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Investment
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Nuclear Reactor
South Korea’s SK invests $250m in Bill Gates’ TerraPower
The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Energy Storage Battery
Blackrock Makes $700 Million Investment in Australian Battery Storage
Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.
Geothermal Power Plant
New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment
New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…
Natural Gas
Israeli Natural Gas Lines Signs Investment Contract With Prisma Photonics
Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastr…
Electric Vehicle Charging
British EV Charging App Raises £9M to Boost International Expansion Plan
Good Energy has led the fundraising with £3.7 million investment.
Smart Meter
Serbia Smart Metering Project Supported
Phase one of Serbia’s smart metering implementation has been awarded €7.8 million ($8 million) from the EU through the Western Balkans Investment Framework. …
Offshore Wind Power
Vietnam Needs $8 Bln-$14 Bln Power Investment a Year Through 2030 - Minister
Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry m…
Shell Completes Acquisition of Renewable Platform Sprng Energy Group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited, and with …
bp Criticised for Big Spend on “Green” Social Media Ads
The energy giant has allegedly spent more than £800,000 on social media ads showing the company’s investments in low carbon technologies.
Net Zero Emission
American Airlines Looks to H2 With Zeroavia Deal
Hydrogen-electric flight firm ZeroAvia has announced an investment deal with American Airlines that could see up to 100 ZeroAvia H2 engines ordered by American.
Oil&Gas Drilling
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…
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