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Energy Economy
Tender/bid
Harmony Energy Income Trust Reaches Final Stage of Portfolio Sale
Energy Investment
23-12-2024
Amazon Invests in Wind Power in Greece
Amazon is investing in three new utility-scale wind farms in Greece, its largest renewable energy deal in the country to date. These wind farms will help match the company’s electricity use in the region with carbon-free energy while supporting
Tender/bid
19-12-2024
50Hertz Opens Environmental Consultancy Tender for Danish Part of Bornholm Energy Island Interconnection
Transmission system operator (TSO) 50Hertz has launched a tender for environmental engineering consultancy services for the interconnection between Denmark and Germany, part of Bornholm Energy Island in the Baltic Sea.The TSO is looking to contract an env
Energy Investment
18-12-2024
Cubico Reaches FID on 500MW Oz Wind
[Image: Cubico]Cubico Sustainable Investments has achieved financial close for the 252MW Wambo Stage 1 and 254MW Wambo Stage 2 wind farms in Queensland, Australia.The financial close secures two separate five-year project finance facilities totalling appr
Tender/bid
16-12-2024
German Onshore Wind Tender Awards 4GW
Image: RWEGermany’s Federal Network Agency has awarded 4GW of capacity in the latest onshore wind tender results.More than 6GW of bids were submitted to the oversubscribed tender on 1 November.The 4094MW of awarded capacity comprises 348 bids.&q
Tender/bid
14-12-2024
Australia Selects First Tender Projects
Image: SXCThe Australian government has selected 19 wind, solar and hybrid projects as part of this first national tender process, which opened in May.The projects included ACEN Australia's 936MW Valley of the Winds scheme in New South Wales and t
Tender/bid
13-12-2024
All Applicants Pre-qualified for Colombia’s First Offshore Wind Tender
All companies that submitted applications to participate in Colombia’s first offshore wind tender have been pre-qualified, meeting legal, financial, and technical requirements.The announcement was made on 9 December by Colombia’s Natio
Energy Investment
11-12-2024
£30M Support Fuels JDR’s Growth Plans
Image: JDRJDR Cable Systems is set to expand its operations in the global floating wind sector after a UK Export Finance (UKEF) guarantee helped it secure £30 million in financing.The UK-based company supplies subsea power cables to offshore win
Energy Investment
11-12-2024
The Crown Estate Awards GBP 5 Million in First Supply Chain Accelerator Round
The Crown Estate has awarded nearly GBP 5 million in funding to 13 organisations across England, Wales, and Scotland in the first round of its Supply Chain Accelerator.According to The Crown Estate, the funding will help kick-start projects drawing down f
Energy Investment
10-12-2024
Swedfund and IFU Invest in Renewable Energy Development in Southern Africa
Swedfund and the Danish Investment Fund for Developing Countries, IFU, have partnered with Sturdee Energy to accelerate the expansion of renewable energy in Southern Africa, with a primary focus on South Africa, a country heavily reliant on coal-fired ele
Energy Investment
10-12-2024
China Expands Investments in Wind, Hydropower and Photovoltaic (PV) Energy Amid Global Economic Slowdown
In response to the global economic slowdown, China has stepped up its investments in green energy, with a new focus on solar PV, wind and hydropower developments. On December 6, 2024, the Chinese government announced that it would allocate an additional $
Energy Investment
09-12-2024
Scottish Government Triples Offshore Wind Investment in 2025/26 Budget
Shona Robison MSP, Cabinet Secretary for Finance, has announced in the draft Scottish Budget for 2025/26 that the Scottish Government will nearly triple its investment in offshore wind to £150 million next year. This increase underscores the gov
Energy Investment
09-12-2024
US Department of Energy Invests in Marine Energy and Offshore Wind Research at Universities
The U.S. Department of Energy (DOE) has announced an investment of more than $18 million to fund 27 research and development (R&D) projects aimed at advancing marine energy and offshore wind technologies.The selected projects, which involve 17 univers
Energy Investment
07-12-2024
Offshore Wind and Marine Energy Projects Get USD 18 Million Boost From US
The US Department of Energy (DOE) has allocated over USD 18 million for 27 research and development (R&D) projects to advance marine energy and offshore wind technologies.According to the US DOE, these initiatives, which will be undertaken across 17 u
Energy Investment
05-12-2024
Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy
Türkiye is making significant strides toward its 2053 net-zero carbon emissions goal by ramping up investments in energy storage systems according to Türkiye daily.The Energy Market Regulatory Authority (EMRA) approved a 35-gigawatt-hour
Tender/bid
03-12-2024
Petrobras Fires the Starting Gun on Bid Battle for Two New Brazil-Bound FPSOs
Brazil’s state-owned oil and gas giant Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil
Energy Investment
30-11-2024
Naturgy and the EIB Agree on a €1 Billion Loan to Invest in Solar Photovoltaic and Onshore Wind Energy Projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing one
Energy Investment
29-11-2024
Sulmara Secures £15M Cash Boost
Image: SulmaraBGF has made a £15m investment in Sulmara, an independent provider of survey and inspection services to the offshore wind and energy markets.BGF’s investment will support Sulmara’s continued growth trajectory, i
Energy Investment
28-11-2024
Venterra Secures £30M Funding Boost
Image: Zoltan Tasi/UnsplashGlobal offshore wind services business Venterra Group is set for growth following an uplift in UK Export Finance (UKEF) backed funding from HSBC UK.The bank has supported the UK-headquartered Venterra with a £30m perfo
Energy Investment
28-11-2024
Crown Estate Scotland Pours Funds Into Offshore Wind Research
Crown Estate Scotland has pledged £250 000 to support the Floating Offshore Wind Centre of Excellence, led by the Offshore Renewable Energy (ORE) Catapult. The funding will bolster the Environmental Interactions Strategic Programme (EISP), a mul
Energy Investment
27-11-2024
Rotterdam Energy Transition Fund Backs Value Group to Drive Development of CO2 Hub
Value Group, the Netherlands-based sustainability innovation company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rotterdam Energy Transition Fund (ETF-R), a €100 million investment fund of the City o
Energy Investment
26-11-2024
Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sect
Energy Investment
25-11-2024
Singapore Government to Invest Sgd$100 Million to Boost Growth in Offshore Energy Over the Next 5 Years
The Singapore Minister of State for the Ministry of Culture, Community and Youth & Ministry of Trade and Industry, Alvin Tan, has announced a new SGD$100 million support package for marine and offshore engineering companies, aimed at fostering growth
United States
25-11-2024
Argonne Leads $50M Sodium-Ion Innovation Push
The US Department of Energy (DOE) has awarded $50 million over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium. Led by DOE’s Argonne National Laboratory, the consortium includes DOE’s Brook
Energy Investment
25-11-2024
$111 Billion Investment on Petrobras’ Five-Year Agenda
Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision. While the first en
Tender/bid
23-11-2024
Ocean Winds Exits Utsira Nord Partnership
Image: PixabayOcean Winds has pulled out of a three-company consortium due to bid in Norway’s upcoming floating wind tender, the second company exit the partnership.The move has now left Norwegian state power group Statkraft without any bidding
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