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Investment
China Energy
China State Grid Completes a Wholly-Owned Acquisition of Chile's Chiquita Group
The project is also the largest investment project by Chinese companies in the field of Chile's energy and utilities.
Oil Pipeline
UAE: Snam with Consortium Acquires 49% Of ADNOC Gas Pipelines
This is an important investment opportunity in a strategic energy infrastructure, for the consortium, of which Snam is the only industrial operator.
Electricity Transmission
Dalekovod, ELES Sign Contracts for Power Lines Worth EUR 59.5 Million
Croatia’s Dalekovod Group has signed contracts for three projects with Slovenia's transmission system operator ELES. The investment is estimated at EUR 59.5 mi…
Energy Investment
World Bank to Support Nepal's Energy Sector with $100m Credit
The World Bank has agreed to support energy sector reform in Nepal by giving the country's government a $100m development policy credit.
Egyptian Firm Globaltronics to Receive $10m from IFC to Improve Energy Efficiency
The Egyptian supplier of electric energy meters, Globaltronics, will obtain an investment of $ 10 million from the International Finance Corporation.
Energy Technology
Cummins Continues Growth in Hydrogen Technology
Columbus-based Cummins Inc. has launched a joint venture with a European hydrogen storage company as it continues to expand its investment and exploration of hy…
Energy Storage Project
Gore Street Acquires 50MW Scottish Storage Project
Energy storage investment fund Gore Street has reached a deal to acquire 100% of the 50MW Ferrymuir project in Fife, Scotland.
Market Analysis
Africa's Solar Ambitions Scale Up
May was a big month for solar power announcements in Africa and Chinese investment in African renewables has increased despite continuing focus on coal.
Energy Investment
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
Wind Power Project
APICORP Invests in Jordan Wind Project Company
Multilateral development bank Arab Petroleum Investments has invested in wind energy venture Jordan Wind Project Company.
Energy Investment
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Thermal Plant
PV Power Approves Plan to Build Nhon Trach Thermal Power Plants
The PetroVietnam Power Corporation has approved an investment plan to build Nhon Trach 3 and 4 thermal power plants with combined capacity of between 1,300-1,76…
Geothermal Power Plant
Lack of Policy Hampering Potential Geothermal Investments in Papua New Guinea
In a recent parliament sitting in Papua New Guinea, questions are raised on the geothermal policy for Papua New Guinea.
Nuclear Power Plant
Brazil Prepares to Resume Angra 3 Project
Brazil's Investment Partnership Programme council has approved a plan to complete unit 3 of the Angra nuclear power plant.
Energy Investment
Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says
While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.
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