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Oil & Gas Trade

Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector

Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry.

Wind Farm

US Utility Acquires First Wind Farm

400MW facility in Missouri is first of two planned investments

Pumped Storage

Early Works Programme Starts at Kidston Pumped Storage

Following the news yesterday on the final investment decision for the 250MW Kidston Pumped Storage Hydro Project in Australia, developer Genex Power has announc…

Thermal Plant

SPIC Holds Open Day Event at Hunutlu Power Plant Project in Turkey

An open day event at the Hunutlu Power Plant project in Turkey was held by State Power Investment Corporation Limited through livestreaming on Dec. 23.

Energy Storage Project

LevelTen Energy Launches PPA-Style Contract for Energy Storage Projects

Renewable energy procurement advisor LevelTen has unveiled a new financial contract service that enables corporations to invest in large-scale energy storage pr…

Energy Storage Project

Hannon Armstrong Invests in 1.6-GW Wind-Solar-Storage Portfolio

Hannon Armstrong Sustainable Infrastructure Capital Inc has committed to invest about USD 663 million in a large renewable energy portfolio developed by Clearwa…

Electric Car

SK Innovation to Make Massive Investment in Battery Business in U.S.

SK Innovation will invest about 1.1 trillion won to build a second battery plant in Georgia despite the spread of the new coronavirus.

Carbon Emissions

Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed

Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…

Solar Power Plant

SOUTH AFRICA: Acwa Power Refurbishes its Bokpoort Thermodynamic Solar Power Station

The transaction was carried out with several financial partners led by the Anglo-South African bank Investec.

Coal Mine

POSCO to Acquire 15% Stake in Australian Mining Company

POSCO will invest in Mahenge Graphite Mine in Tanzania, Africa, to strengthen its anode material business.

Energy Investment

Toyota Invests in CaetanoBus and Finlog

Toyota Caetano Portugal has invested in CaetanoBus and Finlog in a bid to accelerate the spread of hydrogen mobility.

Net Zero Emission

Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US

The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs…

Energy Investment

Amid Chinese Glare, India and Vietnam Look to Ramp up Energy, Defence Ties

The Indian and Vietnamese PMs had recently co-chaired the 17th ASEAN-India Summit in which the two sides had articulated their shared interests in maintaining r…

Electric Car

China Search Giant Baidu Considers Making Own Electric Vehicles

The initiative would be a step up from internet peers such as Tencent Holdings Ltd, Amazon.com Inc and Alphabet Inc, which have also developed auto-related tech…

Solar Cell

6 GW Wind-Solar-Storage Project in Inner Mongolia and a 5 GW cell factory in Fujian

A huge renewable energy complex is planned to include 5 GW of PV capacity. Furthermore, the State Power Investment Corporation has announced a plan to set up a …