Invest

EU

EU unveils 300 billion Euro Answer to China's Belt and Road

The European Commission unveiled on Wednesday a plan to invest 300 billion euros globally by 2027 in infrastructure, digital and climate projects as a better al…

Solar Power Plant

UK Fund Finances Two Solar Projects

Investment in 115MW sites part of £500m fundraiser to double the amount of subsidy-free PV

Russian Federation

Russian Energy Sector is Among the Most Green Worldwide

The domestic energy sector is currently among the most green worldwide, Russian President Vladimir Putin said at the plenary session of the 13th VTB Capital Inv…

Energy Community Meets to Advance Off-Grid Renewables in Pursuit of Development and Climate Goals

IRENA’s International Off-grid Renewable Energy Conference held virtually for the first time, gathers global stakeholders to mobilise investments

Oil Field

Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field

The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers

Solar Power Plant

Eurowind Energy, Solarpro to Build 250 MW Solar Power Plant in Bulgaria

Eurowind Energy, has established a joint venture called EURA Energy with Bulgarian clean energy and e-mobility investment firm Renalfa.

Wind Power Project

Wind Power Becoming too Cheap to Support Itself

Major efforts to bring down the cost of generating wind energy should be restrained, the head of a wind turbine making major has warned, citing the industry’s …

Energy Investment

UAE to Invest in Renewable Energy Projects of 3 GW in Turkey

The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 G…

Crude Oil

Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production

Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …

Geothermal Power Plant

Cornish Lithium Gets $24 million to Develop UK Assets

Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the UK, has secured up to £18 million from metals-focused …

Tidal Energy

UK Officially Backs Tidal Energy to Reach Net Zero Goals

The UK government has announced that it will invest £20 million per year in Tidal Stream electricity as part of its Contracts for Difference renewable energy a…

Energy Investment

Germany Announces €1.2 bn to Help India Fight Climate Change

The IPCC released earlier this year found that both India and Germany will suffer more extreme events due to climate change.

Hydrogen Project

Townsville, Australia, to Transition Into a Hydrogen Powerhouse with New MoU

Townsville, Australia, could become a hydrogen powerhouse with Edify signing a memorandum of understanding today to investigate the feasibility of exporting hyd…

Energy Transition

E.ON Plans to Invest $30bn in Energy Transition by 2026

E.ON’s investment will also focus on expanding its distributed energy infrastructure solutions.

United States

US Storage Player Offloads Stake

Apollo Funds will acquire 50% share in Broad Reach Power from existing investor EnCap and its partners