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Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says
Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…
Power Construction
Fingrid's Main Grid Development Plan Provides for Increased Investments to Promote Finland's Competitiveness
Fingrid has updated its main grid development plan, with investments in the main grid rising from the previously estimated, slightly over three billion to four …
Hydrogen Production
The Hydrogen Stream: Europe Signs Deals with Chile, Argentina, Brazil
The European Commission has agreed to ramp up hydrogen sector investments in Chile, Argentina, and Brazil, while Norsk Hydro has successfully produced the world…
Hydrogen Production
Shell Commits $1 Billion to Hydrogen and CCS Investments
In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and stor…
Geothermal Power Plant
RFP – Geothermal Direct Use Investments in Menengai, Kenya
GDC has published an RFP for investments on direct use projects in the Menengai geothermal site in Kenya.
Hydrogen Production
Japan to Invest $107 Billion Over 15 Years for Hydrogen Fuel Supply
The country is pushing forward with massive investments into meeting the needs of its H2 economy.Japan has announced that over the next 15 years, it pans to inv…
Offshore Wind Power
OX2 Sells 27 MW Onshore Wind Farm in Italy
OX2 has signed a contract to sell a 27 MW onshore wind farm in Foggia, Italy, to Glennmont Partners, one of Europe’s largest fund managers focusing exclus…
Offshore Wind Power
OX2 and Ingka Investments Enter Conditional Agreement With Nkt for Delivery and Installation of Export Cables for Two Offshore Wind Farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona wi…
Hydrogen Project
The Hydrogen Stream: Norway, Finland Take the Lead in Europe
Plug Power has revealed plans to develop three green hydrogen production plants in Finland, while Statkraft is set to increase its investments in the German hyd…
Renewable Energy
Clean Energy Spending Grows, but Big Investments Continue in Coal and Other Fossil Fuels
The International Energy Agency (IEA) expects investment in clean energy technologies, including renewable power, nuclear, grids, storage, low-emission fuels, e…
Offshore Wind Power
Ingka Investments Acquires 49% Stake in Three Planned Offshore Wind Projects
Image: Ingka InvestmentsIngka Investments, the investment arm of Ingka Group, acquires a 49 percent share in three offshore wind development projects in Finland…
Wind Farm
GE Vernova Announces $50 Million Investment & ~200 Wind Manufacturing Jobs in New York
New US-based manufacturing assembly line for GE Vernova’s 6.1 MW onshore wind turbine / Hiring ~200 new manufacturing assembly employees in Schenectady, N…
Wind Turbine
GE Vernova Announces $50 Million Investment & ~200 Wind Manufacturing Jobs in New York
New US-based manufacturing assembly line for GE Vernova’s 6.1 MW onshore wind turbineHiring ~200 new manufacturing assembly employees in Schenectady, New …
Solar Power Plant
Masdar to develop over 2GW solar, wind projects in Uzbekistan
It will also build a 500MWh battery energy storage.Abu Dhabi-based Masdar signed a joint development agreement with Uzbekistan’s Ministry of Energy and Mi…
Hydrogen Fuel Vehicle
The Canadian Market Will Require Both EVs and Hydrogen Fuel Cell Cars
To hit its carbon emission reduction targets, the country will likely need more than one option.The Canadian federal government is making billions in investment…
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