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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
Wind Power Company
26-01-2021
IWEA Rebrands As Wind Energy Ireland
The Irish Wind Energy Association will now be known as Wind Energy Ireland.
Solar Power Plant
26-01-2021
Leeward to Buy 10-GW Project Platform from First Solar Tied to Panel Orders
First Solar Inc has struck a deal to sell a 10-GW utility-scale solar project platform to the development arm of US independent power producer Leeward Renewable Energy LLC.
Solar Power Plant
26-01-2021
Malaysian Power Company Buys BayWa r.e. Solar Farms
BayWa r.e. has announced the successful sale of two solar farms in Malaysia to a local renewable energy-focused independent power producer (IPP), reNIKOLA Sdn Bhd.
CCS
25-01-2021
Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology
Elon Musk will be giving a prize of US$100 million to the best carbon capture technology, the entrepreneur tweeted, adding that he would unveil details on this next week.
Israel
25-01-2021
Masdar And EDF Renewables Enter Strategic Alliance To Explore Renewable Energy Opportunities In Israel
Under the agreement, Masdar and EDF Renewables Israel, a wholly owned subsidiary established in 2010, will look to collaborate on existing renewable energy projects, and projects under development
Energy Investment
25-01-2021
China's CEIC, China Reform set up $1.55 bln New Energy Fund
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-owned Assets Supervision and Administration Commission said.
Switzerland
21-01-2021
Actis Chooses WinJi’s Software Platform to Maximize Asset Performance and Support Value Creation for Renewable Energy Projects
WinJi, a Swiss based company leading in artificial intelligence for renewable energy asset management and it’s innovative “True Power” platform...
Energy Investment
21-01-2021
Pattern Energy Secures $515m Financing Fund in Japan
US-based renewable developer Pattern Energy Group has secured a $515m financing fund to invest in Japanese renewable power projects.
20-01-2021
Total Raises €3bn to Fund Renewables Push
Total has issued perpetual subordinated bonds worth €3bn.
Hydrogen Project
19-01-2021
Hanwha Solutions Acquires Cimarron Composites
Hanwha Solutions has signed a deal to acquire a 100% stake in Cimarron Composites, as part of an effort to accelerate its expansion into the green hydrogen industry.
Energy Investment
19-01-2021
AIIB to Boost Financing for Green Projects
The Asian Infrastructure Investment Bank will increase financing for social infrastructure, green infrastructure and technology-enabled infrastructure, which have been identified by the multilateral development bank as key trends driving infrastructure.
RCEP
19-01-2021
RCEP to Take Effect by End of This Year
The Regional Comprehensive Economic Partnership agreement is expected to take effect by the end of this year, enabling more than one-third of China's foreign trade goods to enjoy zero tariffs in the next stage.
France
19-01-2021
Total Pays $2.5bn for 20% Stake in Adani Green Energy
French oil company Total has purchased a 20% minority stake in Indian renewables producer Adani Green Energy Ltd.
Energy Technology
18-01-2021
US$47m Funding from US Department of Energy for Disruptive Tech Mostly goes to Batteries, Smart Grid
The lion’s share of new funding announced this week to help scale-up potentially disruptive technologies by the Advanced Research Projects Agency - Energy of the US government Department of Energy will go to battery and smart grid technolog
United Kingdom
18-01-2021
Vestas Lay off 220 Employees in Denmark and Britain
Danish wind turbine manufacturer Vestas Wind Systems has announced it will lay off 220 employees in Denmark and Britain.
Oil Field
17-01-2021
Venezuela Proposes Deals Allowing Private Companies to Operate Oil Fields
Neither company responded to requests for comment, and neither did PDVSA nor Venezuela's oil ministry
China
15-01-2021
China and EU Together for a Better Tomorrow
On Dec 30, China and the European Union concluded the negotiations on the EU-China Comprehensive Agreement on Investment.
Clean Energy Transition
14-01-2021
COP26: Developed Nations Urged to Provide $100bn for Energy Transition
World energy leaders held a virtual COP26 Roundtable on Clean Power Transition to discuss the global transition to clean power as part of a green recovery and to identify actions that can be taken to support this.
Crude Oil
14-01-2021
Altrad Snaps up Contracts Worth £30m for Work at Major Oil Refinery
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
Electric Car
14-01-2021
Tesla Gains 5% on Launching in India
Tesla stocks rallied higher at the end of Tuesday’s trading session gaining as much as 5% as the stock settled at $849.
Energy Investment
14-01-2021
Resalta Sells Croatian Biomass Cogeneration Plant
The transaction is one of the largest foreign investments in the biomass renewables segment in Croatia.
China Belt and Road
13-01-2021
ANGOLA: Government Calls on China to Invest in Renewable Energies
The Angolan authorities recently launched an appeal to Chinese businessmen to increase their investment in the renewable energy sector.
Wind Turbine
13-01-2021
Siemens Gamesa to Close Two Turbine Manufacturing Plants in Spain
Wind turbine manufacturer Siemens Gamesa has announced plans to close its Somozas and Cuenca plants in Spain.
Energy Investment
12-01-2021
Globeleq Expanding into Nigerian Power Business
Independent power generation company Globeleq will take a 74% stake in Nigerian power business CPGNL Limited.
France
11-01-2021
Total to Keep up Renewables Energy Investments in 2021, Says CEO
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday.
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