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Energy Investment
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
Energy Investment
GIG, TotalEnergies and RIDG to Participate in ScotWind Leasing Round
A consortium of Macquarie’s Green Investment Group 9GIG), TotalEnergies and Scottish developer RIDG has announced a bid for an offshore wind project west of th…
Wind Power Project
Statkraft Sells Andershaw Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purc…
Electric Vehicle Battery
China’s Evergrande Auto Cancels EV Listing on Exchange
China's key property developer Evergrande has abandoned plans to list its electric vehicle business on the Shanghai Stock Exchange because of a liquidity crisis…
Wind Power Project
RWE Invests in Wind Energy Operations Hub in the UK
RWE is to make a major strategic commitment to the UK’s east coast with the creation of a state-of-the-art operations hub at Grimsby’s Royal Dock, England.
China
China’s New Green Bond Issues to Reach $928m in 2021
Carbon emission reductions and carbon neutrality are among the hottest topics in the world. A total of five sub-forums at the 2021 Zhongguancun Forum, held from…
Energy Investment
Mitsubishi Invests in Laos Wind Farm
The 600-megawatt wind power plant in Sekong and Attapeu provinces in southern Laos, a first for the country, will be developed by Hong Kong-based Impact Energy …
EU
EU Magnesium Prices Surge by 80pc on China Cuts
European magnesium prices surged by 80pc yesterday amid supply cuts in China and depleted European stocks, leaving key end-users in the aluminium and titanium s…
China
China’s Silicon Export Prices up 60pc with Energy Curbs
Export prices were assessed at $8,500-8,550/t fob, up from $5,120-5,150/t fob over the same period.
China
China Establishes Electricity Equipment Giant Through Merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …
Energy Investment
DOE Invests $27 Million in Battery Storage Technology and to Increase Storage Access
The U.S. DOE today announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow battery and long-dur…
Hydropower Plant
Hydro Plants Refinanced in Colombia
Holland & Knight has announced it advised Bancolombia S.A. as the lender in a refinancing of five hydroelectric power plants operated by Grupo LAREIF.
United Kingdom
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…
Energy Storage Battery
Dominion Acquires 20MW Virginia Battery
East Point Energy sells Dry Bridge project which will come online next year
Thermal Plant
Siemens Energy Bags Seal for Waste-to-Energy Plant in UAE
Siemens Energy will primarily supply electrical house substations to deliver distributed power to the entire process plant, which will be in continuous operatio…
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