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Germany
RWE Issues New Us$2.1 Billion Bond to Chase Solar, Wind Projects
German utility giant RWE has issued a green bond with a volume of €2 billion (US$2.1 billion), the proceeds of which will be used to pursue development of sola…
Energy Transition
EU to Map Out Escape Route From Russian Fossil Fuels
The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot …
Electric Car
New Zealand Targets EVs, Industry with New $2.8 Billion Climate Response Fund
The New Zealand government said on Monday it would set up a NZ$4.5 billion ($2.83 billion) climate response fund, spending at least NZ$2.9 billion on cutting po…
Nuclear Power Plant
New Nuclear Power Stations May Increase Energy Bills, Says Business Secretary
Kwasi Kwarteng however, has said in the “medium-term” new nuclear would give the UK “cheaper power”.
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Solar Power Panel
Chinese Industry Brief: Surging Solar Exports, Wafer Supply Deals
PV module exports surged in the first quarter, according to research firm PV InfoLink. Risen Energy, meanwhile, has just signed a $2.16 billion, long-term wafer…
Oil Field
Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion
Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in two North Sea…
Electric Vehicle Battery
UK Electric Vehicle Investment Window Closing Fast – Report
A report from the Green Finance Institute’s Coalition for the Decarbonisation of Road Transport illustrates how the UK can become a global player in electric v…
Clean Energy Transition
Queen’s Speech Lays out UK Energy Bill
The pursuit of cheaper, cleaner and more secure energy has been put at the heart of the UK government’s plans.
Net Zero Emission
Biden-Harris Administration Announces over $2.3 Billion Investment to Cut U.S. Carbon Pollution
DOE Launches $2.25B Bipartisan Infrastructure Law Effort to Increase CO2 Storage Sites, Provides Additional $91M to Advance Carbon Management Approaches, Buildi…
Electric Car
Toyota Plans to Invest $624 Million to Make EV Parts in India
Toyota Group plans to invest 48 billion Indian rupees ($624 million) to make electric vehicle components in India, as the Japanese carmaker works toward carbon …
Carbon Emissions
Carbon Capture Challenges are Not Deterring Investor at Bill Gates’ Firm
In the United States, there is a voluntary market for companies to pay to capture their carbon, but there is not any government regulation or a federally mandat…
Wind Farm
Europe Invests €41Bn in New Wind Farms
UK tops list of 11 countries invested more than €1 billion in 2021 says report.
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Wind Farm
WindEurope: Europe Invested €41 Billion in New Wind Farms in 2021
WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41 billion…
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