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Investment
Electric Car
GM To Boost EV Investments By 35% By 2025
GM plans to increase investments in electric vehicles by 35 percent from earlier plans over the next five years to $35 billion as the company eyes one of the to…
Hydrogen Project
Portugal's Galp Moves to Green Hydrogen at Refinery, Eyes $1.2 bln Investment
Portugal's Galp Energia plans to install a 100-megawatt electrolyzer to power its refinery in Sines with green hydrogen by 2025, a project which could be expand…
Energy Investment
Thailand Coal Power Company Acquires Solar Farms in Australia
The acquisition is part of the company’s commitment to greener energy.
Energy Storage Battery
GIG and Capbal to Develop Battery Storage Portfolio in the UK
Macquarie’s Green Investment Group has acquired a portfolio of development-stage utility-scale, distribution-connected battery storage projects in the UK from …
Solar Power Plant
CWP Global to Build First Utility-Scale Solar Power Plant in Serbia
Renewable energy company CWP Global will start building a 50 MW solar power plant near the southwestern Serbian town of Sjenica at the beginning of 2023, in a E…
Hydrogen Project
Report: Egypt to Invest up to $4B in Green Hydrogen Project
Egypt is planning to invest up to $4 billion in a project to generate green hydrogen via electrolysis
Energy Investment
Singapore Places $1.8 billion for Green Investments
At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign…
Electric Car
Volkswagen Invests $620 million in Northvolt to Secure Battery Supply
The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…
Energy Investment
Saudi Arabia Loans Rs37bln for Mohmand Hydropower Project
Saudi Arabia has approved 901 million Saudi Riyal loan for construction of 800 megawatts Mohmand hydropower project in Pakistan, a foreign envoy said on Wednesd…
Carbon Neutral
Irena and China to Work Together on Carbon Neutrality Roadmap
China was ranked the third most attractive renewables investment destination by IHS Markit
Wind Power Project
Engie Closes Financing of 150 million Dollars for Future Punta Lomitas Wind Power Plant
Engie Energía Perú closed a financing for 150 million dollars for up to 12 months in order to finance part of the estimated investment to develop the future P…
Hydrogen Technology
Ardmore Shipping Unveil Definitive Agreement for Methanol-to-Hydrogen Technology
Ardmore Shipping today said it has inked a deal to invest in Element 1’s unique methanol-to-hydrogen technology, building on its previous joint venture and s…
Oil Field
Australia’s Karoon Takes FID on Patola Oil Field
Australian independent Karoon Energy has made a positive final investment decision on the 10,000 b/d Patola oil field in the Santos basin offshore Brazil at a d…
Market Analysis
IEA Report on Energy Investment Barely Mentions Nuclear
However, spending on clean energy transitions are not sufficient to meet climate goals.
Hydrogen Technology
SK Makes Strategic Investment in Clean Hydrogen Company Monolith; “Cyan Hydrogen”
SK Corp, the holding company of SK Group, has made a strategic investment in Monolith, a US company that has developed a plasma-based process to produce “cyan…
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