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Market Analysis
Goldman Sachs Invests in Hydrostor Energy Storage
Hydrostor Inc., a long-duration energy storage solution provider, has announced a preferred equity financing commitment of US$250 million from the Private Equit…
RCEP
Japan Faces Dilemma of Standing with RCEP Stipulations
Economic ties between Japan and China face a test as Japan is being instigated by the US to curb technology exports to China.
Egypt
Egypt Makes Great Strides Toward Green Economy
Egypt has made great strides in implementing its national strategy on green economy and is expanding its investments to carry out eco-friendly projects to impro…
Market Analysis
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal…
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Wind Energy Technology
BW Ideol Signs Investment Agreement for Offshore Floating Wind Projects
The floating wind projects will be equipped with BW Ideol’s patented damping pool technology.
Offshore Wind Power
NY Plans $500m Offshore Wind Supply Chain Spend
Governor Kathy Hochul pledges port investment and new 6GW grid
Solar Power Plant
MOZAMBIQUE: Globeleq Closes Financing for Its Cuamba Solar Power Plant
UK-based independent power producer Globeleq has announced the financial close of its Cuamba solar project in Mozambique.
Energy Storage Technology
RNESL to Acquire UK’s Battery Technology Firm Faradion
RNESL has also agreed to invest $33m in Faradion as growth capital to expedite commercial roll out.
RCEP
RCEP Set in Motion, Giving a Shot in Arm to Global Economy
The Regional Comprehensive Economic Partnership, taking effect on Saturday, shines rays of hope through the dark clouds of unilateralism and protectionism.
EU
Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments
The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment.
Energy Storage Battery
Eolus Sells 120MW US Battery
The Swedish developer has secured a deal with Aypa Power for the Cald storage project in Los Angeles
Energy Investment
Iran to Add 10GW to Renewable Energy Capacity
Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding on Sunday for cooperation in the construction of rene…
RCEP
RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond
The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022
Energy Security
Chinese Energy Firm’s Projects in Iraq Operate ‘Normally’ After Attack
China's ZPEC said on Wednesday that all of the company's projects in Iraq are operating normally, and the attack would not affect the normal construction and op…
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