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Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Energy Subsidies
CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt
The future photovoltaic solar power plants in Maroua and Guider will be tax-exempt for 10 years.
CCS
Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology
Elon Musk will be giving a prize of US$100 million to the best carbon capture technology, the entrepreneur tweeted, adding that he would unveil details on this …
Energy Investment
China's CEIC, China Reform set up $1.55 bln New Energy Fund
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-…
Smart Grid
Duke Energy Florida, Consumer Groups Reach Agreement for Building Smarter Energy Grid
Collaborative agreement includes investments in grid modernization and EV charging stations.
Energy Investment
Pattern Energy Secures $515m Financing Fund in Japan
US-based renewable developer Pattern Energy Group has secured a $515m financing fund to invest in Japanese renewable power projects.
Solar Cell
Another 21 GW of Module Capacity and Record PV Growth for SPIC
Longi and Risen both announced plans to build up new module and cell manufacturing capacity. Furthermore, the State Power Investment Corporation has revealed it…
Energy Transition
‘Energy Transition’ Investment Hits $501bn
A new, broad measure of “energy transition investment” shows that the world committed a record $501bn to decarbonisation in 2020.
Market Analysis
French Central Bank to Exit Coal, Cap Oil and Gas Investments
The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards …
Energy Investment
AIIB to Boost Financing for Green Projects
The Asian Infrastructure Investment Bank will increase financing for social infrastructure, green infrastructure and technology-enabled infrastructure, which ha…
Hydrogen Fuel Cell
Hyundai Motor Group Building New Fuel Cell System Plant in China; First Outside of Korea
Hyundai Motor Group signed an investment contract with the government of Guangdong Province to establish an offshore fuel cell system production facility in Gua…
Electricity Transmission
Rise Light & Power Developing 1,200-MW New York Transmission Line
New York City's largest power generator, Rise Light & Power, is developing a 1,200-MW transmission project to bring in-state wind and solar power into the city,…
Hydrogen Project
Abu Dhabi's Mubadala, Siemens ink MOU for Hydrogen, Synthetic Fuel
Mubadala Investment Co. and Siemens Energy said Jan. 17 they have signed a memorandum of understanding to create a partnership to drive investment and developme…
Solar Power Plant
Engie, Neoen Building Subsidy-Free 1GW Solar Project with Storage, Electrolyser in France
Multinational utility Engie and renewables developer Neoen are to invest €1.2 billion in a large-scale solar-plus-storage project in south eastern France, whic…
Hydrogen Project
Abu Dhabi State Firms to Collaborate on Hydrogen
Three of Abu Dhabi's biggest state-owned companies — Adnoc, Mubadala Investment and Abu Dhabi Development Holding — have signed an agreement to establish the…

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Invest

Oil Major BP Significantly Downsizes Oil Exploration Division

CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt

Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology

China's CEIC, China Reform set up $1.55 bln New Energy Fund

Duke Energy Florida, Consumer Groups Reach Agreement for Building Smarter Energy Grid

Pattern Energy Secures $515m Financing Fund in Japan

Another 21 GW of Module Capacity and Record PV Growth for SPIC

‘Energy Transition’ Investment Hits $501bn

French Central Bank to Exit Coal, Cap Oil and Gas Investments

AIIB to Boost Financing for Green Projects

Hyundai Motor Group Building New Fuel Cell System Plant in China; First Outside of Korea

Rise Light & Power Developing 1,200-MW New York Transmission Line

Abu Dhabi's Mubadala, Siemens ink MOU for Hydrogen, Synthetic Fuel

Engie, Neoen Building Subsidy-Free 1GW Solar Project with Storage, Electrolyser in France

Abu Dhabi State Firms to Collaborate on Hydrogen