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Saudi Arabia
Aramco Shares Switch May Boost Saudi Renewables
Saudi Aramco, the world's largest oil-exporting company, transferred 4% of its shares to the kingdom's Public Investment Fund, which is expected to use the proc…
Distributed energy
Insurance Guarantee Instruments for African Energy Sector
The Norwegian Agency for Development Cooperation (NORAD) will provide grant funding to the African Trade Insurance Agency (ATI) of $56million over the next five…
Energy Transition
RWE to Spend €15bn on German Decarbonisation Portfolio
German utility RWE has announced a plan to invest €15 billion ($17.1 billion) to expand its portfolio of green energy in a move to accelerate the energy transi…
Hydropower Plant
Investments in Hydro Set to Increase in 2022 Says New Research
Hydropower capacity in 2022 is set to exceed 1200GW and investments will climb to $36.3 billion, new research from Rystad Energy has suggested, with hydro set t…
Hydropower Plant
Rystad Energy: Hydropower Growth Set to Continue
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…
Energy-Eficient Building
Schneider Electric Supports WEF Framework to Attract Investment Towards Decarbonization of Buildings
Schneider Electric, supports the World Economic Forum (WEF) and its launch of the Net Zero Carbon Cities Building Value Framework, a strategy aimed at attractin…
Crude Oil
Ugandan Oil Export Project Gets Official Launch
Uganda's journey to become a fully fledged oil exporter has reached a key milestone with an official ceremony in Kampala to mark the final investment decision o…
Hydrogen Project
Shell Produces Green Hydrogen in China
Shell has started operations at the power-to-hydrogen electrolyser in Zhangjiakou, China, a joint venture between Shell China and Zhangjiakou City Transport Con…
Nuclear Power Plant
Britain to give EDF’s Sizewell C Nuclear Project $135 mln Support
Britain will give 100 million pounds of support to France’s EDF to help it build the Sizewell C nuclear plant in Suffolk, England and encourage new investors i…
Energy Investment
Hyundai Engineering to Expand Business in Energy Sector
According to the company, its investments in plastic recycling and carbon dioxide recycling will be 530 billion won and 350 billion won, respectively.
Solar Power Plant
Oman Inaugurates 500MW Ibri 2 Solar Field
Some 1.5 million bifacial panels make up the power plant in Ad-Dhahirah governorate which was constructed in just 13 months by ACWA Power, the Gulf Investment C…
Nuclear Power Plant
Rolls-Royce Launches Competition to Land First Mini Nuclear Power Plant Site
Investment of up to £200 million is up for grabs, along with the creation of 200 jobs
Electricity Reform
Mexico's Energy Reform Strains Ties With US
Mexico's plan to favor its own state-owned electrical power plants and limit energy sales by private, foreign-built projects could affect U.S. investment in Mex…
Wind Farm
Saudi’s ACWA Power Breaks Ground on $300m Wind Farm in Azerbaijan
Project represents the first and largest foreign investment made in Azerbaijan’s renewable energy sector to date
Hydrogen Project
POSCO to Promote Hydrogen Business with Saudi Sovereign Wealth Fund
POSCO and Samsung C&T’s Construction Business Division will push forward with the green hydrogen production business with the Public Investment Fund of Saudi A…
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