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Austria
Austrian Utility OMV Sells Gas Pipeline Unit to Verbund
Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and …
Air Products China President Saw Choon Seong Appointed Chongqing Mayor’s International Economic Advisor
Appointment Reinforces Company’s Commitment to Southwestern China’s Inland Megacity.
Hydropower Plant
JLEN Acquires Hydropower Facilities
Environmental infrastructure fund JLEN has acquired two operational hydro projects as part of a £4.74 million acquisition of Northern Hydropower Holdings Limit…
China
China's CATL to Invest in Canada’s Neo Lithium
Chinese battery manufacturer Contemporary Amparex Technology will pay C$8.5mn to acquire an 8pc equity stake in Canada-based lithium brine explorer Neo Lithium.
Spain
Iberdrola Acquires Japan’s Acacia Renewables with Development Deal
Spanish electric utility company Iberdrola has agreed to buy out Japan’s green energy supplier Acacia Renewables.
US DoE Announces $1.5m in Funding for Carbon Capture Project with Total
The US Department of Energy has announced additional funding for a carbon capture technology research and development project with Total.
United Kingdom
British Gas Ranked Number One by UK Business Energy
Utilities giant British Gas has come out on top in a new study on the performance of UK energy suppliers to the commercial market.
United States
The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050
Utility net-zero carbon pledges are piling up, even if the companies are a long way from kicking their fossil fuel habits.
Energy Investment
Lundin Makes $357,000 Investment in Swedish Wave Energy Start-Up
Non-profit investment company Lundin Foundation has invested $357,000 in wave energy foundation Ocean Harvesting Technologies.
How Bad Relations With China Could Mess With the Energy Transition
Increasingly strained relations between China and the West are spilling into the clean power sector.
Australia
Western Australia Pumps $22m Into Hydrogen Action Plan
Western Australia is positioning hydrogen as one of the industries to build its recovery and innovation into the future.
Hydrogen Fuel Cell
France’s EODev Secures €20m to Commercialise Hydrogen Technology
French-based company Energy Observer Developments has closed €20 million in funding to accelerate the industrialisation and commercialisation of its hydrogen s…
Thermal Plant
L&T-Owned 1,400 MW Nabha Power Plant Wins Twin Awards at CII Energy Efficiency Summit 2020
Nabha Power, a wholly owned subsidiary of L&T Power Development, won two prestigious awards at the 21st National Award Ceremony for Excellence in Energy Managem…
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Energy Technology
EU Energy Tech Incubator Opens US Office
European sustainable energy technology incubator EIT InnoEnergy has expanded into the US, opening an office in Boston.
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