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Saudi Arabian Solar: How the State has Invested in Overseas Solar Projects
ACWA Power has invested in some of the world’s largest solar projects, including the Redstone facility and the Kom Ombo plant.
Solar Company
Heliogen to Become Publicly Traded in Athena Technology Merger
Once the merger deal with Heliogen is completed, Athena is expected to be renamed Heliogen.
Oil Refinery
Shell Announces Sale of Schwedt Refinery Stake
Shell has agreed to sell its 37.5pc stake in the 208,000 b/d Schwedt refinery in northeast Germany to Austria-based firm Alcmene for an undisclosed sum as part …
Electric Car
South Korea’s Battery Exports to the United States on the Increase
The United States is increasing its electric vehicle battery imports at a rapid pace, as the supply from U.S. electric vehicle battery manufacturers is still in…
Energy Storage Project
GLIL Invests £150m in UK Utility, Energy Storage Infrastructure Firm
GLIL Infrastructure, the fund backed by a number of UK local government pension schemes, has invested £150m in specialist utility and energy storage infrastruc…
Energy Storage Battery
Eos Energy Enterprises Gets $100M Investment from Koch
A next-generation zinc battery manufacturer whose factory is in Pittsburgh has received a $100 million investment from a Koch Investments Group subsidiary to he…
LNG
Mexico to Create State-Owned LPG Company
Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector, …
Floating Offshore Wind
Belgium’s Parkwind Secures Funding for German Floating Wind Farm
Belgium-based green energy company Parkwind has secured funding from multiple financial institutions to implement its first renewable energy project outside Bel…
Oil Refinery
Iraq Closes on New Chinese Refinery Investment Deal
Iraq is nearing agreement on a new downstream investment deal with a group of Chinese state-owned companies for the construction of a new 100,000 b/d refinery, …
Hitachi ABB Power Grids is Evolving to Become Hitachi Energy
Hitachi ABB Power Grids announced that it will be evolving to become Hitachi Energy from October 2021.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Energy Storage Battery
Conrad Energy Completes Strategic 44MW Battery Storage Asset Acquisition
The battery asset will provide immediate revenue for Conrad Energy and the company anticipates making further targeted acquisitions and placing equipment orders…
Oil Field
Argentine Energy Firm CGC Buys Local Unit of China's Sinopec
The Chinese-owned unit operates over 20 oilfields in the San Jorge and Cuyo Basins in Argentina with assets covering some 4,600 square kilometers.
Energy Investment
India’s NTPC to Expand Generation Capacity with $13.4bn Investment
NTPC, one of the largest power generation companies in India has announced plans to expand its renewable energy capacity to meet growing energy demand and susta…
United Kingdom
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to…
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