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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.
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…
China
China's Renewable Energy Investment Exceeds US$100 Billion for Five Consecutive Years
The number of patents, investment, installed capacity and power generation in the field of renewable energy in China has ranked first in the world for many cons…
Energy Saving
Slovakia to Expand Energy Efficiency Market with EIB Aid
Slovak Investment Holding has expanded its partnership with the European Investment Bank (EIB) to expand the energy efficiency market in Slovakia.
Smart Grid
Lithuania’s Ignitis Grupė Secures €110 Million Loan for Smart Meters and IT
In Lithuania, energy company Ignitis Grupė has secured a €110 million loan from the European Investment Bank to support its smart metering systems and IT solu…
Energy Investment
Canadian Government Commits C$320 Million to Aid Offshore Oil Industry
Canada will spend C$320 million to support its offshore oil industry, which has struggled as coronavirus pandemic travel restrictions reduced demand.
Nuclear Power Plant
World's Operating Nuclear Fleet at 30 Year Low as New Plants Stall
The number of nuclear reactor units operating globally is at a 30 year low, while new plants struggle for investment.
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