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Investment
Hydropower Plant
Japanese Company to Build 2 Small Hydropower Plants on Chon-Kemin River
The Cabinet of Ministers has endorsed a draft of the investment agreement on construction of 2 small hydropower plants on the Chon-Kemin River.The given agreeme…
Crude Oil
BP to Become Sole Owner of Lightsource BP
BP signed a deal to acquire the 50.03 percent ownership share in Lightsource BP that it does not already own.BP PLC has signed a deal to acquire the 50.03 perce…
Solar Power Plant
ACCIONA Energía to Start Construction of the Aldoga Solar Farm in Australia
ACCIONA Energía has announced today that the construction of the Aldoga Solar Farm in Australia, with a total capacity of 380MW and an associated investm…
SAF
Infinium Receives $75M Equity Commitment for Saf Efuels Project Roadrunner; Offtake Agreement With American Airlines
Infinium and Breakthrough Energy Catalyst announced a $75-million project equity investment commitment to support Infinium’s Project Roadrunner, subject t…
Offshore Wind Power
Totalenergies Signs Investment Agreement for Wind Energy Project in Kazakhstan
TotalEnergies has announced the signing of an investment agreement for the Mirny wind energy project in Kazakhstan. This project aims to develop a wind power pl…
Offshore Wind Power
EIB and Ørsted Sign €400M Loan to Finance New Wind Energy Production in Denmark
The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supportin…
Renewable Energy
Tripling Renewables by 2030 Is Feasible and Will Mobilise Investments of 2.2 Trillion Dollars per Year
The Executive Chairman of Iberdrola stresses that achieving the goal of tripling renewables will require investments of 2.2 billion euros per year and that regu…
SMR
ENEC, GE Hitachi Sign MoU for Future Investment in SMR Tech
Mohamed Ibrahim Al HammadiThe Emirates Nuclear Energy Corporation (ENEC) has signed a Memorandum of Understanding (MoU) with GE Hitachi Nuclear Energy (GE Hitac…
Oil & Gas Supply
Indonesia Approves Delayed Abadi Masela Gas Revised Development Plan
Indonesia has approved a revised development plan for the long-delayed Abadi Masela gas project with $20 billion in investment targeting production to start in …
Offshore Wind Power
RWE and Masdar to Co-develop Giant British Offshore Wind Project
British Prime Minister Rishi Sunak delivers the keynote speech at the Global Investment Summit at Hampton Court Palace, in East Molesey, Surrey, Britain Novembe…
Carbon Emissions
UK PM to Unveil $2B Climate Investment at COP28
Sunak arrives at COP28 trying to show the UK remains committed to the climate cause after he watered down his green agenda.Rishi Sunak will pledge to spend GBP …
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…
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