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European Investment Bank to Stop Financing Fossil Fuel Projects
The European Investment Bank (EIB) will end financing for fossil fuel energy projects from the end of 2021 in a move to aligning all its financing activities wi…
Gas turbine engine
Ansaldo Energia Wins New Orders In Worth Half A Billion Euros
Ansaldo Energia will supply the main components of four AE94.3A gas turbines for China Datang Group and will supply two AE64.3A gas turbines for State Power Inv…
European Investment Bank to End Fossil Fuel Financing by 2021
The European Investment Bank (EIB) has agreed to cease funding fossil fuel energy projects by the end of 2021 as part of its “increased ambition in climate act…
Conference on EU Energy Strategy Calls for Investments in Clean, Sustainable Energy
A conference of the European Strategic Energy Technology (SET) Plan underlined here on Friday the need for the European Union (EU) to provide the energy industr…
Solar Power Panel
Ørsted Starts Construction of Landmark Solar Project
Ørsted has announced that following the final investment decision from its Board of Directors, it has commenced construction on the company’s first utility-sc…
Investment to Make Africa A World Leader in Renewable Energy
Johannesburg, South Africa, where close to half of its 1.2 billion people have access to electricity, is set to become a world leader in renewable energy.
Shale Gas
Argentina's Shale Trove Risks Staying Buried, Oil Chiefs Say
Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider.…
Africa Will Need More Power to Meet Its Future Needs
A report published by the International Energy Agency (IEA) has found that current policy and investment plans in the continent are not sufficient to meet the e…
Energy Investment
US DoE Announces Recipients of $128 Million in Solar Innovation Funding
Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, the DoE will fund 75 innovative research projects that will lo…
Market Analysis
African Countries Tout Their Oil And Gas Investment Opportunities
Several African countries have used the Africa Oil Week (AOW) event in Cape Town this week to promote their oil and gas sectors to a global audience of investor…
Africa must Quadruple Power Investment to Supply Electricity for All
African countries will need to quadruple their rate of investment in their power sectors for the next two decades to bring reliable electricity to all Africans,…
Gas Turbine
GE to Invest $60m in Global Gas Turbine Centre of Excellence
GE is to invest up to $60m over the next decade in its existing Global Repair Service Centre in Singapore.The company said the move underscores its “commitment…
A $202.25m Project Will Focus on Helping Belarus Accelerate Energy Efficiency
The $99.3m in World Bank funding will be coupled with $99.3m from the European Investment Bank and $3.65m from the Global Environmental Facility to implement en…
Nova Innovation Launches Crowdfunding Campaign to Fast Track Tidal Technology
Tidal energy company Nova Innovation is looking to crowdfund £500,000 on investment platform Seedrs, offering 1.74% equity, in order to support its tidal energ…
Build And Improve 145 Miles Electric Line In East Central Georgia
This Rural Development investment will be used to connect 1,750 consumers, and build and improve 145 miles of line. This loan includes $591,000 in smart grid te…
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