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Investment
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…
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
Energy Storage Battery
UK Government Must Spend £20Bn on Energy Battery Storage to Meet 2030 Renewables Targets
Modelling from Cornwall Insight on Great Britain’s (GB) Power Market out to 2030 has shown that between 2025 and 2030 the UK government must spend nearly a fif…
Electric Vehicle Charging
$60 Million EV Fund in WA 2022-23 Budget
The Western Australian Government has launched a $60 million Clean Energy Car Fund to accelerate the use of electric vehicles (EVs), including $3,500 rebates an…
Wind Farm
150MW Wind Farm Planned for Hong Kong’s Third-Largest Island
Hong Kong-based investment firm HK Electric has announced plans to develop an offshore wind farm southwest of Lamma Island, the third largest island in Hong Kon…
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