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Invest
Power Construction
China Eyes Hydropower for Steel Mills in K-P
A Chinese investment company has approached the Khyber-Pakhtunkhwa (K-P) government to purchase 120 MW of affordable hydropower from the Chakdara Swat Corridor,…
Oil Price
Oil Ticks Higher as Investors Weigh New US Tariffs
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.Oil prices ticked higher on Monday even as investors weighed U.…
Photovoltaic (PV)
Solar Energy UK: Capping Solar and Bess Risks £26 Billion Investment
The trade group warns that billions in investment could be lost to capacity limits post-2030.Solar industry trade group Solar Energy UK has penned an open lette…
Solar Power Plant
Taaleri Solarwind 3 Fund Invests in Finnish PV Site
The Taaleri SolarWind 3 Fund has invested in 129MW Finnish solar park Hallanvahti.The project, located in Joroinen, approximately 300km northeast of Helsinki, h…
Hydropower Plant
Neoenergia Sells Baixo Iguaçu Stake to EDF and STOA
Iberdrola’s Brazilian subsidiary, Neoenergia, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to French electricity company ED…
Offshore Wind Power
Green Light for Contruction to Start on Baltica 2 Offshore Wind Farm
Final investment decision has been reached on the Baltica 2 offshore wind farm, which will allow the construction phase of the project to begin.Baltica 2, a pro…
Hydrogen Project
Spanish Avalon to Invest €8 Billion in Hydrogen and Derivatives Projects
Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locat…
Battery
CIP Starts Construction on 960MWH Oz Battery Site
Copenhagen Infrastructure Partners (CIP) is starting construction of its first large-scale battery energy storage site in Australia, the 240MW / 960MWh Summerfi…
Photovoltaic (PV)
Adjar Energy Invests $460M in Georgian Renewables Projects
The investment boosts Georgia’s competitive stance in the renewable energy market.Adjar Energy, a subsidiary of Turkish company Eksim Holding, has committ…
Wind Turbine
Low Carbon Scales Back Scottish Wind Farm Project to 66 MW
Morknasskogen wind farm in Finland.UK-based renewables investor and developer Low Carbon said today it has trimmed the turbine number for its High Brenfield win…
Power Construction
California Utility Investigating ‘Every Possibility’ for Cause of Eaton Fire, Including Its Own Equipment
A map showing the preliminary origin area of the Eaton Fire.Today Southern California Edison (SCE), a subsidiary of Edison International, sent a pair of letters…
SAF
UK to Offer Additional SAF Project Funding, Responds to Public Consultation on SAF Subsidies
The U.K. Department for Transport on Jan. 29 announced it will investment £63 million ($78.35 million) over the next year under its Advanced Fuels Fund to…
Wind Farm
ØRsted Cuts 2030 Investment Programme 25% Due to Rising Costs
Ørsted plans a DKr210bn ($29.1bn) to Dkr230bn investment programme from 2024 to 2030.Danish energy company Ørsted has announced a 25% reduction in…
Geothermal Heating Project
Yeager Energy Secures Investment and Acquires Interests in Two Geothermal Companies
Purmerend, Netherlands, one of the project sites of Yeager EnergyDutch geothermal company Yeager Energy (Yeager) has announced that it has secured a commitment …
Offshore Wind Power
‘Japan to Raise Domestic Procurement Goal'
Japan is reportedly seeking to raise its domestic procurement goal for offshore wind farms to roughly 70% in 2040 from the current 60% in a bid to build up the …
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