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Invest
Energy Saving Hot Water Tank Attracts £3.6m Investment
Oxford University spin-out whose innovative hot water tanks promise to save up to 20 per cent on hot water bills has secured £3.6m in Series A financing.
EU Wants to Spend 1 Trillion Euros for “Sustainable Investments” Across The Coming Decade
Financing for this will come from the EU budget, co-financing from EU member states, and contributions from the European Investment Bank and InvestEU, a major f…
Crude
Saudi Aramco Mulls Offshore Oil Expansions
The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstre…
Why Solar Energy’s Prospects Look Bright for 2020
The global energy transition is the transformation of the world’s energy supply, away from polluting sources such as coal, oil and gas, and towards renewables.…
AfDB Approves €8 Million Grant to Support Ruzizi IV Hydropower Project
The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) …
Renewables Growth Must Increase Fourfold by 2030 to Meet Climate Targets
The share of renewables in the global energy system needs to more than double by the end of the 2020s — with $10trn of fossil-fuel investment redirected — i…
Market Analysis
Quest for Blue Skies Poised to Propel up China’s Gas Imports
China’s Blue Sky Policy envisages boosting the share of natural gas in the energy mix from currently 7.5 percent to 15 percent by 2030 which requires substanti…
Market Analysis
Finland to Lead The Way in Nordic Wind Power Growth
Finland would be particularly attractive for investors in the Nordic wind power sector this year, though the whole region would continue to attract interest, Ju…
Power Construction
China Tibet Makes Serious Infrastructure investments in Power Grid
The central government has invested more than 68.6 billion yuan ($9.9 billion) in infrastructure construction in Southwest China's Tibet autonomous region in 20…
EV Market
Tesla Becomes The Most Valuable U.S. Automaker Ever with An $84bn Valuation
Electric vehicle manufacturer Tesla delivered more cars than investors expected in the last quarter of 2019, raising its market capitalisation to more than $84 …
Oil&Gas Drilling
Woodside Gets Green Light for $6 Billion Senegal Oil Project
Australian oil and gas producer Woodside has won approval from the Senegalese government to develop the nation's first oil project, clearing the way for final i…
China's Waste Import Ban Spurs UK Investment in Recycling
The head of a major British waste company says that the United Kingdom is beginning to feel the positive effects of China's waste import ban, as investment in d…
Electricity Transmission
Maine Invests $1 Billion in Transmission Lines to Bring Canadian Hydropower to the New England grid
The state agency that handles zoning in Maine’s unregulated territories gave its approval Wednesday to a proposed $1 billion transmission line aimed at bringin…
Pumped Hydro Becomes Support Project in South Australia
The news agency reports that three South Australian pumped hydro proposals were included on the shortlist of 12 projects hoping to get financial support under t…
Rising Renewables Investment To Power Solar Panel Cleaning Market Trends
Growing inclination towards renewable energy as well as favorable government policies has accelerated the deployment of solar energy farms. As these farms are m…
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