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Investment
Electric Car
Xiaomi Invests in NEV Charging Services Firm KBVIP
Xiaomi‘s Hanxing Venture Capital has reportedly carried out investment to become the third-largest shareholder of KBVIP.
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Net Zero Emission
Australia Beefs up Investments in Bid to Meet Net Zero: Report
It is poised to make a $300m investment in CCUS projects in the next decade.
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Offshore Wind Power
US, China and UK Lead Renewable Energy Attractiveness
The US, mainland China and UK are the top three markets respectively based on attractiveness of renewable energy investment, according to the 59th EY Renewable …
Energy Investment
US Government to Invest $38M in Decarbonising National Laboratories
Each of the Department of Energy’s national laboratories houses heavy industrial facilities, energy-intensive data centres, reactors and other unique infrastru…
Coal-Fired Power Plants
“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter
Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas
Clean Energy Transition
SEA Needs $190B Annual Energy Investments by 2030: IEA
This amount will help the region reach its climate goals.
Wind Farm
OX2 Hands Over åNdberg Wind Farm in Sweden
OX2 hands over the Åndberg wind farm in Sweden to the private investment house Ardian. With 53 wind turbines and a total capacity of 286 MW, Åndberg is OX2’s…
Norway
Norwegian Start-up Morrow Batteries Secures €100M Investment
The company will use the proceeds to build the first phase of its battery cell factory in Arendal, Norway.
Natural Gas
BMW Exploring Energy Investments to Reduce Dependence on Natural Gas
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring t…
Hydrogen Production
Transnational Africa Green Hydrogen Alliance Launched
Six African countries have joined forces to launch the Africa Green Hydrogen Alliance to collectively scale-up investment and development across the continent’…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Hydrogen Project
Rystad Energy: Egypt Invests in Green Hydrogen Economy
COP27 host Egypt has committed US$40 billion to green hydrogen economy to attract foreign investment.
Thermal Plant
JERA Americas Acquires Thermal Power Plant Portfolio
JERA Americas, subsidiary of Japanese energy company JERA, said it agreed to buy a 1,633MW thermal power portfolio in New England, USA from infrastructure inves…
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