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Energy Investment
£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
Cooperation case
02-12-2020
Xi Calls for Advancement of All-Round Cooperation with ASEAN
Chinese President Xi Jinping on Friday said that China will work with the ASEAN to advance all-round cooperation and maintain good momentum for development and prosperity in the region.
Energy Investment
02-12-2020
European Union Increases Funding for Renewables Growth in Nigeria
The European Union has added €10 million in funding for the Climate Investor One financing facility.
Offshore Wind Power
01-12-2020
Japan Launches First Fixed Bottom Offshore Wind Auction
The government of Japan has launched its first-ever auction for fixed bottom offshore wind projects within the country’s General Common Sea Area.
Energy Investment
01-12-2020
Hong Kong Group Sets up Asia Clean Power Fund
Hong Kong-based investment manager ADM Capital has received a US$100m seed funding commitment from the Asian Infrastructure Investment Bank to launch a new Asia-focused debt fund dedicated to renewable energy.
Solar Company
30-11-2020
JinkoSolar to Sell Interest in Sweihan Solar to Jinko Power HK
A subsidiary of Chinese photovoltaic manufacturer JinkoSolar Holding has signed an agreement to sell its 50% stake in Sweihan Solar to Jinko Power HK.
Energy Infrastructure
30-11-2020
Australia’s Government Invests AU$125m Towards Grid Infrastructure for Snowy 2.0 Pumped Hydro
The Australian government-backed Clean Energy Finance Corporation has committed AU$125 million to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
30-11-2020
Petronas Posts Nine-Months Loss
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
Energy Investment
29-11-2020
Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
India
28-11-2020
India’s Renewable Power Capacity is the Fourth Largest in the World, Says PM Modi
He added that by 2022, the share of renewable capacity will increase to over 220 GW
China
28-11-2020
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Hydrogen Project
28-11-2020
Mitsubishi to Invest in Green Hydrogen, Green Ammonia in Australia
Green hydrogen and green ammonia are the next-generation clean energy which produce no carbon emissions either in the production or combustion stages.
27-11-2020
Doosan Heavy Becomes Largest Shareholder of Doosan Fuel Cell
Doosan Fuel Cell shareholders, including group Chairman Park Jeong-won, seeded a 23 percent stake in Doosan Fuel Cell to Doosan Heavy Industries & Construction to improve the latter company's financial structure.
Offshore Wind Power
27-11-2020
Equinor and Partner Reach Financial Close on World’s Biggest Offshore Wind Farm
Dogger Bank wind farm owners, Equinor and SSE, have today announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally.
RCEP
26-11-2020
RCEP Reaffirms Shift in World’s Economic Power Center
Trade is a natural extension of not being self-sufficient, and specialization through trade enhances the efficient production of goods and services that people need.
Smart Energy
26-11-2020
Shanghai Electric and Siemens Energy to Establish Smart Energy Empowerment Center
The cooperation aims to build a smart energy empowerment center that can serve domestic and global energy industries.
Energy Investment
25-11-2020
Enel to Invest 160 bln Euros by 2030 in Clean Energy Drive
ENEL-PLAN/ (UPDATE 1)UPDATE 1-Enel to invest 160 bln euros by 2030 in clean energy drive.
Oil Field
24-11-2020
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is subject to obtaining certain regulatory approvals.
24-11-2020
BP Sells London HQ for Nearly $332 Million
Following reports that BP is preparing to sell its London headquarters, the oil major has now entered into an agreement for the sale of the HQ for £250.
Chile
23-11-2020
China State Grid Further Inroads into Chile’s Electricity Distribution Sector
Spanish energy company Naturgy’s 96.04% stake in CGE will cost State Grid €2.57 billion payable in cash once the transaction is completed, which is expected before the end of February 2021.
China
20-11-2020
Full Text: Keynote Speech by Chinese President Xi Jinping at APEC CEO Dialogues
Chinese President Xi Jinping on Thursday delivered a keynote speech via video at the APEC CEO Dialogues
Mexico
20-11-2020
China's SPIC Buys Mexican Renewable Power Firm Zuma Energia
China's SPIC has completed its purchase of Mexico's largest independent renewable power company Zuma Energia, SPIC said on Thursday, furthering goals to increase its overseas and green generation capacity.
Electric Vehicle Charging
20-11-2020
Total Completes Acquisition of 2k EV Charging Stations in Germany
Global energy company Total has completed the acquisition of some 2,000 electric vehicle charging points in Germany.
RCEP
19-11-2020
Xi Touts China's Huge Economy as Base of Free Trade in APEC Speech
President Xi Jinping pegged China as the pivot point for global free trade Thursday, vowing to keep his "super-sized" economy open and warning against protectionism in a global economy eviscerated by the Covid-19 pandemic.
RCEP
19-11-2020
China-Japan-SK FTA to Speed up with RCEP Push
A higher level trilateral free trade agreement among China, Japan and South Korea is likely to be reached sooner than expected.
RCEP
19-11-2020
Regional Comprehensive Economic Partnership and India
The deal was introduced during the 19th Asean meet held in November 2011. The RCEP talks started during the 21st Asean Summit in Cambodia in 2012 and was signed on November 15, 2020.
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