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Invest
Japan
Japan's Chubu Elec to Invest in Canadian Geothermal Venture
Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal venture, Eavor Technologies Inc, as it mov…
Spain
Spain to Pull out of Treaty Protecting Energy Investments
Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.
Oil Pipeline
Shell Investigates in Nigeria After Report of Nine-Year Oil Theft
Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wedn…
Net Zero Emission
Canada's Watchdog Launches Investigation Into RBC Over Climate Complaints
Canada's Competition Bureau has launched an investigation into Royal Bank of Canada (RY.TO) over allegations that the country's largest lender had misled custom…
Natural Gas
Germany Launches Investigation into Nord Stream Blasts
German federal prosecutors said they had opened an investigation against “unknown persons”.
Carbon Emissions
Canada, Rio Tinto to Invest in R&D, Cutting Emissions at Quebec Plant
Canada and Rio Tinto Ltd will invest up to C$737 million ($533.6 million) over eight years to cut carbon emissions and expand research and development at a Queb…
Wind Farm
ENERCON and Enerjisa ÜRetim Partner on 1GW Wind Farm in Turkey
German wind turbine manufacturer ENERCON and Turkish renewables investor Enerjisa Üretim are teaming up to implement the YEKA RES 2 onshore wind energy project…
Austria
Austria Seeks Allies for Legal Challenge to EU Green Investment Rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …
Natural Gas
The World’s Longest Offshore Gas Pipeline Could Get the Green Light Next Year
Nigeria, Morocco, and their partners expect to make a final investment decision next year on what would be the world’s longest offshore gas pipeline from Niger…
Net Zero Emission
Investors of Australia's Top Banks Call for Climate Risk Resolutions at AGMs
Shareholders in Australia's three top banks on Monday called for resolutions at the upcoming annual general meetings asking the lenders how they would avoid fin…
Australia
Renewables Investment in Australia Reaches $1.56B in June 2022
This is up from $97.2m in March 2016.
Energy Storage Battery
The World Desperately Needs to Invest More in Battery Storage
Over the past year, energy companies have been steadily planning for the development of battery storage facilities, to support their renewable energy operations…
Energy Storage Battery
Equinor Reaches Final Investment Decision for UK Battery Storage Project
Blandford Road is a 25MW project in Dorset and is the first commercial battery storage asset for the Norwegian energy company
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Energy Storage Project
Equinor Confirms Construction of First Commercial Battery Storage Asset
Equinor has approved the final investment decision on the Blandford Road battery storage project in the south of the UK.
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