Invest

Saudi-led Group Lined up for Dubai PV Giant

ACWA Power and Gulf Investment Corp to build phase four of Mohammed bin Rashid Al Maktoum solar farm

Power Construction

NGCP Investing P463 Billion for Power Grid

MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) is investing P463 billion in the next decade to transform the country’s power grid as …

Croatia Inaugurates 43.7 mln Euro Geothermal Power Plant

The first geothermal power plant in Croatia, the 16.5 MW Velika 1, has been officially opened on Tuesday following investment of 325 million kuna ($48.4 million…

'GREEN Act of 2019' Extends Tax Credits for Renewables

The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year ex…

Who Can Pay for the Boom of New Solar And Wind Investment in the Nest 15 Years?

New solar and wind investment could hit $190 billion a year by 2035, Wood Mackenzie says. Where will that money come from?

Distributed energy

European Investment Bank to Stop Financing Fossil Fuel Projects

The European Investment Bank (EIB) will end financing for fossil fuel energy projects from the end of 2021 in a move to aligning all its financing activities wi…

Combined cycle power plant

Japan's Mitsui to Invest in 2.5 GW Gas-Fired Power Plant in Thailand

Japanese trading house Mitsui & Co said on Monday it has decided to invest in a $1.6 billion project to build a 2.5 gigawatt(GW) gas-fired combined cycle power …

Power Construction

As Extreme Storms Wreck Power Grids, Japan Seeks Home Battery Networks

After recent typhoons ravaged Japan’s grid and disrupted power to almost 1.4 million customers, the government is encouraging homeowners to invest in storage s…

Gas turbine engine

Ansaldo Energia Wins New Orders In Worth Half A Billion Euros

Ansaldo Energia will supply the main components of four AE94.3A gas turbines for China Datang Group and will supply two AE64.3A gas turbines for State Power Inv…

European Investment Bank to End Fossil Fuel Financing by 2021

The European Investment Bank (EIB) has agreed to cease funding fossil fuel energy projects by the end of 2021 as part of its “increased ambition in climate act…

Conference on EU Energy Strategy Calls for Investments in Clean, Sustainable Energy

A conference of the European Strategic Energy Technology (SET) Plan underlined here on Friday the need for the European Union (EU) to provide the energy industr…

Solar Company

Kyotherm Wins 2019 SHC Solar Award

Kyotherm, a French-based third-party investor, has won the IEA Solar Heating and Cooling programme’s Solar Award.

Solar Power Panel

Ørsted Starts Construction of Landmark Solar Project

Ørsted has announced that following the final investment decision from its Board of Directors, it has commenced construction on the company’s first utility-sc…

Investment to Make Africa A World Leader in Renewable Energy

Johannesburg, South Africa, where close to half of its 1.2 billion people have access to electricity, is set to become a world leader in renewable energy.

Shale Gas

Argentina's Shale Trove Risks Staying Buried, Oil Chiefs Say

Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider.…