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Brazil
EDP Brazil Shrinks Hydropower Portfolio in Favour of Solar
EDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution and transmission.
Wind Turbine
Türkiye’s New Wind Power Capacity in 2023 Represents an Investment of One Billion Dollars
Türkiye could install another 1,000 megawatts (MW) in wind energy capacity next year, an addition that could attract $1 billion (TL 18.57 billion) in fresh inv…
Hydrogen Project
Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report
Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…
Carbon Emissions
Apple Announces New Clean Energy Investments, Asks Suppliers to Decarbonize
Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations rela…
Coal Production
Indonesia’s Pivot Away From Coal Will Require Massive Investments
As the world’s largest coal exporter, Indonesia will play a key role in reducing global emissions, but it needs help to do it.
Paris Climate Agreement
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
Solar Power Panel
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
Spain
Spain to Pull out of Treaty Protecting Energy Investments
Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Electric Car
Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects
U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…
LNG
LNG Investments to Reach $42B Annually in 2024: Report
This is 20 times the investments seen in 2020 which amounted to $2b.
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
bp Criticised for Big Spend on “Green” Social Media Ads
The energy giant has allegedly spent more than £800,000 on social media ads showing the company’s investments in low carbon technologies.
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