Energy economy

Hydropower Plant
Research Identifies Need for Multi-Billion Dollar Investments in Asian Hydropower Modernisation
A study conducted by International Hydropower Association for the Asian Infrastructure Investment Bank has found that 66 hydropower stations across 19 countries…
Mitsubishi Hitachi Power Systems Announces Rebrand
Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries Group, has officially changed its corporate name from Mitsubishi Hitachi Power Systems.
Coal-Fired Power Plants
ADB Urged to Withdraw Financing New Coal-Fired Energy Projects
The Asian Development Bank has been urged to withdraw from financing new coal-fired energy projects by its Independent Evaluation.
Energy Investment
EU Bank Acquires 25% Stake in Romanian Gas Company
The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.
United Kingdom
BP to Sell London Headquarters as Work Style Shifts
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.
Solar Company
Centrotec Taking Control of Solar Module Maker Sonnenstromfabrik
German heating and ventilation equipment provider Centrotec SE has agreed to take over PARI Group AG.
Energy Investment
Aveva to Acquire Digital Company OSIsoft for $5bn
Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.
Energy Investment
Actis to Acquire Green Energy Projects from ReNew Power in India
UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.
Energy Investment
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
EV Market
Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
Nothing slows down Tesla on its rise. Last Thursday, the action of the firm reached the symbolic mark of 2,000 dollars
Energy Investment
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Energy Investment
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
Energy Investment
Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms
It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer.
Saudi Energy Ministry to Assist Development of Mega Economic Zone Neom
The 26,500 square km development, first revealed in 2017 with a planned completion in 2025, will include high-tech projects powered by wind and solar energy.
Biobattery
Nova Pangaea Set for Expansion Following £900,000 Funding Round
Nova Pangaea Technologies, the U.K. company which sustainably converts biomass into valuable feedstocks for biofuels.

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Energy economy

Research Identifies Need for Multi-Billion Dollar Investments in Asian Hydropower Modernisation

Mitsubishi Hitachi Power Systems Announces Rebrand

ADB Urged to Withdraw Financing New Coal-Fired Energy Projects

EU Bank Acquires 25% Stake in Romanian Gas Company

BP to Sell London Headquarters as Work Style Shifts

Centrotec Taking Control of Solar Module Maker Sonnenstromfabrik

Aveva to Acquire Digital Company OSIsoft for $5bn

Actis to Acquire Green Energy Projects from ReNew Power in India

KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India

Tesla Now Worth more than Exxon Mobil, Shell and BP Combined

South Korea’s Renewables Investments to Top $46bn By 2030

Japan Steps up Renewables Investment to Beat 2030 Target

Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms

Saudi Energy Ministry to Assist Development of Mega Economic Zone Neom

Nova Pangaea Set for Expansion Following £900,000 Funding Round