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Energy Transition
AIIB, GEAPP to Invest $1b for Energy Transition Projects
They will identify co-financing opportunities in both the public and private sectors.
Energy Transition
Show Us the Money: Developing World at COP27 Seeks Financing Details
Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …
Energy Transition
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…
COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’
A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…
Brazil
EDP Brazil Shrinks Hydropower Portfolio in Favour of Solar
EDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution and transmission.
Commerz Real Invests in Danish Solar Market
Commerz Real is investing for the first time ever in the Danish photovoltaic (PV) market.
Smart Grid
EIB and Endesa Sign €250mn Smart Grid Credit Line
Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Coal-Fired Power Plants
New Application Leverages AI to Support Coal Plant Conversion
UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …
Nuclear Power Plant
Finland's OL3 Nuclear Reactor Remains Offline as Probe Continues
Investigation is still ongoing of cracks recently discovered in feedwater pumps at Finland's Olkiluoto 3 (OL3) nuclear reactor.
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
Wind Turbine
Türkiye’s New Wind Power Capacity in 2023 Represents an Investment of One Billion Dollars
Türkiye could install another 1,000 megawatts (MW) in wind energy capacity next year, an addition that could attract $1 billion (TL 18.57 billion) in fresh inv…
Carlyle Backs Solar Developer Aspen Power with $350 Mln Investment
Private equity firm Carlyle Group Inc said on Thursday it has invested $350 million to acquire a majority stake in renewable energy developer Aspen Power Partne…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
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