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Microgrid
All On, GEAPP Commit $15M for 350KW Mini-Grid in Nigeria
All On and the Global Energy Alliance For People and Planet (GEAPP) announced $15 million in investments on top of existing deployments to expand the Demand Agg…
Crude Oil
BP to Become Sole Owner of Lightsource BP
BP signed a deal to acquire the 50.03 percent ownership share in Lightsource BP that it does not already own.BP PLC has signed a deal to acquire the 50.03 perce…
Renewable Energy
Tripling Renewables by 2030 Is Feasible and Will Mobilise Investments of 2.2 Trillion Dollars per Year
The Executive Chairman of Iberdrola stresses that achieving the goal of tripling renewables will require investments of 2.2 billion euros per year and that regu…
Coal Production
India Opts for Coal Comfort in Meeting Power Demand
While India is urging investors, France, backed by the US, plans to seek a halt to private financing for coal-based power plants at the upcoming UN climate conf…
Offshore Wind Power
OX2 Sells Stake in Next Generation Swedish Offshore Wind Energy Portfolio to Ingka Investments
OX2 has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49 percent stake in next generation…
Oil & Gas Supply
Exclusive: Capital Power CEO Planning No Canadian Gas-Fired Plants Due to Trudeau's Regulations
Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity re…
Energy Investment
Global Financial Institutions Jump at Chance to Boost China Presence
Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…
Hydropower Plant
Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland
The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …
Offshore Wind Power
Ørsted Pulls Out of Norwegian Offshore Wind Partnership
Denmark’s Ørsted has decided to pull out of a Norwegian offshore wind partnership with Fred. Olsen Seawind and Hafslund.Ørsted have informed…
Cooperation case
China's Belt and Road Initiative Is Now Building More Renewables, Less Coal
Energy has always made up the majority of investments and construction deals signed through China’s Belt and Road Initiative (BRI). Until very recently th…
Energy Storage Project
DOE: The Private Sector Accounts for 89% Of Announced Us-Made Battery Investments
Announcements of private sector investments in US-made battery technologies have been increasing over the last few years, with 208 as of September 2023, accordi…
Carbon Emissions
Singapore's Sembcorp Industries Aims to Halve Emissions Intensity by 2028
Singapore's Sembcorp Industries (SCIL.SI) said on Monday it would invest about S$10.5 billion ($7.76 billion), about 75% of its total investments in 2024-20…
Electric Vehicle Battery
DOE: Manufacturers Have Announced Investments of > $500M in > 40 American-Made EV Charger Plants
Since 2021, manufacturers have announced more than $500 million in American-made electric vehicle (EV) charger investments, according to the US Department of En…
Solar Power Plant
Octopus Energy Invests in Irish and Portuguese Solar Companies
The investments will enable the creation of 250MW of new solar power by 2027. Image: Octopus Investments.The generation arm of energy supplier Octopus Energy ha…
Photovoltaic （PV）
Italy's Vexuvo to Invest 1.5 Billion Euros in Photovoltaic Sector
(This Oct. 5 story has been corrected to say that vexuvo investments are in the photovoltaic sector, not in solar panel sites, in the headline and paragraph 1)I…
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