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MIC Approves $2.5bn Investment for Myanmar Power Plant
MIC announced the investment at a meeting chaired by State Administration Council member and MIC chairman, Lieutenant–General Moe Myint Tun, along with other m…
Energy Investment
The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
Geothermal Power Plant
Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy
Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.
United Arab Emirates
First Green Mortgages Issued in UAE Through HSBC Bank
Climate change has become a global pressing issue and governments and private entities are racing to find new ways to incentivise green investment
Solar Power Plant
Masdar Enters Greek Market with Investment in 65MW Solar Project
Masdar has confirmed its first investment in Greece by partnering with renewable energy investor Taaleri Energia to co-develop a 65MW solar PV project.
Energy Investment
UN Chief Urges Banks to Halt Fossil Fuel Infrastructure Financing
Banks should finance low-carbon climate-resilient projects, not big fossil fuel infrastructure that is not even cost-effective anymore, UN Secretary-General Ant…
Wind Power Project
Bank of Ireland and EIB Co-Finance €100m Wind Energy Project
The European Investment Bank is partnering with the Bank of Ireland to co-finance a €100 million wind energy farm project.
Energy Investment
Iraq to Invest $3bn Over Five Years in the Basrah Gas Company
Baghdad has also looked at forming other alliances regionally, to wean its dependence off Iranian gas
Energy Infrastructure
White House Eyes Subsidies for Nuclear Plants to Help Meet Climate Targets
The new subsidies, in the form of "production tax credits," would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest …
Biomass Power Plant
Octopus Renewables Expands UK Biomass Portfolio with 85.7MW Acquisition
European solar investor Octopus Renewables is expanding its portfolio of biomass energy in the UK to diversify its energy mix, ensure the security of its supply…
Solar Power Plant
Cubico Targets 500MW of UK Solar and Wind in New Joint Venture
Over 500MW of new UK solar PV and onshore wind is to be developed by a joint venture between Cubico Sustainable Investments and Peel NRE.
Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…
Oil Price
Goldman: Oil To Hit $80 On Largest Ever Demand Jump
Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish fo…
Solar Power Plant
Qatar Launches First Solar Atlas To Tap Its Renewable Energy Potential
Atlas will support the development of national policies and identify new profitable investments and markets in solar power realm
Energy Storage Project
SEACEF Invests in 500MW Floating Solar + Storage in Vietnam
Clime Capital, a Singapore-based investment management company that manages funds from SEACEF, announced that it has invested in an innovative floating solar an…
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