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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions

Energy Investment

£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions

RCEP
24-05-2021

Media, Think Tanks Set to Boost RCEP Exchanges
The Regional Comprehensive Economic Partnership agreement will help its participating countries forge more open economic relationships and improve trade liberalization, officials and experts said.
Coal-Fired Power Plants
24-05-2021

G7 Countries Agree to Stop International Funding for Coal-Fired Power
Coal is considered unabated when it is burned for power or heat without using technology to capture the resulting emissions, a system not yet widely used in power generation.
Hydrogen Project
22-05-2021

Air Liquide to Refinance Hydrogen Projects with Launch of €500m Green Bond Issue
Air Liquide has launched its first green bond issue, raising €500m, that will be dedicated to financing and refinancing the development of several sustainable projects such as hydrogen.
Energy Investment
21-05-2021

Spain, Among the 10 Most Attractive Countries for Investment in Wind Energy
The United States and China hold the first and second place, respectively, followed by India.
Zimbabwe
21-05-2021

Zimbabwean Energy Minister Says 40 pct of Fuel Should be Priced in Local Currency
Zimbabwe's energy minister Soda Zhemu has said 40 percent of its fuel should be sold in local currency.
Oil Field
19-05-2021

BP in Talks to Sell 28% Stake in UK North Sea Field
The company had agreed last year to sell the Shearwater and Andrew projects to Premier Oil but the deal fell through
Solar Company
19-05-2021

Deloitte Resigns as GCL-Poly Auditor Over Project Prepayment Vagueness
Deloitte Touche Tohmatsu is no longer the auditor of GCL-Poly Energy Holdings Ltd as the two were unable to reach a consensus on the scope of an independent forensic investigation into a previously made prepayment for a now terminated project.
Wind Power Project
17-05-2021

Trungnam Group Sells Stake in Wind Power Plant
The Trungnam Group has sold a 35.1 percent stake in its central Vietnam wind power plant to Japanese energy investor Hitachi Sustainable Energy
14-05-2021

Tesla Stops Accepting Bitcoin As Payment
Less than two months after Tesla’s Elon Musk said the company will be accepting bitcoin as payment for EVs, the company’s CEO did a U-turn, tweeting that Tesla will no longer accept the cryptocurrency because of its carbon footprint.
Power Construction
14-05-2021

Two Major Grids' Profits See High-Voltage Rebound
Profits at China's two major power grid operators have witnessed a sharp rebound during the first quarter, thanks to the domestic economic recovery, and the trend is expected to continue throughout this year, said analysts.
Carbon Neutral
14-05-2021

Eni to Splash €5.7 bln by 2024 in Carbon-Neutrality Push
Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.
Thermal Coal
13-05-2021

China’s Coal Futures Hit Record As Exchange Tries to Cool Rally with Fee Hike
Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
Hydropower Plant
11-05-2021

Additional Investment Announced for Kivalliq Hydro-Fibre Link Project, Canada
Additional investment of around $3 million has been approved to support the potential development of a hydroelectric and fibre-optic link that would connect communities in the Kivalliq region of Nunavut to Northern Manitoba, Canada.
LNG
11-05-2021

MIC Approves $2.5bn Investment for Myanmar Power Plant
MIC announced the investment at a meeting chaired by State Administration Council member and MIC chairman, Lieutenant–General Moe Myint Tun, along with other members of MIC.
Energy Investment
11-05-2021

The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
United Arab Emirates
10-05-2021

First Green Mortgages Issued in UAE Through HSBC Bank
Climate change has become a global pressing issue and governments and private entities are racing to find new ways to incentivise green investment
United Arab Emirates
10-05-2021

Dana Gas Year on Year Profits Leap 41pc in Q1
Abu Dhabi-listed Dana Gas reported net profits of $24mn in the first quarter of this year, up 41pc versus the corresponding quarter in 2020, as it boosted production from the Khor Mor gas field in the semi-autonomous Kurdistan region of northern Iraq.
09-05-2021

Siemens Energy Reports Moderate Drop in Q2 revenue
Siemens Energy has reported a decrease in revenue by 4.4%, down to €6.5bn, for the second quarter of 2021, compared to €6.78bn in the same quarter of last year.
Energy Investment
08-05-2021

UN Chief Urges Banks to Halt Fossil Fuel Infrastructure Financing
Banks should finance low-carbon climate-resilient projects, not big fossil fuel infrastructure that is not even cost-effective anymore, UN Secretary-General António Guterres’ said during a climate meeting this week.
United States
07-05-2021

Siemens Energy to Shut Olean Plant
Siemens Energy has announced plans to shut its plant in Olean, New York by June 2022
Oil Price
07-05-2021

Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average $60 per barrel.
Wind Power Project
07-05-2021

Bank of Ireland and EIB Co-Finance €100m Wind Energy Project
The European Investment Bank is partnering with the Bank of Ireland to co-finance a €100 million wind energy farm project.
Energy Investment
06-05-2021

Iraq to Invest $3bn Over Five Years in the Basrah Gas Company
Baghdad has also looked at forming other alliances regionally, to wean its dependence off Iranian gas
Wind Power Project
06-05-2021

JSW Renew Energy Signs Wind PPA in India
Indian power company JSW Energy’s subsidiary, JSW Renew Energy, has signed a 540MW power purchase agreement with the Solar Energy Corporation of India for blended wind power capacity.
05-05-2021

Total Acquires Interest in Yunlin Holding GmbH from wpd
Total has signed an agreement with wpd to acquire a 23% interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan, around 200 km southwest of Taipei.

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