Invest

Geothermal Power Plant

New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment

New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…

Natural Gas

Israeli Natural Gas Lines Signs Investment Contract With Prisma Photonics

Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastr…

Hydrogen Production

ScottishPower Weighs 100MW Green Hydrogen Hub at Port of Felixstowe

Iberdrola subsidiary ScottishPower and port operators Hutchison Ports are investigating the opportunity to build a 100MW green hydrogen production facility at t…

Electric Vehicle Charging

British EV Charging App Raises £9M to Boost International Expansion Plan

Good Energy has led the fundraising with £3.7 million investment.

Smart Meter

Serbia Smart Metering Project Supported

Phase one of Serbia’s smart metering implementation has been awarded €7.8 million ($8 million) from the EU through the Western Balkans Investment Framework. …

Offshore Wind Power

Vietnam Needs $8 Bln-$14 Bln Power Investment a Year Through 2030 - Minister

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry m…

Shell Completes Acquisition of Renewable Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited, and with …

bp Criticised for Big Spend on “Green” Social Media Ads

The energy giant has allegedly spent more than £800,000 on social media ads showing the company’s investments in low carbon technologies.

Net Zero Emission

American Airlines Looks to H2 With Zeroavia Deal

Hydrogen-electric flight firm ZeroAvia has announced an investment deal with American Airlines that could see up to 100 ZeroAvia H2 engines ordered by American.

Oil&Gas Drilling

Shell: UK North Sea Needs Investments in New Oil and Gas Projects

The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…

United States

U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause

The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …

Crude Oil

Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister

Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned …

Natural Gas

UK Investigates Sale of National Grid’s Gas Transmission Business, Report Says

Britain has launched an investigation under new national security rules into the sale of a 60% stake in National Grid's gas transmission and metering business t…

Testing Hydrogen Blends to Decarbonise Peaker Plants

Investment firm Climate Adaptive Infrastructure (CAI) and developer Meridian Clean Energy said they will partner to demonstrate decarbonisation in peaker plants…

Energy Investment

Biden Administration to Invest Us$26 Million in Renewable Grid Demonstration Projects

US President Joe Biden has launched a US$26 million-funded project that will demonstrate the US electricity grid can reliably run entirely on renewables and ene…