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Hydropower Plant

Biden-Harris Administration Allocates $430 Million for Hydropower Upgrades

The Biden-Harris Administration announced it will invest $430 million in 293 hydroelectric improvement projects across 33 states. The funding, part of the Inves…

Energy Storage Project

Australian Government Supports Six New Battery Storage Projects

The batteries will have the capacity to run for up to four hours. Credit: The Desert Photo / Shutterstock.The Australian Capacity Investment Scheme (CIS) is set…

Electricity Transmission

Hitachi Energy Invests $200M to Boost Transformer Production in Brazil

The investment marks the company’s largest in Brazil in recent decades. Credit: Hitachi Energy Ltd.Hitachi Energy has invested more than $200m to expand i…

Renewable Energy

AESL Acquires SPV for 30GW KHAVDA Renewable Energy Park

AESL has invested Rs40.91bn ($487m) to build the project. Credit: T. Schneider via Shutterstock.Indian electric power transmission company Adani Energy Solution…

Hydropower Plant

Downing to Digitalise Hydropower Plants Across Sweden

Väls hydropower plant on the Norsälven river, Värmland, SwedenInvestment manager Downing is partnering with HYDROGRID to improve the efficiency a…

Green Hydrogen

Green Hydrogen Project in Germany to Be Led by Cibc and Bnp

The giants are the lead investors on the H2 production project in the port of LubminCIBC and BNP have signed to invest in the HH2E AG startup in Germany, bringi…

Solar project

ADE Announces £50 Million Strategic Partnership With Oakes Energy

AMPYR Distributed Energy was launched by Singapore-headquartered AGP at the beginning of this year, with an initial capital commitment of up to £100 milli…

Offshore Wind Power

Vattenfall Shelves Kriegers Flak Offshore Wind Project in Sweden

Vattenfall has chosen to put the 640 MW Kriegers Flak offshore wind farm on hold until further notice because the investment conditions in Sweden are not feasib…

Hydrogen Project

Biden-Harris Administration Announces $62 Million to Support America’s Growing Hydrogen Industry

In support of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced nearly $62 million for 20…

Ammonia

EMF and Atlas Maritime Formalize $372M Ammonia Carrier Trio Order at HD KSOE

Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company At…

Oil & Gas Trade

Oil and Gas Giants Invest £600,000 in New Aberdeen Centre for Energy Transition

Image: Credit: iStockBP, Chevron, ExxonMobil, Equinor, Shell, and TotalEnergies among those funding industry-backed scheme to accelerate efforts to curb emissio…

Oil & Gas Trade

Iraq Seeks U.S. Investment in Gas as New Projects Target Energy Independence

Iraq plans to offer 10 gas exploration blocks to U.S. companies during an upcoming visit by Oil Minister Hayan Abdel-Ghani to the United States, he announced on…

Oil Price

Oil Extends Losses on Prospect of Higher OPEC+ Supply

A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonha…

France

Totalenergies Invests $100 Mln in the US to Offset Climate Emissions

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …

Nuclear Reactor

Deep Fission Unveils Underground Reactor Concept

California-based nuclear startup company Deep Fission, which is proposing to place microreactors deep underground, announced its emergence from stealth mode and…