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Energy Investment
Total Invests in Hyzon Motors
Through its venture capital arm Total Carbon Neutrality Ventures, European energy giant Total has made a strategic investment in hydrogen vehicle manufacturer H…
Energy Investment
China’s Clean Energy Plan Could Cost It $5 Trillion
China’s plan to reach carbon neutrality by 2060 could end up costing it $5 trillion.
Electricity Trade
Indonesia’s Power Sector is Open for Business
The final episode in Enlit Asia’s digital series Indonesia’s New Energy Paradigm did not disappoint, as the expert panel delved into how the country’s energy…
Energy Investment
Eurpoean Bank Supports Upgrade of Electricity Network in Hungary
The European Investment Bank has announced support for the upgrade and expansion of the electrical power network in south-eastern Hungary.
Power Construction
Ireland Needs “Large-Scale” Grid Investment for Net-Zero
The Irish Academy of Engineering has released a report warning of the “exceptionally large investment” needed to balance electricity transmission on the islan…
Iberdrola Announces New €1.5bn Renewables Investment Plan
Spanish multinational utility Iberdrola has announced that it plans to triple its renewable energy capacity in Andalusia within the next five years.
Microgrid
EDF Acquires Stake in French Microgrid Startup
EDF Renewables has secured a 29% stake with a capital investment in the French remote microgrid developer Ecosun Innovations.
Gas turbine engine
Russia’s InterRAO to Invest $580m in Gas Turbine Venture with GE
Russian energy holding company InterRAO reportedly plans to invest $580m in a gas turbine joint venture with General Electric.
Electric Car
VW Invests €15bn in Chinese Electric Vehicle Market
German automaker Volkswagen is investing €15bn in the Chinese electric vehicle market, seeking to extend its push into the sector and its market share in the w…
China
China Launches CAP1400 Reactor Design
China's State Power Investment Corp has officially launched the CAP1400 reactor design following 12 years of research and development work.
Energy Investment
Total Drives Green Strategy With €500m Zero-Crude Project
As part of its net zero strategy, global energy company Total will invest €500 million into converting its Grandpuits refinery in Seine-et-Marne, France, into …
Vietnam
Vietnam Requires $133.3bn in Power Investment By 2030
Vietnam will need an investment of $133.3bn in its power industry to meet its increasing electricity demand.
Wind Farm
Statkraft Invests in Solar and Wind Power in Brazil
In the case of the wind farm in Bahia announced by Statkraft on Monday, the planned investments are 2.5 billion reais.
Nigeria International Petroleum Summit
Nigeria International Petroleum Summit will focus on technology, knowledge, sustainable and partnership that can enhance the inflow of foreign investments while…
Nuclear Power Plant
China Completes Development of New Third-Generation Nuclear Technology
On September 28, 2020, the State Power Investment Corporation of China announced that China's third-generation nuclear power technology with completely independ…
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