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Pumped Storage
Pumped Hydro ‘Can Save £700m in System Costs’
Imperial College study finds current policy and market framework is not conducive to investment
Nuclear Reactor
Estonia’s Fermi Energia Seeks $1m to Launch SMR Planning Procedure
The new call for funding aims to complete a series of investments of €2.5 million ($3m) required to formally launch the planning project for deployment of a sm…
Wind Power Tower
Vestas Invests in Swedish Firm that Builds Wooden Towers for Wind Turbines
Vestas announced Thursday that it had invested in a Swedish firm which develops and manufactures wind turbine towers.
Floating Offshore Wind
Iberdrola Plans Floating Offshore Wind Farm in Spain
Iberdrola is planning an industrial scale floating offshore wind farm in Spain, to which it will allocate more than €1 billion of investment to commission 300 …
Energy Investment
UK Outfits Secure £1.3m in Offshore Wind Funding
Winners of the OWGP competitions include Apollo, Sheffield Forgemasters and Leask Marine
Energy Investment
New Brunswick Announces Funds for SMR Development
New Brunswick Premier Blaine Higgs has announced a further CAD20 million of funding towards the next phase of small modular reactor development in the province.
Energy Investment
OX2 Acquires 400MW Wind Power Project in Finland from YIT
Renewable energy developer OX2 has agreed to acquire a 400MW wind power project from Finnish construction company YIT.
Nuclear Power Plant
Brookfield 'at a Crossroads' on Whether to Sell Westinghouse
Brookfield Business Partners is considering whether to sell Westinghouse Electric Company, the investment company's CEO, Cyrus Madon, said in a conference call …
Energy Investment
CSIRO Receives $1 Million in Funding for Hydrogen Refueling Station As Part of VH2
The $10-million VH2 project is designed to bring researchers, industry partners and businesses together to test, trial and demonstrate new and emerging hydrogen…
Electric Car
Ford Increases Electric Vehicle Spending to $22bn
Ford Motors increased its planned investment into vehicle electrification to at least $22bn by 2025, nearly doubling its previous commitment of $11.5bn.
Australia
Wood Mackenzie Assesses Australia’s Renewable Energy Policy
Australia needs an ambitious long-term Renewable Energy Target policy to unlock future investments.
Thermal Coal
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.
Energy Investment
Green Genius to Invest over 100 mln Euros in Solar Energy in Poland
Solar energy in coal-reliant Poland has surged to 3.7 gigawatt in 2020 from 1.5 GW in 2019 due to hefty subsidies.
Solar Power Panel
Macquarie Sets up Unit to Build 8 GW Solar Project Pipeline in Europe
Green Investment Group, owned by Macquarie, has launched Cero Generation, which will operate on a European scale and carry out both ground-mounted and commercia…
Offshore Wind Power
Saipem Awarded French Offshore Wind Contract
The contract is subject to a Notice To Proceed, which is contingent upon EODC making a positive final investment decision.
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