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Invest
Pumped Storage
Statkraft to Acquire Major Loch Ness Pumped Storage Hydro Project
Statkraft, Europe’s largest renewable power generator, has agreed to acquire the Red John Pumped Storage Hydro Scheme, from Intelligent Land Investments G…
LNG
Vietnam PM Awards Licence to Tokyo Gas, Partners to Build LNG Plant
Minh Chinh granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group to construct a USD1.99 billion (MYR9…
Energy Investment
Annual Targets Within Reach as China's Economic Recovery Gains Momentum
China's economic recovery continued to gather steam in November, with multiple indicators showing strong performances, putting the world's second-larges…
Power Construction
India's Essar to Invest $6.6 Billion in Power, Port Projects in Gujarat
The logo of Essar group is seen at its headquarters in Mumbai, India August 21, 2017. REUTERS/Danish Siddiqui/File Photo Acquire Licensing RightsIndian conglome…
Electric Vehicles
Tesla Partners With Uber to Offer $3,000 Discount on Its Electric Cars to Drivers
Tesla is partnering with Uber to offer its electric cars directly to drivers with discounts of up to $3,000.Uber has been increasingly investing in electrifying…
Coal Trade
Five coal companies sue province of Alberta for $8 billion
Alberta Rockies. Shutterstock Image.Five coal companies are suing the Canadian province of Alberta for a total C$10.8 billion ($8bn), claiming the provincial go…
Renewable Energy
Nestlé Powers PKR 2 Billion Renewable Energy Investment in Pakistan
Nestlé reaffirms its commitment to Pakistan’s vision for renewable energy with investment of PKR 2 billion in renewable power and sustainability in…
Oil&Gas Drilling
Norway Oil and Gas Investments Set to Soar in 2024, Industry Says
Equinor's flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsOil and gas companies operating in Norway are …
Energy Saving
La Poste Signs Joint Venture Deal With EDF to Improve Energy Efficiency
La Poste Group said its real-estate arm and French utility EDF group will form a joint venture aimed at improving energy efficiency.The French postal service co…
Energy Investment
China Holds Central Economic Work Conference to Plan For 2024
The annual Central Economic Work Conference was held in Beijing from Monday to Tuesday as Chinese leaders decided priorities for the economic work in 2024.Xi Ji…
Wind Farm
EGP Begins Construction on a 24 MW Wind Farm in Zaragoza
The San Francisco de Borja wind farm, near the towns of Borja and Fréscano, involves an investment of 26 million euros and will generate 92.5 GWh per yea…
Hydrogen Production
Rethinking Federal Investments: We Need Virtual Power Plants, Not Hydrogen Hubs
(Solar rooftop homes in Austin, Texas. Image: 123rf)The Department of Energy is providing taxpayer money to electric utilities like Xcel Energy to set up Hydrog…
Wind Farm
Naturgy Begins the Construction of a New Wind Farm in Catalonia and Plans to Reach 250 Renewable MW in the Community
The company will invest 40 million euros in this new wind installation, located in the province of Tarragona, which will generate energy equivalent to the consu…
Wave Energy
Totalenergies Invests in Subsea Storage Project
Verlume’s Halo underwater battery will be powered by Mocean Energy’s Blue X waver energy converter. Image: Verlume.TotalEnergies has invested to joi…
Nuclear Power Plant (NPP)
Sri Lanka Greenlights Nuclear Power Amidst Global Interest
In the wake of the organisations from countries such as Russia, China, Denmark and the United States proposing to invest in nuclear energy, Sri Lanka Atomic Ene…
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