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Net Zero Emission
Indonesia Needs $8B Additional Investment Annually by 2030 to Reach Net-Zero Goals
The country aims to achieve net-zero emissions by 2060.
Oil Price
Oil Prices Climb on Tight Supply Worries
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between…
Wind Farm
GE Renewable Energy and Green Power Investment to Develop Onshore Wind Farm
GE Renewable Energy has announced that it has been selected by Green Power Investment (GPI) as the supplier for the Fukaura wind farm in Fukaura Town, Nishi Tsu…
Energy Transition
Call For Robust Policy Framework at Irena’s Legislators Dialogue
IRENA held its second Legislators Dialogue during last week’s Investment Forum events that took place in the context of the G20 Energy Transitions Ministerial …
Energy Transition
Iberdrola Invests 3,000 Million Euros in Australia to Lead the Energy Transition
The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action…
Offshore Wind Power
Corio and TotalEnergies Welcome SK Ecoplant to Offshore Wind Portfolio
Corio Generation, a Green Investment Group portfolio company, and TotalEnergies will join forces with SK ecoplant to develop the BadaEnergy offshore wind portfo…
Energy Transition
Transport Group CMA CGM Launches $1.5 Bln Energy Fund
French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…
Net Zero Emission
Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence
Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion
LNG
LNG Investments to Reach $42B Annually in 2024: Report
This is 20 times the investments seen in 2020 which amounted to $2b.
Gas Turbine
GE to Invest in US Hub to Expand Small-Turbine Manufacturing
GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Ce…
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Nuclear Reactor
South Korea’s SK invests $250m in Bill Gates’ TerraPower
The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
EU
EU Watchdog Backs ESG ‘Quality Label’ for Market Benchmarks
The European Union's markets watchdog said on Friday that a 'quality label' for market benchmarks would help prevent investors being misled by environmental, so…
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