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Texas to Raise Energy Prices and Suspend Price Cap Amid Winter Storm
The Electric Reliability Council of Texas has announced sweeping changes to the state’s energy pricing structure amid the ongoing winter storm, including highe…
Energy Investment
UK Outfits Secure £1.3m in Offshore Wind Funding
Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine
Energy Investment
OX2 Acquires 400MW Wind Power Project in Finland from YIT
Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.
Energy Storage Project
AFRICA: Highview Power Raises $70m for Renewable Energy Storage
Highview Power, a company specialising in electricity storage, has just raised 70 million dollars to distribute its solutions in Africa.
Nuclear Power Plant
Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …
United States
US Renewables Trade Group Formally Launches
American Clean Power Association unveils new website and adverts showcasing the sector
Energy Investment
CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…
Thermal Coal
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Energy Investment
Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.
United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Gas power plant
Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC
SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.
Oil Field
Petrobras Inks Deals for Sale of Shallow-Water Fields
Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil.
Power Construction
Sierra Leone Secures $50m Grant to Boost Access to Electricity
The World Bank board of executive directors has approved a $50 million grant from the International Development Association to improve access to electricity in …
Offshore Wind Power
Northland Power to Buy into 1,2GW Offshore Wind Farm Project in Poland
Northland Power has entered into an agreement with Poland’s PKN ORLEN to acquire a 49% interest in the Baltic Power offshore wind project in the Baltic Sea wit…
South Africa
SOUTH AFRICA: Three Rounds of Tendering for 6.8 GW of Renewable Energy
The South African government is about to launch three qualification cycles for the production of 6,800 MW of renewable energy in the country.
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