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Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Solar Power Plant
Solar Investment is Paying Off with Emissions Reduction for Montego
Montego Pet Nutrition has reported a 300-tonne reduction in CO2 emissions after installing solar panels.
Energy Investment
Minister Pun Urges Bangladesh to Invest in Nepal’s Hydropower
The government has urged the Bangladesh government and the private sector to invest in Nepal’s hydropower sector.
Energy Storage Technology
Ocean Wave Energy Company Receives DOE Boost for Energy Storage Technology
Oscilla Power receives $1.1 million Phase II SBIR award to help investigate how farms of ocean wave energy devices can utilize energy storage to reduce costs.
Hydrogen Fuel Cell
Eversholt Rail and Alstom to Fast-Track Hydrogen Train Programme
Alstom and rolling stock operating company Eversholt Rail have agreed to fast-track a hydrogen train development programme in the UK with an additional £1m inv…
Gas power plant
European Investment Bank Supports Gas-fired Power Plant in Greece
The European Investment Bank has agreed to provide a loan to Mytilineos for the construction of an 826MW combined-cycle gas turbine power plant in Greece.
LNG
Chan May LNG to Build Power Project in Vietnam with $6bn Investment
US-Vietnamese joint venture Chan May LNG has reportedly planned to invest nearly $6bn in a power project in Vietnam.
Hydrogen Fuel Cell Vehicle
UK Hydrogen Train Industry Receives Major Investment
A bold plan to fast-track the hydrogen train industry in the UK has been unveiled today with a further £1m investment from British rolling stock company Eversh…
Energy Investment
bp Expands Footprint in India's Renewables Sector with GGEF Investment
Global energy company bp has announced it will invest $70 million to support the growth of renewable energy in India.
Oil & Gas Trade
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Energy Investment
ARENA Shortlists Seven Companies for $70 million Hydrogen Funding Round
The Australian Renewable Energy Agency has announced seven companies have been shortlisted and invited to submit a full application.
Coal Trade
Trump Administration Invests in ‘New Future’ for Coal
The U.S. Department of Energy announced on Friday it will provide $118 million in funding to support research and development of technologies to make coal power…
Offshore Wind Power
Global Investment in Offshore Wind Power Rises Fourfold in First Half of 2020
The allocation of funds for renewable energy from January to June outperformed data from most economic reports in the world, which can largely be attributed to …
United States
New York to Invest $750 Million to Expand Electric Vehicle Infrastructure
An investment program that would allocate $750 million to build charging stations and other electric-vehicle infrastructure as part of the state's long-term goa…
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