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Investment
Spain
Spain to Pull out of Treaty Protecting Energy Investments
Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.
Austria
Austria Seeks Allies for Legal Challenge to EU Green Investment Rules
Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …
Natural Gas
The World’s Longest Offshore Gas Pipeline Could Get the Green Light Next Year
Nigeria, Morocco, and their partners expect to make a final investment decision next year on what would be the world’s longest offshore gas pipeline from Niger…
Australia
Renewables Investment in Australia Reaches $1.56B in June 2022
This is up from $97.2m in March 2016.
Energy Storage Battery
Equinor Reaches Final Investment Decision for UK Battery Storage Project
Blandford Road is a 25MW project in Dorset and is the first commercial battery storage asset for the Norwegian energy company
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Energy Storage Project
Equinor Confirms Construction of First Commercial Battery Storage Asset
Equinor has approved the final investment decision on the Blandford Road battery storage project in the south of the UK.
Coal-Fired Power Plants
Australia Set to Face High Power Prices as Coal Plants Retire
Australia is set to face high electricity prices for several years as massive new investment will be needed in transmission lines to hook renewable energy proje…
Energy Investment
Dubai Investment Fund in Projects Across Australia & Europe
Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, has announced that it will be investing …
Energy Transition
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.
Offshore Wind Power
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.
Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Solar Cell
Naturgy Builds 683 MW of Wind and Solar Power in Spain
The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…
Natural Gas
TotalEnergies Launches Offshore Gas Project in Argentina
France's TotalEnergies on Monday announced it had taken the final investment decision to kick off a natural gas project off the coast of Tierra del Fuego in sou…
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
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