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Investment
South Korea
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…
EU
EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’
The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…
Namibia
Namibia’s First Green Hydrogen Power Plant Finds Finance
Hydrogène de France (HDF) Energy has partnered with European Investment Bank partner to implement Namibia’s first green hydrogen power plant.
United Kingdom
UK Unboxes £65m Clean Tech Investment at COP27
The new funding aims to make clean technologies accessible and affordable to developing countries.
Nuclear Reactor
EU Needs $460 Billion Investment to Maintain Nuclear Power Capacity
The European Union will need up to $462 billion (450 billion euros) in investment just to keep the current level of its nuclear power generation capacity.
Energy Transition
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Transition
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
Wind Power Project
ACWA Power, OIA Ink MoU to Co-Invest in 1.5GW Wind Project in Egypt
The Oman Investment Authority is looking into owning 10% of the project.
COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’
A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…
Brazil
EDP Brazil Shrinks Hydropower Portfolio in Favour of Solar
EDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution and transmission.
Smart Grid
EIB and Endesa Sign €250mn Smart Grid Credit Line
Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Wind Turbine
Türkiye’s New Wind Power Capacity in 2023 Represents an Investment of One Billion Dollars
Türkiye could install another 1,000 megawatts (MW) in wind energy capacity next year, an addition that could attract $1 billion (TL 18.57 billion) in fresh inv…
Carlyle Backs Solar Developer Aspen Power with $350 Mln Investment
Private equity firm Carlyle Group Inc said on Thursday it has invested $350 million to acquire a majority stake in renewable energy developer Aspen Power Partne…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
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