Invest

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

Electric Vehicle Battery

VW Steps up EV Battery Development and Production

Volkswagen has established partnerships to investigate new battery materials and to establish a large scale battery supply chain.

Hydrogen Production

High Gas Prices Spur Green Hydrogen Investment -Report

Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…

Tidal Energy

U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems

DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”

Natural Gas

How Hydrogen Blends Will Impact HRSG Operation, Maintenance, and Performance

Countries have issued targets to reduce or even eliminate the use of traditional fossil fuels. Gas turbine original equipment manufacturers (OEMs) are respondin…

Energy Transition

BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas

BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…

Solar Power Plant

Iberdrola Commits to up to €3BN in Investment in Australia

The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.

Solar Power Panel

Renewables Investment Outstrips Oil and Gas for First Time

Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.

Net Zero Emission

Australia, Singapore Sign ‘Green Economy’ Pact

​Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology.

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…