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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
13-07-2022
CLP Group, CDPQ to Hold Equal Stake in Apraava Energy
CLP has sold a 10% stake in Apraava to CDPQ
13-07-2022
On-Site Energy Generation Could Wield Significant Savings for Companies
Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could help cut corporation energy bills and their carbon footprint.
Singapore
13-07-2022
Singapore Is 3RD Most Attractive Market for Energy Sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
Energy Storage Battery
13-07-2022
Equinor Acquires US Energy Storage Developer
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC.
13-07-2022
Shell Forecasts Trebling of Refining Profits
Energy major Shell announces indicative refining margin for Q2 of $28.04/bbl which is a sharp increase on $10.23/bbl in Q1.
08-07-2022
ACEN to Issue P30b Bonds to Fund RE Projects
Initial proceeds will fund the Arayat-Mexico Solar Power expansion project amongst others.
Nigeria
05-07-2022
Game Changing $1.3BN Funding for Nigerian Green Energy Project Launched
Image: PixabayUnder the Team Europe Initiative (TEI), the European Union (EU) has launched a $1.35 billion Nigerian Green Energy Project.The project is meant to stimulate a sustainable climate-smart agriculture and renewable energy and create jobs for eco
05-07-2022
US Developer Intersect Secures US$750 Million for Renewables, Energy Storage Pipeline
Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.
Electric Car
05-07-2022
Siemens and VW Take a Stake in Electrify America
On June 28, the Volkswagen Group and Siemens announced their support of the ambitious growth plans of Electrify America, LLC – the largest public ultra-fast charging network for electric vehicles from all vendors in North America.
Australia
05-07-2022
Australia, India Strengthen Clean Energy Deal
Australia and India on Monday agreed to a partnership to strengthen their co-operation in developing critical metal projects and supply chains.
01-07-2022
Shell to Take Over as Operator of Gulf of Mexico Field From Equinor
Equinor will retain 49% of its stake in the project, which has been renamed as the Sparta development
Energy Investment
30-06-2022
UK Invests £162M in Africa’s Energy Industry
British International Investment has partnered with Norway’s Norfund in a joint venture with Scatec to support the initiative, which will meet the power needs of more than three million people
30-06-2022
SSE Thermal and Equinor to Buy UK-Based Triton Power for £341M
Through this deal, the two companies aim to support the decarbonisation of the UK's power system.
South Korea
29-06-2022
South Korea, Saudi Eye Energy Cooperation
They discussed opportunities in the energy supply chain and hydrogen.
Philippines
29-06-2022
Solar Philippines Secures 70% Of Government’s RE Auction
It also won 91% of all solar capacity.
29-06-2022
World Energy Demand Jumped Above Pre-COVID Levels in 2021
BP Statistical Review of World Energy: primary energy in 2021 grew by its largest amount in history.
Oil Shale
29-06-2022
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources Inc for C$1.9 billion ($1.48 billion).
United Kingdom
29-06-2022
UK Automotive Manufacturers Face £90 Million Energy Cost Hike
Rising energy costs risk harming the UK automotive sector as manufacturers of vehicles and components face a £90m cost hike.
Electric Car
29-06-2022
UK Green Supply Chain Startup Circulor Raises $25MLN for Us Expansion
UK startup Circulor, which uses blockchain technology to map supply chains for companies pursuing greener, more sustainable production, said on Tuesday it had raised $25 million to fund expansion, primarily in the United States.
28-06-2022
Alpha Dhabi’s W Solar to Invest in 2,000MW Libyan Renewable Energy Project
The agreement will help Tripoli to diversify its energy mix and boost the overall economy
28-06-2022
Companies Call for Energy Rationing
EDF, TotalEnergies and ENGIE have said energy price hikes “threaten political and social cohesion”
26-06-2022
SG Kicks off Multilateral Cross-Border Trade of Renewable Energy
The renewable hydropower was imported from Lao PDR via Thailand and Malaysia.
Energy Investment
25-06-2022
IRENA, OPEC Fund Tie Up to Advance RE Investment
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) to further advance investment in renewable energy.
Energy Investment
24-06-2022
Record Global Energy Investment to Grow 8% To $2.4T in 2022: IEA
This is on the back of investment in renewables and grids.
India
23-06-2022
India’s RE Auction to Continue Attracting Large Developers
IEEFA said current challenges will not have long-term impact to India’s energy sector.
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