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Bill
Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market
Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market d…
Nuclear Fusion
Investment In Nuclear Fusion Is Exploding
Nuclear fusion has attracted more than $2.8 billion in new investment over the past year.
United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
On-Site Energy Generation Could Wield Significant Savings for Companies
Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could …
Nigeria
Game Changing $1.3BN Funding for Nigerian Green Energy Project Launched
Image: PixabayUnder the Team Europe Initiative (TEI), the European Union (EU) has launched a $1.35 billion Nigerian Green Energy Project.The project is meant to…
Coal Price
Australia Forecasts Record Mining, Energy Export Sales for 2023
Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal…
Energy Transition
Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition
Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
Nigeria
Minigrids to Provide Power to Nigerians Not Currently Being Serviced
Nigeria has the world’s largest minigrid market valued at $9 billion and if explored, it could provide electricity to millions in country who are currently wit…
Amazon and Equinor Join Bill Gates to Back Ex-Tesla and First Solar Execs’ ‘Industrial Scale’ Green Hydrogen Tech
US start-up Electric Hydrogen draws stellar list of backers as it looks to deploy 100MW-plus electrolyser systems aimed at decarbonising heavy industry
Net Zero Emission
‘Net Zero Will More Than Double Australian Energy Bills’
A new report claims closing coal-fired power stations isn’t the way to go
India
New Report Shows That India Will Require $223 Billion to Meet RE Goals
India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by researc…
Wind Power Project
ACWA Power-Led Consortium Signs Agreement for Wind Project in Egypt
ACWA Power has inked a project agreement to develop a 1.1 GW wind project in Egypt at an investment value of US$1.5 billion.
United States
Solar Consortium Pledges $6BN for American-Made Modules
Leading solar developers have committed to spending $6 billion on American-made modules to support the expansion of the domestic solar supply chain.
Solar Power Panel
US Solar Developers to Spend US$6B to Boost Local Panel Supplies
A group of US solar energy project developers yesterday said they would jointly spend about US$6 billion (RM26.4 billion) to support expansion of the domestic s…
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