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Investments
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…
Australia
Wood Mackenzie Assesses Australia’s Renewable Energy Policy
Australia needs an ambitious long-term Renewable Energy Target policy to unlock future investments.
Thermal Coal
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Smart Grid
Duke Energy Florida, Consumer Groups Reach Agreement for Building Smarter Energy Grid
Collaborative agreement includes investments in grid modernization and EV charging stations.
Market Analysis
French Central Bank to Exit Coal, Cap Oil and Gas Investments
The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards …
Energy Investment
Resalta Sells Croatian Biomass Cogeneration Plant
The transaction is one of the largest foreign investments in the biomass renewables segment in Croatia.
France
Total to Keep up Renewables Energy Investments in 2021, Says CEO
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday.
Wind Farm
US Utility Acquires First Wind Farm
400MW facility in Missouri is first of two planned investments
Net Zero Emission
Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US
The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs…
Energy Transition
IRENA and AfDB to Support Investments in African Low Carbon Energy Projects
The IRENA and the AfDB have agreed to jointly scale up low carbon energy project investments and advance energy transition in Africa.
Energy Investment
Volvo Cars to Invest 700 million SEK in E-Motor Production at Skovde Plant
The decision comes after Volvo earlier this year said it would make big investments in design and development of e-motors for its next generation models.
LNG
Qatar Set To Significantly Boost Energy Investments In India
Major energy importer India and one of the world’s top liquefied natural gas exporters, Qatar, agreed on Tuesday to create a special task force to explore and …
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