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Investment
Energy Investment
Scatec to Invest $11.6bn in Renewables for 15GW Capacity Target
Renewable energy company Scatec has announced an investment of $11.6bn to increase its renewable energy generation capacity by 2025.
Hydrogen Project
Mubadala and Snam Sign MOU to Collaborate on Hydrogen Development
Mubadala Investment Company and Snam, a leading energy infrastructure operator, signed a MoU with the aim to collaborate on joint investment and development ini…
Clean Energy Transition
Invest $131 Trillion in Clean Energy by 2050 to Hit Climate Goals, Agency Says
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively sca…
Natural Gas
National Grid Buys Western Power Distribution, Sells Narragansett Electric
UK-based transmission operator National Grid has agreed to acquire Western Power Distribution’s holding company PPL WPD Investments from PPL WPD, for an equity…
Nuclear Reactor
Canadian government invests in SMR project
The Canadian government has announced investments totalling just over CAD56 million (USD45 million) to support the development of small modular reactor (SMR) re…
Energy Investment
Apple Invests $2.8bn in 17 Renewable Energy Projects in 2020
The projects will cut 921,000 metric tonnes of carbon emissions annually and help the iPhone maker to become carbon-neutral by 2030
Hydrogen Fuel Cell
C-ALPS Receives £2m New Lab Investment for Hydrogen Fuel Cells
The Centre for Advanced Low-Carbon Propulsion Systems has received an investment of over £2m to establish a new hydrogen fuel cell development facility in Cove…
Wind Farm
Romania has 1.4 GW of Wind Farms in the Pipeline
Romania could get another 1.4 GW of wind farms in the next five years. The investments are estimated to as much as EUR 2 billion.
Nuclear Power Plant
Westinghouse Plans Investment in Polish Nuclear
Westinghouse Electric Company has announced its intention to invest in nuclear technologies in Poland, following a meeting in Warsaw between Westinghouse CEO Pa…
United Kingdom
Octopus Renewables Looks to Further Growth After Strong First Year Results
Octopus Renewables Infrastructure Trust (ORIT) has hailed the success of its inaugural year with a gross asset value of £441 million from 24 assets.
United Kingdom
EDF Acquires 100MW of Solar as UK Portfolio Continues to Grow
EDF Renewables has acquired two grid scale solar projects, adding 100MW to its growing UK portfolio.
Geothermal Power Plant
Djibouti Launches Its National Geothermal Energy Engineering Company
Djibouti has reached another milestone in its geothermal energy development with the establishment of its very own national geothermal energy engineering compan…
Energy Investment
Porsche Invests EUR 70 million in Croatia’s Rimac Automobili
Porsche has increased the share of its ownership in Croatia’s electric car producer Rimac Automobili to 24% with an investment of EUR 70 million.
Solar Power Plant
Burkina Faso to get 30MW Solar Plant for National Grid
The Emerging Africa Infrastructure Fund will finance 80% of the construction of Urbasolar SAS’ new solar plant planned for 250km south-east of Ouagadougou, Bur…
Nuclear Fusion
S Could Operate a Fusion Plant by 2040, Academy Says
The US National Academy of Sciences, Engineering and Medicine has called for urgent investment by the government and private sector to enable a pilot fusion pla…
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