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Energy Investment

UK Outfits Secure £1.3m in Offshore Wind Funding

Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine

Energy Investment

New Brunswick Announces Funds for SMR Development

New Brunswick Premier Blaine Higgs has announced a further CAD20 million of funding towards the next phase of small modular reactor development in the province.

Energy Investment

OX2 Acquires 400MW Wind Power Project in Finland from YIT

Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.

Geothermal Power Plant

KENYA: CDC Invests in Quantum and Relaunches the Menengai II Geothermal Project

Financed by CDC Group, the British company Globeleq becomes majority shareholder in Quantum Power East Africa GT Menengai.

Nuclear Power Plant

Brookfield 'at a Crossroads' on Whether to Sell Westinghouse

Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …

Energy Investment

CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2

The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…

Electric Car

Ford Increases Electric Vehicle Spending to $22bn

Ford Motors increased its planned investment into vehicle electrification to at least $22bn by 2025, nearly doubling its previous commitment of $11.5bn.

Thermal Coal

Exxaro no Longer Investing in Thermal Coal as it Strives for 2050 Carbon Neutral Goal

Diversified miner Exxaro Resources will no longer invest in thermal coal assets, as this forms part of the company’s transition to becoming carbon neutral by 2…

Australia

Wood Mackenzie Assesses Australia’s Renewable Energy Policy

Australia needs an ambitious long-term Renewable Energy Target policy to unlock future investments.

Thermal Coal

S Africa's Exxaro to Halt Further Coal Investments

South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.

Energy Investment

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland

Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.

Wind Power Project

Vietnamese Quang Tri Province Approves Wind Power Projects

The Chairman of the People’s Committee of the Central Vietnamese province of Quang Tri, Vo Van Hung, signed the approval today to invest in three wind power pr…

Wind Farm

EWE Acquires Five German Wind Farms

Sites purchased from InvestInvent have a total capacity of 28MW.

Solar Power Panel

Macquarie Sets up Unit to Build 8 GW Solar Project Pipeline in Europe

Green Investment Group, owned by Macquarie, has launched Cero Generation, which will operate on a European scale and carry out both ground-mounted and commercia…

Offshore Wind Power

Saipem Awarded French Offshore Wind Contract

The contract is subject to a Notice To Proceed, which is contingent upon EODC making a positive final investment decision.