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Portugal
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Smart Grid
Iberdrola and EIB Sign Loan Agreement for Spanish Electricity Infrastructure
The loan is intended to help improve the reliability, efficiency and security of Spain's renewable energy supply.
China
China Energy Engineering Group Merges with China Gezhouba Group
After the merger is completed, Gezhouba Group will terminate its listing.
Electricity Transmission
RBC Bearings to Acquire ABB’s Power Transmission Division for $2.9bn
The transaction is intended to create a manufacturer of performance-critical bearings and motion control components.
Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Energy Investment
IVORY COAST: EAIF Lends €25m for the Singrobo Hydroelectric Dam
The funding is for the construction of the Singrobo hydroelectric dam in southern Ivory Coast.
Energy Investment
Singapore's GIC invests $240 mln in Arctic Green Energy
Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm's expansion in Asia and Europe.
Rosatom
Cooperation Agreement was Signed Between Rosatom State Atomic Energy Corporation and DP World Corporation
Which took place in St. Petersburg, a Cooperation Agreement was signed between Rosatom State Atomic Energy Corporation and DP World Corporation, a global leader…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
CCS
UK’s Carbon Capture Plan Carries A Hefty Price Tag
The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade …
Coal Mine
Cokal Executes Funding Agreement for BBM Coking Coal Project
The binding capital participation agreement is for the provision of US$20 million in funding and has been entered into with International Commodity Trade Pte Lt…
Emissions Trading System
Sinopec Completes the First Bulk Agreement Transaction in China's Carbon Market
Sinopec successfully completed the first major agreement transaction in the national carbon market, buying 100,000 tons of national carbon market carbon allowan…
Wind Farm
Cubico Completes Greek Wind Farm Purchase
It has acquired the owner of two operational onshore sites from Enora
South Africa
ArcVera Renewables’ New Permanent Office in Cape Town Strengthens Pperations in Southern Africa
This move underpins South Africa’s growing importance as a strategic market for ArcVera Renewables.
Wind Turbine
GRI Renewable Industries and Hempel Strike Strategic Partnership
GRI Renewable Industries, a manufacturer of towers and flanges for the wind sector, and Hempel, a supplier of coating solutions, are teaming up in a strategic p…
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