Invest

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 …

United Kingdom

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax

The government recently extended the money raising measure

Energy Storage System

Investor-Developer Equis Plans 2.4GWH Biggest BESS in Australia

Infrastructure developer and investor Equis is the latest company to propose building Australia’s largest-ever battery energy storage system (BESS).

Natural Gas

Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources

The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in th…

Electric Car

GM Offers a Bullish Outlook for Its EV Business, Forecasting Profits in ’25

General Motors told investors that its lineup of electric vehicles will be “solidly profitable” in 2025 in North America and that its EV capacity in the regio…

Israel

Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects

Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…

EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects

SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…

EIB Approves €4bn in Clean Energy Investment

The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enh…

Electric Car

GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December

BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…

Net Zero Emission

Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals

Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…

EU

EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’

The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…

Electricity Transmission

Latvian TSO to Invest Over €500M in Digital Grid Solutions

Latvian transmission system operator AS “Augstsprieguma tīkls” (AST) plans to invest €500.5 million ($516.8 million) up to 2033 to strengthen the electricit…

Namibia

Namibia’s First Green Hydrogen Power Plant Finds Finance

Hydrogène de France (HDF) Energy has partnered with European Investment Bank partner to implement Namibia’s first green hydrogen power plant.