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Invest
Turkey
JED Calls for Geothermal in Türkiye to Be Classified Within Scope of Strategic Investments
The Geothermal Energy Association (JED) of Türkiye has called for strategic investment incentives to be provided for geothermal energy investments.The Turk…
Hydrogen Production
Arcelormittal to Build Hydrogen Plant in Poland to Decarbonise Galvanising Operations
ArcelorMittal Poland will build a hydrogen production plant for its Kraków branch, which stopped using coal for coke production in July.Partly developed …
Offshore Wind Power
Entrion Wind Patents a Guyed Monopile to Bring Fixed-Bottom Offshore Wind to Depths of 100 Meters
The maximum depth for installing fixed-bottom offshore wind using monopiles is currently around 60-70 meters. This is a limitation that has several aspects:Econ…
Solar project
Future Multi-Billion Dollar Transmission Upgrades to Boost Queenslands Grid-Scale Solar
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected inve…
United States
Argonne Leads $50M Sodium-Ion Innovation Push
The US Department of Energy (DOE) has awarded $50 million over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium. Le…
Energy Investment
$111 Billion Investment on Petrobras’ Five-Year Agenda
Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…
Oil & Gas Trade
Big Oil Accelerating Investment in Biofuels: Rystad
BP PLC, Chevron Corp., Eni SpA, Exxon Mobil Corp., Shell PLC and TotalEnergies SE have announced a total of 43 biofuel production projects with a combined 286,0…
Turkey
Türkiye Implements 25% Foreign Capital Increase for Geothermal Pre-license Holders
The Energy Market Regulatory Authority of Türkiye has implemented a 25% capital increase from foreign investment for pre-license holders of geothermal ener…
Investment Guide
Masdar and Silk Road Fund Sign MoU
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of…
Offshore Wind Power
Iberdrola Invests in Start-up RTS to Develop Innovative Materials for Offshore Wind and Energy Renovations
Iberdrola, through its start-up programme Perseo, has invested in the start-up Revestimientos Técnicos Sostenibles (RTS) to promote its innovative soluti…
Offshore Wind Power
Vestas Opens Blade Production Line for Flagship 15 MW Wind Turbine in Italy
Denmark’s Vestas has inaugurated a new blade production line for the company’s V236-15.0 MW offshore wind turbine at its factory in Taranto, Italy.We are prou…
Nuclear Reactor
China's First Commercial Nuclear District Heating Scheme Expands
According to State Power Investment Corporation (SPIC) - parent company of Shandong Nuclear Power Company - the district heating network is expected to supply 4…
Nuclear Power Plant (NPP)
Centrus Fo Restart Centrifuge Manufacturing, Expand Capacity
Such a large-scale expansion would require a multi-billion dollar public and private investment, the company said. It has recently secured more than USD2 billio…
Indonesia
BP and Partners to Invest $7 Billion in Carbon Capture Project in Indonesia’s Papua
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File PhotoBP (BP.L), opens new tab and partne…
Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
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