Thai Energy Firms Partner for Hydrogen Projects Development
The facilities to be developed have an investment value of around $7b.
Energy Investment
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Wind Farm
Spain's Acciona to Build $1.3 Bln Wind Farm in Australia in Expansion Drive
Spain's Acciona SA announced plans on Monday to build a wind farm worth A$2 billion ($1.34 billion) in Australia, nearly doubling its investment and generation …
Offshore Wind Power
Enbridge Announces Completion of France’s First Offshore Wind Farm
France’s first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canad…
Israel’s Econergy Secures €250M Investment for Renewable Projects
The investment will be provided by RGREEN INVEST.
Electric Car
Mazda Unveils $11 Bln EV Spending Plan, Considers Investing in Battery Production
Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery produ…
Energy Investment
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
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