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Energy Investment
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Thermal Plant
PV Power Approves Plan to Build Nhon Trach Thermal Power Plants
The PetroVietnam Power Corporation has approved an investment plan to build Nhon Trach 3 and 4 thermal power plants with combined capacity of between 1,300-1,76…
Solar Power Plant
ADB to Invest $17.7 Million in a Solar Power Project in Bangladesh
This is one of the first private sector solar projects in the country financed by a multilateral institution.
Geothermal Power Plant
Lack of Policy Hampering Potential Geothermal Investments in Papua New Guinea
In a recent parliament sitting in Papua New Guinea, questions are raised on the geothermal policy for Papua New Guinea.
Oil Price
Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market
Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.
Nuclear Power Plant
Brazil Prepares to Resume Angra 3 Project
Brazil's Investment Partnership Programme council has approved a plan to complete unit 3 of the Angra nuclear power plant.
Energy Investment
Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says
While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.
Energy Investment
Canadian Investment Firm to Acquire Emami Power in India
Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.
Energy Technology
Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker
A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…
Energy Investment
America's DFC to Invest $350 Million in India
The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services…
Nuclear Policy
European Nuclear Players Call for Coherent Policy Amid Covid-19
A number of major players in the European nuclear power industry have written an open letter to the EU, calling on the bloc to unify its nuclear policies to enc…
China Belt and Road
China Signed New Contracts for Water Conservancy Construction with 53 Countries Along the Belt and Road
Chinese companies have made non-financial direct investment in 53 countries along the Belt and Road to reach us $5.23 billion.
Offshore Wind Power
Iberdrola to Pour up to EUR 4bn in Renewables in France
Spanish power utility Iberdrola SA plans to invest between EUR 3 billion and EUR 4 billion over the next four years.
LNG
Gazprom Threatened with 50 mln Euro Fine by Polish Regulator for Lack of Cooperation
"President of the Office of Competition and Consumer Protection initiated proceedings against Gazprom for lack of cooperation during an anti-trust investigation…
Market Analysis
Helping China Cut Carbon Emissions isn't a Financial Game Every Business Can Play
China is the world's largest consumer of coal, and accounts for nearly half of global investment in renewable energy.
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