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Investment
Nuclear Power Plant
Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …
Energy Investment
CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…
Electric Car
Ford Increases Electric Vehicle Spending to $22bn
Ford Motors increased its planned investment into vehicle electrification to at least $22bn by 2025, nearly doubling its previous commitment of $11.5bn.
Australia
Wood Mackenzie Assesses Australia’s Renewable Energy Policy
Australia needs an ambitious long-term Renewable Energy Target policy to unlock future investments.
Thermal Coal
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Energy Investment
Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.
Solar Power Panel
Macquarie Sets up Unit to Build 8 GW Solar Project Pipeline in Europe
Green Investment Group, owned by Macquarie, has launched Cero Generation, which will operate on a European scale and carry out both ground-mounted and commercia…
Offshore Wind Power
Saipem Awarded French Offshore Wind Contract
The contract is subject to a Notice To Proceed, which is contingent upon EODC making a positive final investment decision.
Solar Technology
First Solar Sites in Partnership between Green Investment Group and Enso Approved
Planning approval has been given for the first two solar and battery sites in Macquarie’s Green Investment Group and Enso's pipeline.
Oil Field
Chevron Pipeline Project Joins Egypt & Israel
With its aim to develop Israel’s natural gas fields, Chevron Corporation together with other energy companies is planning to make an investment of approximatel…
Energy Storage Project
Foresight Solar Pivots to Grid Batteries
Foresight Solar Fund is seeking shareholder approval to amend the company’s investment policy to invest in grid batteries located with solar.
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Energy Subsidies
CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt
The future photovoltaic solar power plants in Maroua and Guider will be tax-exempt for 10 years.
CCS
Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology
Elon Musk will be giving a prize of US$100 million to the best carbon capture technology, the entrepreneur tweeted, adding that he would unveil details on this …
Energy Investment
China's CEIC, China Reform set up $1.55 bln New Energy Fund
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-…
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