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Energy Investment
South Korean and Chinese EV Battery Companies Competing in Hungary
South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…
Offshore Wind Power
Turkey Holds 75 gigawatts of Offshore Wind Energy Potential
Durak told Anadolu Agency that the DÜRED was established on April 5, 2021, to bring the energy and maritime sector together and to drive investments in offshor…
Energy Investment
Iberdrola Forges Spanish Investment Pact with Insurer
Partnership with MAPFRE targeting 1GW of wind and solar investments
Energy-Eficient Building
Energy Efficiency Helps Turkey Save $158 million in 2020
Turkey’s investments in energy efficiency in 2020 totaled $635 million which helped to save 451,000 tons of oil equivalent valued at $158 million
Solar Technology
Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative
The target will require huge investments in solar technologies, experts warn, as less than 1% of the oil producing nation’s energy comes from renewables
Energy Investment
UK Funds 254MW Clean Energy Projects in South Africa
UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.
Natural Gas
National Grid Buys Western Power Distribution, Sells Narragansett Electric
UK-based transmission operator National Grid has agreed to acquire Western Power Distribution’s holding company PPL WPD Investments from PPL WPD, for an equity…
Nuclear Reactor
Canadian government invests in SMR project
The Canadian government has announced investments totalling just over CAD56 million (USD45 million) to support the development of small modular reactor (SMR) re…
Wind Farm
Romania has 1.4 GW of Wind Farms in the Pipeline
Romania could get another 1.4 GW of wind farms in the next five years. The investments are estimated to as much as EUR 2 billion.
Power Construction
Wartsila, LUT University Carry out Study to Explore Carbon-Neutral Power System in India by 2050
The joint study is focused on investments in flexible generation technologies for India’s energy transition
Tidal Energy
Global Wave And Tidal Capacity Hits 60MW
Project investments exceeded €45m in 2020 mainly in Europe, says Ocean Energy Europe
Hydropower Plant
Loch Ness Pumped Hydro Developers Win Consent for 50MW Battery Project
Planning consent has been granted for a 50MW battery energy storage project in Aberdeenshire for developer Intelligent Land Investments Group.
Solar Power Plant
NAMIBIA: Old Mutual Buys Back Shares in the Rosh Pinah Solar Power Plant
Old Mutual Investment Group Namibia has just acquired a majority stake in Aloe Investments Number Twenty-Seven, the project company that owns and operates the 5…
Electrification
World Bank to Finance Electrification Investments in Angola
The World Bank has approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected …
Nuclear Reactor
Estonia’s Fermi Energia Seeks $1m to Launch SMR Planning Procedure
The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a sm…
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