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LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…
SMR
Canadian government invests in third SMR technology
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor.
Market Analysis
Goldman Sachs Invests in Hydrostor Energy Storage
Hydrostor Inc., a long-duration energy storage solution provider, has announced a preferred equity financing commitment of US$250 million from the Private Equit…
LNG
Jera Invests in Barossa Gas Field, Joins Darwin LNG Project
Japanese energy giant JERA will buy a 12.5 per cent stake in the Barossa gas field, thus participating in the Darwin LNG project in Australia.Courtesy of Santos
Energy Investment
Equinor Invests in Battery Storage Company
The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage.
Energy Investment
BMW Invests $100 Million In Spartanburg Facility
The company calls South Carolina its "second home".
Energy Investment
Chevron Invests in Australian Lower-Carbon Projects
The Australian unit of US oil major Chevron, the operator of the Gorgon LNG project, will invest $29 million investment in Western Australian lower-carbon proje…
Wind Farm
RWE Invests in 44 MW Wind Farm in France
By deciding to invest in the Les Nouvions onshore wind farm, RWE is further expanding its renewables portfolio in France.
Energy Investment
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Energy Investment
DOE Invests Nearly US$7 million to Put Coal Wastes to Work
This investment supports the development of new and safe uses for coal-wastes, which in turn will spur the creation of good-paying jobs in frontline communities…
Wind Power Project
RWE Invests in Wind Energy Operations Hub in the UK
RWE is to make a major strategic commitment to the UK’s east coast with the creation of a state-of-the-art operations hub at Grimsby’s Royal Dock, England.
Energy Investment
Mitsubishi Invests in Laos Wind Farm
The 600-megawatt wind power plant in Sekong and Attapeu provinces in southern Laos, a first for the country, will be developed by Hong Kong-based Impact Energy …
Energy Investment
DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access
The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-dur…
Battery Recycling
Ford Invests in Electric Vehicle Battery Recycling Company
The Dearborn, Michigan, automaker will invest in Redwood Materials, a Nevada-based company founded by former Tesla executive JB Straubel
Energy Investment
Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.
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