Investment

Energy Investment

UN Chief Urges Banks to Halt Fossil Fuel Infrastructure Financing

Banks should finance low-carbon climate-resilient projects, not big fossil fuel infrastructure that is not even cost-effective anymore, UN Secretary-General Ant…

Wind Power Project

Bank of Ireland and EIB Co-Finance €100m Wind Energy Project

The European Investment Bank is partnering with the Bank of Ireland to co-finance a €100 million wind energy farm project.

Energy Investment

Iraq to Invest $3bn Over Five Years in the Basrah Gas Company

Baghdad has also looked at forming other alliances regionally, to wean its dependence off Iranian gas

Solar Power Plant

Cubico Targets 500MW of UK Solar and Wind in New Joint Venture

Over 500MW of new UK solar PV and onshore wind is to be developed by a joint venture between Cubico Sustainable Investments and Peel NRE.

Major Chinese Investors Could Buy Stake In Aramco

Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…

Oil Price

Goldman: Oil To Hit $80 On Largest Ever Demand Jump

Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish fo…

Solar Power Plant

Qatar Launches First Solar Atlas To Tap Its Renewable Energy Potential

Atlas will support the development of national policies and identify new profitable investments and markets in solar power realm

Energy Storage Project

SEACEF Invests in 500MW Floating Solar + Storage in Vietnam

Clime Capital, a Singapore-based investment management company that manages funds from SEACEF, announced that it has invested in an innovative floating solar an…

Energy Storage Project

Finnish Energy Supplier Unveils Grid Battery

Pohjolan Voima aims to make an investment decision on the €20m project during 2021

Energy Investment

Energo-Pro Completes Largest Czech Investment in Hydropower Industry

Czech energy group Energo-Pro has completed the construction of the Alpaslan 2 hydropower plant in Turkey. The project, which cost around $600 million, is the l…

Energy Investment

South Korean and Chinese EV Battery Companies Competing in Hungary

South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…

Canada

Amazon Announces First Renewable Energy Project in Canada

Amazon has announced its first renewable energy investment in Canada, a solar project in the County of Newell in Alberta.

Energy Investment

Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub

Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.

Energy Investment

Coal India Signs First 100 MW Solar Power Purchase Agreement

The company had won a 100 MW solar power project in March in a reverse auction conducted by GUVNL.

Microgrid

Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria

Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…