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Energy Economy
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Energy Economy
Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says
While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.
Energy Economy
Canadian Investment Firm to Acquire Emami Power in India
Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.
Energy Economy
America's DFC to Invest $350 Million in India
The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services
Solar
EIB to Support Development of 66 Solar PV Plants in Poland
The European Investment Bank has agreed to provide a loan to the Poland-based company Energy Solar Projekty for the construction and operation of 66 small-scale
Energy Economy
Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Energy Economy
Virus Sparks Record Drop in Energy Investment: IEA
The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.
Energy Economy
A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally
EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.
Energy Economy
Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
Energy Economy
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the
Energy Economy
Bangladesh Launches $218.7m Green Transformation Fund
Bangladesh has introduced a $218.7m Green Transformation Fund to provide soft loans to solar developers.
Energy Economy
KKR to Buy Five Solar Assets from SP Group for $200 Million
Ending months of negotiations, KKR has agreed to buy 5 solar assets of 317 MW from the cash strapped Shapoorji Pallonji Group for $200 million, said people in t
Energy Economy
BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
American investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III (GRP III) fund. The company
Solar
US DoE Announces Recipients of $128 Million in Solar Innovation Funding
Through the Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office, the DoE will fund 75 innovative research projects that will lo
Power Grid
EIB To Pledges 1bn Euros to Support Renewable Energy And Distribution Upgrades
The Board of the European Investment Bank (EIB) has agreed to provide 8.4bn euros of new financing, of which 1bn euros will support sustainable development acro
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
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BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
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Xinhua Headlines: Zooming Into Strength, Resilience and Potential of Chinese Economy
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Wall Street, Oil Slide as Investors Eye Rates, China Economy
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Annual Targets Within Reach as China's Economic Recovery Gains Momentum
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OPEC Chief Stresses Energy Cooperation With China