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Construction Begins on £9M Green Energy Hub in Aberdeen
Energy Investment
21-11-2024
Ofgem Proposes £8BN Fund to Accelerate Clean Energy Projects
Ofgem is consulting on a new investment fund worth up to £8 billion to help Britain’s energy transmission owners speed up clean energy projects and cut costsOfgem has unveiled plans for a multi-billion-pound fund to accelerate Britain&
Energy Investment
20-11-2024
U.S. DOE Invests Nearly US$15 Million to Enhance Hydropower’s Ability to Support Electricity Grids
The U.S. Department of Energy (DOE) has announced nearly US$15 million for nine research and development projects to increase hydropower's ability to respond to changing demand on the electric grid. This ability to operate flexibly allows hydropow
Energy Investment
19-11-2024
Masdar and SOCAR Green Achieve Financial Close for Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445 MW Bilasuvar and 315 MW N
Energy Investment
16-11-2024
Octopus Exceeds $2bn Offshore Wind Investment in Just Two Years
Octopus Energy has surpassed $2 billion in offshore wind investments in two years, aiming to accelerate global offshore wind developmentsOctopus Energy has announced that its generation arm has surpassed $2 billion (£1.5bn) in offshore wind inve
Energy Investment
16-11-2024
DOE Awarding $20.2M to 10 Projects to Advance Development of Mixed Algae for Biofuels and Bioproducts
The US Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced $20.2 million in funding for 10 university and industry projects to advance mixed algae development for low-car
Energy Investment
16-11-2024
DOE Awarding $4M to 10 Projects to Support High-Performance Computing in Manufacturing
The US Department of Energy (DOE) is awarding $4 million to projects across 8 states that will harness the processing power of the world’s most powerful supercomputers and the lab experts who operate them to tackle today’s toughest man
Energy Investment
15-11-2024
The EU Wind Power Gets €5 Billion EIB Investment Support
The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG in Germany a €500 million counter-guarantee. Deutsche Bank will be able to set up a
Energy Investment
15-11-2024
Capital Dynamics Selected for UK Energy Investment
Capital Dynamics, an independent global private asset management firm, has announced that Border to Coast Pensions Partnership (Border to Coast), the largest Local Government Pension Scheme (LGPS) pool, has committed £48.5 million to Capital Dyn
Energy Investment
15-11-2024
Gazelle Wind Power Raises €11.4 Million
Gazelle Wind Power, a developer of a next-generation floating offshore wind platform technology, has secured a €11.4 million funding round led by Indico Capital Partners, a premier investor in ocean related sustainable technologies. Other investo
United States
06-11-2024
Copper Drops as Dollar Strengthens on Trump Lead in US Election
Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North Carolina for Trump, and he leads in Georgia and holds a more tentative edge across Wisconsin,
Energy Investment
11-10-2024
Form Energy Raises $405 Million for Its Multi-Day Iron-Air Batteries
Image: Form EnergyForm Energy is looking to accelerate the expansion of its 100-hour iron-air battery system manufacturing in the US on the back of a $405 million Series F financing round.Announcing the major funding milestone on Wednesday, the company sa
Electricity Trade
11-10-2024
Big Tech Proposes Power-rate Terms in Ohio Data-Center Fight
Microsoft (MSFT.O) ，Alphabet (GOOGL.O), Meta (META.O) ，Amazon (AMZN.O)along with other companies, have proposed an alternative framework for how data centers pay for power in Ohio, according to documents filed with regulators on Thursday.A 3D printed Face
Energy Investment
09-10-2024
Tagenergy, Harmony Energy Begin Construction of 49MW/98MWh BESS Project in Scotland
Image: TagEnergy.New BESS project in Scotland set to utilise Tesla Megapack lithium-ion batteries.TagEnergy and Harmony Energy have confirmed construction has started on a 49MW/98MWh standalone battery energy storage system (BESS) situated near Abernethy,
Energy Investment
09-10-2024
Nextpower UK ESG Completes Second Close at 97% of Target
Image: NextEnergy Capital.The second close at £487 million comes only three months after the first close in August.NextEnergy Capital (NEC) has reported the second close of NextPower UK ESG (NPUK ESG) at £487 million – 97% of
Energy Investment
09-10-2024
CIP Makes FID on 220MW BESS Project in Chile
The BESS facility will transfer surplus solar energy produced during the day to provide renewable power during the night. Credit: r.classen / Shutterstock.Copenhagen Infrastructure Partners (CIP) has made a final investment decision (FID) on a 220MW batte
Energy Investment
09-10-2024
Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving the facility the world's largest production capacity for soy oil-based biofuel.The
Energy Investment
09-10-2024
Woodside Completes $1.2 Bln Tellurian Acquisition
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsWoodside Energy (WDS.AX)said on Wednesday it has com
Oil & Gas Trade
08-10-2024
Exclusive: BP Abandons Goal to Cut Oil Output, Resets Strategy
Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsBP (BP.L), opens new tab has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back
Energy Investment
08-10-2024
Chevron to Sell Assets for $6.5 Bln to Canadian Natural Resources
A Chevron gas station sign is shown in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo/File Photo Purchase Licensing RightsChevron (CVX.N), opens new tab is selling its assets in the Athabasca oil sands and Duvernay shale form
Energy Transition
30-09-2024
Britain to Become First G7 Country to End Coal Power as Last Plant Closes
A drone view of Ratcliffe-on-Soar Power Station in Ratcliffe-on-Soar, Nottinghamshire, Britain September 26, 2024. REUTERS/Molly Darlington/File Photo Purchase Licensing RightsBritain will become the first G7 country to end coal-fired power production on
Energy Investment
26-09-2024
Masdar to Acquire Saeta Yield From Brookfield Renewable for $1.4bn
Dr Sultan Al Jaber, United Arab Emirates Minister of Industry and Advanced Technology, chairman of Masdar and COP28 President, and Brookfield chair and Transition Investing head Mark Carney meet on the sidelines of the United Nations General Assembly. Cre
Hydropower Plant
26-09-2024
French Power Group EDF Says Strike Expected Early Next Week
French power group EDF flagged possible strike action by some of its workers from the evening of Sept. 30 to Oct. 1, when the hardline CGT union will be organising a cross-sector action day with demonstrations and walkouts.A CGT representative at the comp
Energy Investment
26-09-2024
Trinidad Selects Shell as Preferred Bidder for Shallow Water Block, Sources Say
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsTrinidad and Tobago selected oil and gas producer Shell (SHEL.L), opens new tab as the preferred bidder for
Energy Investment
26-09-2024
Natural Gas Producer BKV Raises $270 Million in US IPO
Natural gas producer BKV Corp said on Wednesday it had raised $270 million in its U.S. initial public offering.The company priced its offering of 15 million shares at $18 apiece, below its targeted range of $19 to $21.The U.S. IPO market, which traditiona
Energy Investment
02-07-2024
China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
Chinese President Xi Jinping pays another visit to Kazakhstan on July 2-4 to attend the Shanghai Cooperation Organization Summit, providing new impetus for the development of bilateral relations.Since the establishment of diplomatic ties in 1992, China-Ka
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Most views from Energy Economy
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China's Investment into BRI Countries Expands in Jan.-May
2
PSEG Completes 25% Acquisition of Ocean Wind
3
China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
4
Tagenergy, Harmony Energy Begin Construction of 49MW/98MWh BESS Project in Scotland
5
Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
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Copper Drops as Dollar Strengthens on Trump Lead in US Election
