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Energy Storage Battery
California’s ‘Lithium Valley’ Will Incentivise Battery Value Chain Investments
The Board of Supervisors of Imperial County, California, has approved schemes to incentivise investment into the lithium battery value chain, leveraging the reg…
Hydropower Plant
Statkraft and Inovyn Sign New Long-Term Green Power Agreements Ensuring Operations and Enabling New Investments
Europe’s largest generator of renewable power, Statkraft, and chemical company INEOS Inovyn at Rafnes in Bamble, Norway have signed two new long-term powe…
Energy Storage Project
Peak Power Secures $200M to Accelerate Storage Optimization Tech Adoption
Peak Power, specializing in energy optimization software for commercial and industrial (C&I) facilities, secured a $200 million partnership with Madison Energy …
Solar Power Panel
Two New MET Group Solar Parks Have Started Production in Hungary
The construction works of MET Gergjen solar park and MET Söjtör solar park has been completed and the solar power plants have commenced commercial operations.…
Energy Investment
US Battery Supply Chain Investments Reach Us$92 Billion Since Biden Took Office
A total of US$92 billion has been invested in the US battery supply chain since President Joe Biden took office in January 2021, including recent projects annou…
Natural Gas
Snam Will Invest €10BN by 2026 to Boost Italy’s Gas Infrastructure
The Italian gas grid operator Snam has unveiled its 2022-2026 strategic plan, in which it plans to boost Italy's role in Europe’s gas system with new …
Energy Transition
Cambodia’s Energy Transition Program Gets ADB Boost
Source: Towfiqu Barbhuiya (Pexels)This includes a $50m loans and a $23m investment.The Asian Development Bank (ADB) has approved a $50m policy-based loan packag…
Coal Mine
Mining Investments on the Rise in Peru
Quellaveco mine in Peru. (Image courtesy of Anglo American).The Peruvian Ministry of Energy and Mines (Minem) issued its latest Mining Statistical Bulletin whic…
Energy Investment
U.S. Oil Majors Focus On Cost Discipline in Spending Plans
As Exxon and Chevron focus more on shareholder returns and less on speculative spending, they are both reining in investments in large international oil project…
Oil & Gas Trade
Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies
Record profits by oil companies benefiting from high energy prices have boosted inflation around the worldExxon said it will factor in the tax as it considers f…
Oil&Gas Drilling
Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique
Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …
Hydropower Plant
EDP Brazil shrinks Hydropower Portfolio In Favor Of Solar
Image credit: WFranz on PixabayEDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution …
United States
ACP: US Government Is Helping Utilities Lower Costs For Consumers
Cover of the Clean Energy Investing in America report from the American Clean Power Association (ACP).In just the last three months, over $40 billion of new gri…
Dubai
UAE's DEWA Completes 93% Of 4th Phase Of H-Station Power Plant In Al Aweer
Dubai Electricity and Water Authority (DEWA) has completed 93% of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments tot…
Energy Investment
Losses May Force Japanese, S. Korean Utilities to Delay Green Investment
South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…
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