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Clean Energy Transition

IEA: Coronavirus May Hamper Clean Energy Transition & Climate Action

The coronavirus pandemic might lead to a decline in carbon emissions in the short-term, but may pose a threat to long-term climate action as it will also underm…

Market Analysis

World Fritters Away Half Trillion Dollars on Coal Support

Nations around the world risk wasting $640 billion by continuing to prop up the coal industry rather than investing in less expensive and environmentally friend…

Offshore Wind Power

China, France Energy Giants tTeam up for Offshore Wind Power Project

The China Energy Investment Corporation (China Energy) said it has inked a deal with the French energy giant EDF Group to jointly develop an offshore wind power…

Off-Grid

Off-Grid Energy Key to Power Growth in Emerging Markets

Approximately $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019.

Power Construction

TenneT Inks €250m Dutch Grid Deal with EIB

TenneT has signed a €250m loan agreement with the European Investment Bank to fund a key onshore grid project that will enable the transmission of increasing a…

Market Analysis

Is Green Hydrogen The Route to Decarbonization?

Years from now, historians may very well view our modern day era as the period in which energy leaders and private investors truly began to see green hydrogen f…

240 EV Companies Raised ~$17 Billion In 2019

It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and C…

Gas power plant

Uzbekistan Seeks Investors for 1,500 MW Gas Power Plant

Uzbekistan on Wednesday invited foreign companies to take part in a project to build a 1,500 megawatt (MW) gas power plant in what it wants to become the bigges…

Power Construction

AIIB Approves $200m Loan to Improve Electricity Access in Bangladesh

The Asian Infrastructure Investment Bank (AIIB) has agreed to finance the Dhaka and Western Zone transmission grid expansion project in Bangladesh.

New Production Facility For Battery In Ningde China

Chinese battery cell manufacturer CATL is planning a new production facility in China. Up to 10 billion yuan will be invested in a new plant in Ningde, which is…

Solar Company

AES Gener Announces Investment in 1.6 GW of Renewables in Chile

Santiago-based power company AES Gener SA said it will invest USD 1.8 billion (EUR 1.6bn) to add around 1.6 GW of new wind and solar capacity to portfolios in C…

Power Construction

China State Grid Over 100 Billion Power Grid Infrastructure Project Started

The latest statistics from the State Grid show that more than 1,600 grid infrastructure projects have been started and resumed, and the investment scale has exc…

Tasmanian Government to Invest $50m in Hydrogen Power Plan

The Tasmanian Government has announced it will invest $50 million to encourage the development of a hydrogen energy industry in the state.

Albania Seeks Investment to Support Existing Hydropower

Albania, a country of about 2.9 million people, is a net importer of electricity, and power supply security is a major challenge for the country, which is situa…

Market Analysis

Acciona Will Invest 4,000 Million in Wind Energy and Solar in Five Years

At the end of 2019, Acciona had a portfolio of green power generation facilities of 10,117 megawatts (MW) installed, 56% in Spain and 44% in international marke…