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Investment
Offshore Wind Power
Britain Launches Offshore Wind Farm Incentives Scheme
Yacht sails in front of an offshore wind farm, seen from Walton-on-the-NazeBritain opened an incentive scheme on Thursday for offshore wind projects, seeking to…
LNG
Celsius and Basalt’s Two-Vessel LNG Fleet Growing by One, Possibly More
UK-based investment firm Basalt Infrastructure Partners has signed a deal to add a newbuild liquefied natural gas (LNG) carrier to the existing LNG platform own…
Power Construction
China Eyes Hydropower for Steel Mills in K-P
A Chinese investment company has approached the Khyber-Pakhtunkhwa (K-P) government to purchase 120 MW of affordable hydropower from the Chakdara Swat Corridor,…
Photovoltaic (PV)
Solar Energy UK: Capping Solar and Bess Risks £26 Billion Investment
The trade group warns that billions in investment could be lost to capacity limits post-2030.Solar industry trade group Solar Energy UK has penned an open lette…
Hydropower Plant
Neoenergia Sells Baixo Iguaçu Stake to EDF and STOA
Iberdrola’s Brazilian subsidiary, Neoenergia, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to French electricity company ED…
Offshore Wind Power
Green Light for Contruction to Start on Baltica 2 Offshore Wind Farm
Final investment decision has been reached on the Baltica 2 offshore wind farm, which will allow the construction phase of the project to begin.Baltica 2, a pro…
Battery
CIP Starts Construction on 960MWH Oz Battery Site
Copenhagen Infrastructure Partners (CIP) is starting construction of its first large-scale battery energy storage site in Australia, the 240MW / 960MWh Summerfi…
Photovoltaic (PV)
Adjar Energy Invests $460M in Georgian Renewables Projects
The investment boosts Georgia’s competitive stance in the renewable energy market.Adjar Energy, a subsidiary of Turkish company Eksim Holding, has committ…
SAF
UK to Offer Additional SAF Project Funding, Responds to Public Consultation on SAF Subsidies
The U.K. Department for Transport on Jan. 29 announced it will investment £63 million ($78.35 million) over the next year under its Advanced Fuels Fund to…
Wind Farm
ØRsted Cuts 2030 Investment Programme 25% Due to Rising Costs
Ørsted plans a DKr210bn ($29.1bn) to Dkr230bn investment programme from 2024 to 2030.Danish energy company Ørsted has announced a 25% reduction in…
Geothermal Heating Project
Yeager Energy Secures Investment and Acquires Interests in Two Geothermal Companies
Purmerend, Netherlands, one of the project sites of Yeager EnergyDutch geothermal company Yeager Energy (Yeager) has announced that it has secured a commitment …
Offshore Wind Power
‘Japan to Raise Domestic Procurement Goal'
Japan is reportedly seeking to raise its domestic procurement goal for offshore wind farms to roughly 70% in 2040 from the current 60% in a bid to build up the …
Photovoltaic (PV)
UK Policies ‘Put Post 2030 PV, Storage at Risk'
A combination of policies solar and storage is putting £26bn of investment at risk and could lead to higher energy bills, according to trade association S…
Offshore Wind Power
Orsted to Slash Spending by 25%
Orsted is to slash its investment plan for the remainder of the decade by around 25% to address its US offshore wind and other market challenges.The Danish deve…
Hydropower Plant
Canada Invests in Iqaluit Hydropower Project for Energy Security in Nunavut
The investment supports Phase III engineering and design for the Iqaluit Nukkiksautiit project.The Canadian government has announced a federal investment of $6m…
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