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Investment
Geothermal Power Project
Greeneco Energy Geothermal Project in Türkiye to Be Awarded With Gov’t Incentives
The planned 49-MW geothermal power plant of Greeneco Energy in Sarayköy, Türkiye is set to receive an investment incentive equivalent to approx. USD 83 millio…
Energy Investment
UAE’s Mensha Ventures and China Join Forces to Invest $1BN in GCC Sustainable Projects
New Green Tech Fund aims to build portfolio companies in the green technology sector that will primarily focus on Gulf Co-operation CouncilThe UAE has been at t…
Gas power plant
New York Investment Group to Acquire 2.1GW of Gas-Fired Assets in Texas
Image: 123rfNew York-based LS Power has announced it will acquire 2,145MW of natural gas-fired generation in the ERCOT North region of Texas through a special-p…
Photovoltaic (PV)
MPIC Becomes Largest Shareholder of Solar Phillippines
Metro Pacific Investments Corp. (MPIC) has acquired a 42.82% stake in Solar Philippines Nueva Ecija Corp. (SPNEC) for PHP 24 billion ($430.6 million).Image: SPN…
Tender/bid
Totalenergies Potentially Interested in Acquiring Akuo
Image: Akuo EnergyA number of entities, including the investment unit of TotalEnergies, are interested in the planned sale of Akuo, according to French media re…
Gas power plant
New York Group Acquiring More Than 2.1 GW of Texas Gas-Fired Capacity
New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural g…
Coal Mine
Qatarenergy and Namibia’s Ministry of Mines and Energy Sign Mou to Strengthen Cooperation in Energy Sector
The MoU covers knowledge sharing, workforce development, and exploring further investment opportunities in Namibia.QatarEnergy and the Ministry of Mines and Ene…
Oil Field
Iraq to Sign Investment Contract With Totalenergies for Flare Gas Recovery Project, Launches New Hydrocarbon Exploration Licensing Round
The project aims to recover 600 million cubic feet of gas currently being flared in oil fields located in Basra, IraqIraq’s Oil Minister, Hayan Abdul Ghan…
Renewable Energy
Bahrain Aims to Double Renewable Energy Targets as Gulf Countries Step up Production
There should be 'mega investments' in the interconnection of the grid for the 'full utilisation' of power, UAE energy minister saysSuhail Al Maz…
Offshore Wind Power
Chinese XXXL Monopile Facility Reaches Financial Close
CNOOD Wechong Heavy Industries (CWHI) has made a final investment decision to build its XXXL monopile facility in Qinzhou Port, Guangxi, China.The new site will…
Electric Vehicles
Ingeteam Announces the Manufacture of EV Charging Stations in Milwaukee to Meet the Growing Demand in the American Market
Ingeteam, the global leader in DC fast and ultra-fast chargers, will expand its 140,000 sq. ft US production facility in Milwaukee, WI.This important investment…
Energy Investment
A Minimum $200B Energy Investment Key Want in Southeast Asia
It has been brought to light that Southeast Asia will at a minimum need $200 billion worth of investment in the energy sector by the end of this decade in order…
Biofuel
Evonik Begins Construction on Alkoxides Plant in Singapore
Photo: Evonik Corp.Evonik Corp. has begun construction of a new production plant for alkoxides in Southeast Asia.The investment, in the mid double-digit million…
Offshore Wind Power
Interim Report for the First Quarter of 2023 – Strong Start to the Year With All-Time High Earnings From Offshore Sites and Final Investment Decision on Greater Changhua 2B and 4
Today, Ørsted’s Board of Directors approved the interim report for the first quarter of 2023.Operating profit (EBITDA) for the first quarter was in…
Renewable Diesel
JET2 Announces Major Investment Into UK SAF Production
Jet2 plans a major investment into a new sustainable aviation fuel (SAF) production plant to be constructed in the North West of England – one of the firs…
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