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Investment
Power Construction
SEC invests $245M in Melbourne Renewable ub
The State Electricity Commission (SEC) has invested $245 million to the new Melbourne Renewable Hub, with construction already underway. This is the first inves…
Hydrogen Fuel Cell
Zeroavia Is Getting More Funds, This Time for Its Hydrogen Fuel Cell Engines
The hydrogen aviation company scored £30+ million from the UK’s state-owned infrastructure investment bank.ZeroAvia has secured a total £91.9 …
Geothermal Power Project
Transitional Energy and Gradient Geothermal Announce Merger
The HXC Geothermal System designed by Gradient Geothermal (source: Gradient Geothermal)Investment management firm X Machina Capital Strategies (XMC) has announc…
Coal Production
India Opts for Coal Comfort in Meeting Power Demand
While India is urging investors, France, backed by the US, plans to seek a halt to private financing for coal-based power plants at the upcoming UN climate conf…
Offshore Wind Power
RWE Commits €55 Billion to Invest in Wind Energy
RWE AG has announced plans to significantly expand its investment in wind energy, despite the challenges facing the wider sector, including rising interest rate…
Offshore Wind Power
OX2 Sells Stake in Next Generation Swedish Offshore Wind Energy Portfolio to Ingka Investments
OX2 has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49 percent stake in next generation…
Oil & Gas Supply
Exclusive: Capital Power CEO Planning No Canadian Gas-Fired Plants Due to Trudeau's Regulations
Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity re…
Green Hydrogen
Danish Fund's $10B Investment Propels Green Hydrogen Hub in Mexico
Danish financial economic fund is set to inject a staggering $10 billion into a green hydrogen plant in the Isthmus of Tehuantepec, according to an announcement…
Carbon Emissions
Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year
Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Captur…
Biofuel
Canada to Make Waste Biomass Eligible for 2 Clean Energy Tax Credits
The Government of Canada on Nov. 21 announced plans to allow systems that utilize waste biomass to produce heat and/or electricity to claim the country’s …
Carbon Capture
Canada Oil Sands Carbon Capture Project to Make Final Investment Decision in Mid-2025
A truck drives down a street at Syncrude's oil sands operation on May 23, 2006 near Fort McMurray, Alberta. REUTERS/Todd Korol/File Photo Acquire Licensing …
Nuclear Technology
China Breaks Ground in Nuclear Energy Heating
China's first nuclear energy heating project that covers multiple prefecture-level cities, operated by the State Power Investment Corp, was put into operati…
Pumped Storage
Andritz Secures Contract to Equip Ebensee Pumped Storage Plant, Austria
International technology group Andritz has been commissioned by Upper Austrian utility Energie AG to provide electromechanical equipment for the Ebensee pumped …
Oil & Gas Trade
Brazil's Petrobras Plans to 'Revitalize' Company With $102 Bln Investment
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Solar Technology
Autumn Statement Will Stimulate Solar Investment, Says Solar Energy UK
Taken as a package, today’s announcements add up to a real shot in the arm for solar power and renewable energy in general, said Chris Hewett, chief execu…
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