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Investment
Geothermal Power Project
Enel Plans EUR 3 Billion Investment for Geothermal in Italy
Chiusdino geothermal plant, Tuscany/ Italy (source: Enel Green Power)Enel Green Power (Enel) has announced an investment plant of EUR 3 billion for the geotherm…
Electric Vehicle Battery
Hyundai and LG Energy Solution up US Investment for Battery JV
Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant i…
Solar project
ACWA Achieves Financial Close for 200 MW Kom Ombo Solar Project in Egypt
ACWA Power, has announced the financial close for the 200 MW Kom Ombo project, a utility-scale solar power plant in Egypt.With an overall investment cost of US$…
Offshore Wind Power
Ørsted Anticipates Impairments of up to Eur 2.15 Billion on US Portfolio
The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse…
Geothermal Power Project
Eastland Secures $25M Long-Term Loan to Construct and Upgrade Geothermal Assets
The Te Ahi O Maui geothermal power plant in Kawerau, New Zealand (source: Eastland Generation)New Zealand-based renewable energy company Eastland Generation wil…
Nuclear Power Plant (NPP)
Government Releases Further £341M to Support Sizewell C Nuclear Plans
Department for Energy Security and Net Zero says latest funding award will help get site 'shovel-ready', as government continues to seek private investm…
Oil & Gas Trade
BP Urges More Oil, Gas Investment While Speeding Energy Transition
A woman walks past a Jio-bp fuel tanker, an Indian fuel and mobility joint venture between Reliance Industries (RIL) and British Petroleum (BP), fuel station, i…
Wind Farm
Govt Urged to Advance Green Energy Projects
LAHORE: Experts and academics have recommended to the government to advance green energy projects and discourage investments in fossil fuels and other environme…
SMR
Saskatchewan Seeks to Develop Smr Supply Chain
Saskatchewan's Crown Investments Corporation (CIC) is providing CAD479,000 (USD352,296) to the Saskatchewan Industrial and Mining Suppliers Association (SIM…
Carbon Emissions
Biden Administration Pledges $1.2bn for World's Largest DAC Plants
The US Department of Energy (DOE) last week announced $1.2bn of investment in two commercial-scale direct air capture (DAC) facilities in the states of Texas an…
Carbon Emissions
City of Portland Presents $750M Climate Investment Plan
PORTLAND Ore. (KPTV) - The City of Portland presented its final plan of how they want to allocate $750 million of the Portland Clean Energy Community Benefits F…
Energy Storage Project
SK on to Invest up to KRW 1.5t (Us$1.1b) In Battery Manufacturing Expansion in Seosan City
SK On will make a KRW 1.5-trillion (US$1.1-billion) investment in its domestic battery production base in Seosan, South Korea, paving the way for the completion…
Offshore Wind Power
Crowley, Morgan Stanley Form Us Offshore Wind Pact
Crowley and Morgan Stanley Investment Management (MSIM), through Morgan Stanley Infrastructure Partners (MSIP), have formed a new joint venture to advance offsh…
Energy Storage Project
Engie Acquiring Broad Reach Power's Battery Storage Business
French multinational utility ENGIE has agreed to buy the battery storage business of Houston-based Broad Reach Power from its co-investment partners Yorktown Pa…
Green Hydrogen
ARENA to Scale-up Green Hydrogen With $20 Million Investment
The Australian agency is backing hydrogen technology from Hysata.ARENA (the Australia Renewable Energy Agency) announced an AU$20.9 million ($13.38 million) inv…
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