Investment

Renewable Energy

Egypt Looking To Raise Target for Renewable Energy to 58% by 2040

Egypt is looking to raise its target for the renewable share of energy generation to 58% by 2040 in an updated strategy for expanding green power, Electricity M…

Hydropower Plant

Government Investing in Hydroelectric Energy in Eastern Ontario

The Arnprior Generating Station. By Royalbroil, Wikimedia CommonsThe Ontario government is supporting Ontario Power Generation’s (OPG) $1 billion investme…

Offshore Wind Power

Iberdrola Greenlights Its Third Offshore Wind Project in German Baltic Sea

Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm in Germany, which has now advanced to the delivery phase.Windanker …

Floating Offshore Wind

EDF's Italian Subsidiary Acquires Major Stake in 975 MW Floating Wind Project Offshore Sicily

Edison, the Italian subsidiary of EDF, has acquired a 50 per cent stake in Wind Energy Pozzallo, a special-purpose company that is developing a 975 MW floating …

Electricity Trade

Citadel to Buy Power Firm Energy Grid in First Japanese Acquisition

Hedge fund Citadel will buy Japanese power firm Energy Grid in its first acquisition in Japan and the first major U.S. investment in Japan's wholesale energ…

Pumped Storage

Uniper Recommissions Happurg Pumped Storage Plant

Uniper has announced the recommissioning of the Happurg pumped storage plant near Nuremberg, with an investment of around €250 million. The plant, expected…

Solar Power Plant

Investment Project on Construction of 400 MW Solar Power Plant in Issyk-Kul Region Signed in China

Chairman of the Cabinet of Ministers Akylbek Japarov met with TBEA Chairman Xin Zhang as part of his working trip to the city of Urumqi, Xinjiang, the Cabinet&#…

Wind Farm

Alcazar Invests $500 Mln in North Macedonia's Largest Wind Farm

Renewable energy investor Alcazar Energy Partners said on Tuesday it has launched the largest wind farm project in North Macedonia with an investment of at leas…

Oil & Gas Trade

Iran Inaugurates 17 New Oil, Refining, Petrochemical Projects

TEHRAN, Jun. 25 (MNA) – In a significant boost to the country's energy infrastructure, Iran has officially inaugurated 17 major oil, refining, and pet…

Hydropower Plant

BII Invests in Hydropower and Wind Expansion in Tanzania

DCIM100MEDIADJI_0024.JPGBritish International Investment (BII) has announced a significant investment agreement with Meridiam, aiming to bolster hydropower and …

Offshore Wind Power

Middle East and Africa Has 1.4TW of Offshore Wind Potential – Report

So far, there has only been investment in onshore wind in the region. Credit: fokke baarssen/Shutterstock.The Middle East and North Africa (MENA) could utilise …

Offshore Wind Power

Middle East Has Around 1,400 GW of Offshore Wind Power Potential

Significant investments are needed to unlock the potential 1,400 gigawatts of offshore wind in the Middle East and North Africa.In its latest report, the World …

Oil & Gas Trade

Oil Majors Commit $127B to Latin America's Untapped Reserves

Amid the shifting energy landscape, international oil majors have committed a significant $127 billion to Latin America.Collectively, they plan to invest this a…

Offshore Substation

European Offshore Wind Substations to Require USD 20 Billion Investment by 2030, Rystad Energy Says

According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estima…

Methane

White Summit to Invest 250 Million Euros in Spanish Green Methanol Plant

Infrastructure investment firm White Summit Capital will invest 250 million euros ($267 million) in a green hydrogen and methanol plant in Spain, a person famil…