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Investment
Energy Investment
Equinor Invests in Battery Storage Company
The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage.
Oil Field
Shell Pulls Out of Cambo Oilfield
SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.
Energy Investment
Acwa Power Signs Deal with Natixis to Secure Funding for New Projects
French bank could finance up to $2bn of the Saudi energy company's initiatives over the next two years
Hydrogen Project
Huge $2.6 billion Green Hydrogen Project Planned for Europe
Hydrogen, which has a diverse range of applications and can be deployed in a wide range of industries, can be produced in a number of ways.
Nuclear Power Plant
Initial Phase of Qinshan District Heating Project Commissioned
With a total investment of about CNY940 million, the project entered its trial operation phase on 15 November.
Energy Storage System
Chile’s Colbun Couples Storage with PV for Reliability and Decarbonisation
In Chile, energy generator Colbun has announced an $11 million investment to build an 8MW/32MWh energy storage system next to a new 230MWp solar PV facility in …
Nuclear Fusion
Equinor Ventures Increases Investment in Fusion
Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…
Solar Power Plant
UK Fund Finances Two Solar Projects
Investment in 115MW sites part of £500m fundraiser to double the amount of subsidy-free PV
Russian Federation
Russian Energy Sector is Among the Most Green Worldwide
The domestic energy sector is currently among the most green worldwide, Russian President Vladimir Putin said at the plenary session of the 13th VTB Capital Inv…
Energy Community Meets to Advance Off-Grid Renewables in Pursuit of Development and Climate Goals
IRENA’s International Off-grid Renewable Energy Conference held virtually for the first time, gathers global stakeholders to mobilise investments
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Solar Power Plant
Eurowind Energy, Solarpro to Build 250 MW Solar Power Plant in Bulgaria
Eurowind Energy, has established a joint venture called EURA Energy with Bulgarian clean energy and e-mobility investment firm Renalfa.
Energy Investment
UAE to Invest in Renewable Energy Projects of 3 GW in Turkey
The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 G…
Crude Oil
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …
Geothermal Power Plant
Cornish Lithium Gets $24 million to Develop UK Assets
Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the UK, has secured up to £18 million from metals-focused …
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