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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
Wind Farm
23-02-2021
BayWa r.e. Acquires Onshore Wind Farm in the UK
BayWa r.e. increases its onshore wind pipeline in the UK with the acquisition of the High Constellation wind farm from Blue Energy.
Electric Car
22-02-2021
Matter Bets on Indian EV Market, Targets USD 1 bn Turnover by 2025
Bullish on the growth of electric vehicles market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion by 2025, according to a top company official.
Hydrogen Project
22-02-2021
The Texas Cold Blast Was A Warning To Hydrogen Investors
The Texas storm has exposed an energy grid ill-prepared for climate change, with electric grid regulators now saying that the United States needs to rapidly develop vast supplies of power storage--including giant batteries and hydrogen storage.
Energy Security
19-02-2021
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar segment due to abnormal pricing conditions
Energy Security
19-02-2021
Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm
The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including higher energy prices and the suspension of a spiralling energy price cap.
Energy Investment
15-02-2021
UK Outfits Secure £1.3m in Offshore Wind Funding
Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine
Energy Investment
13-02-2021
OX2 Acquires 400MW Wind Power Project in Finland from YIT
Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.
Energy Storage Project
10-02-2021
AFRICA: Highview Power Raises $70m for Renewable Energy Storage
Highview Power, a company specialising in electricity storage, has just raised 70 million dollars to distribute its solutions in Africa.
Nuclear Power Plant
09-02-2021
Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call with analysts on 5 February to discuss its fourth-quarter financial results.
United States
09-02-2021
US Renewables Trade Group Formally Launches
American Clean Power Association unveils new website and adverts showcasing the sector
Energy Investment
08-02-2021
CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen technologies.
Thermal Coal
05-02-2021
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Energy Investment
05-02-2021
Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.
United Kingdom
03-02-2021
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sharply lowering its long-term energy prices.
Gas power plant
03-02-2021
Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC
SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.
Oil Field
02-02-2021
Petrobras Inks Deals for Sale of Shallow-Water Fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
Power Construction
02-02-2021
Sierra Leone Secures $50m Grant to Boost Access to Electricity
The World Bank board of executive directors has approved a $50 million grant from the International Development Association to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector.
Offshore Wind Power
01-02-2021
Northland Power to Buy into 1,2GW Offshore Wind Farm Project in Poland
Northland Power has entered into an agreement with Poland’s PKN ORLEN to acquire a 49% interest in the Baltic Power offshore wind project in the Baltic Sea with a total capacity of up to 1,200 megawatts (MW) of offshore wind generation.
South Africa
30-01-2021
SOUTH AFRICA: Three Rounds of Tendering for 6.8 GW of Renewable Energy
The South African government is about to launch three qualification cycles for the production of 6,800 MW of renewable energy in the country.
Wind Farm
29-01-2021
Financing Confirmed for Brazilian Wind Farms
In the north-eastern Brazilian state of Pernambuco, one of the poorest regions in the country, European Energy is about to build three new wind farms of 94 MW in total.
28-01-2021
General Electric Upbeat on 2021 after Profitable 2020
In the fourth quarter, GE reported $2.4 billion in profits, more than four times the level in the year-ago period, reflecting the benefits of cost-cutting initiatives
Croatia
28-01-2021
Croatian Firm Končar Celebrates 100 Years
Croatian electrical, transport and energy company KONČAR has just turned 100 years old.
Hydrogen Fuel Cell
27-01-2021
Transactions of Fuel Cell Energy Surge with Growing Hydrogen Economy
Last year’s transactions of fuel cell electricity showed a dramatic increase over 2019, driven by the expansion of the hydrogen economy.
Solar Company
27-01-2021
Samsung SDI to Withdraw from Solar Energy Business in China
Samsung SDI will completely pull out of the solar energy material business where China has solidified its leadership.
Electric Vehicle Charging
27-01-2021
Shell to Acquire UK's Largest Electric Vehicle Charging Network
The deal for the company that has over 2,700 on-street charge points in the country is expected to be completed late this year
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