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Energy Investment

Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment

The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market

Hydropower Plant

AGL Invests $27.7M to Upgrade Clover Hydro Power Station

This will add 14MW to the output capacity of the Kiewa Hydro Scheme.

Smart Meter

Italgas – Smart Gas Networks at Core of Investments

Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.

United Kingdom

Shell Greenlights Investment in Major Gas Field in the UK North Sea

Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025

Natural Gas

Return of Coal a Threat to European Companies’ ESG Ratings

European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to…

Hydrogen Project

Brazil’s Unigel to Build Green Hydrogen Plant With $120 Mln Investment

Brazilian chemical maker Unigel on Monday announced plans to build a green hydrogen plant in the northeastern state of Bahia, with an initial investment of $120…

Energy Storage Battery

Ngos Ask Musk to Not Invest in Indonesia’s Nickel Industry Over Environmental Worries

Dozens of non-governmental organizations (NGOs) have sent an open letter to Elon Musk, urging the Tesla Inc's chief to not invest in Indonesia's nickel industry…

Solar Power Panel

A Pilot Project in the North Sea Will Develop Floating Solar Panels That Glide Over Waves ‘Like a Carpet’

German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea.

Airbus Joins Investor Club of Eur-1.5BN HY24-Managed Clean Hydrogen Fund

Aircraft maker Airbus Group (EPA:AIR) said on Thursday it has invested in a clean hydrogen infrastructure fund managed by Hy24, the joint venture platform of Pa…

United Kingdom

Howden Welcomes UK Government Hydrogen Funding Increase

Howden Group has welcomed the UK Government announcing an increase in funding for hydrogen at the Hydrogen Investment Summit in July 2022.

United Kingdom

ZeroAvia Attracts $30MN in New Funding

New investment from Barclays, NEOM, AENU and IAG will further advance ZeroAvia’s 2-5MW hydrogen-electric powertrain development program.

Nuclear Fusion

Google and Chevron Invest in Nuclear Fusion Startup That’s Raised $1.2 Billion

Google and Chevron were part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy th…

Mainstream and Actis Agree to Sell African Renewables Giant Lekela

Renewable developer Mainstream Renewable Power and investor Actis have signed an agreement to sell the Lekela Power platform to Infinity Group and Africa Financ…

Wind Farm

Arise Sells Kölvallen Wind Farm

Arise has entered into an agreement with a fund managed by Foresight Group LLP (Foresight), a UK based independent infrastructure and private equity investment …

India

Why Meeting Its Green Energy Goal Is Critical for India

Set to become the world's third biggest energy consumer by 2030, the country needs $223bn of investment to meet its target of 500 gigawatts of renewables capaci…