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State Grid
China's Grid Giants up Investments in Charging Piles for NEVs
China's two grid giants have made ambitious investment plans to build charging piles for new energy vehicles (NEVs) as the country speeds up infrastructure cons…
Wind Farm
Clearway Energy Proceeds with Investment in 482-MW Wind Portfolio
US power company Clearway Energy Inc (NYSE:NYLD) has signed binding deals with its sponsor, Clearway Group (CEG), to acquire or invest in a number of wind proje…
Market Analysis
Solar PV Corporate Funding Expected to Take a Hit
Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March …
LNG
Construction of First Gas Storage Cluster Begins in Western China
The construction of China's first natural gas storage cluster has begun in the west of the country, with total investment reaching 7 billion yuan ($990 million)…
Crude Oil
Mexico’s Offshore Oil Investment Set To Plunge Despite Government Pledges
Demand for offshore equipment and services is set to drop by an average of 14 percent through 2025, according to the analysts.
Wind Farm
Mirova Acquires 85.8MW Wind Farm From RES
Mirova, a European investment firm and an affiliate of Natixis Investment Managers, has acquired the Rödene wind farm from RES.
Solar Panel Manufacturing Plant In China
China-based solar manufacturer GCL System Integration Technology (GCL-SI) is planning to build a solar panel manufacturing plant with an investment of CNY18bn (…
Offshore Wind Power
European Wind Investment Slides as Covid-19 Undercuts Spending Power
The impact of the coronavirus pandemic is likely to reduce liquidity in debt and equity markets, WindEurope says.
Electricity Transmission
EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network
The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.
Offshore Wind Power
Deutsche Bank Closes Hedge for 589MW Taiwan Offshore Wind Farm
Multinational investment bank Deutsche Bank has closed a deal contingent interest rate swap for an offshore wind farm in Taiwan.
Crude Oil
BP Reduces Investment Plan by 25% in 2020 to US$12bn
BP has cut its 2020 spending plan by a quarter, from US$15bn to US$12bn, including a US$1bn reduction investment in short-cycle onshore activity.
74.95-mw Ishinomaki Hibarino Biomass Power Project In Miyagi Prefecture
The company made a final investment decision for the project and then signed a financing agreement with 18 financial institutions. Mizuho Bank Ltd and Sumitomo …
Greenhouse Gas Emissions
Hydrogen for Power Needs Nearly $800bn Investment Says BNEF
Carbon-free hydrogen production could significantly reduce greenhouse gas emissions from power generation and manufacturing.
Solar Power Plant
Super Energy Corp to Invest in Solar Projects Worth 750 MW in Vietnam
Super Energy Corp has announced that its Board has approved the investment in for four solar projects in Vietnam with a total installed capacity of 750 MW.
Energy Transition
EU Leaders Back Covid-19 Recovery Strategy that 'Integrates Energy Transition'
European heads of government call for 'coordinated' approach to coronavirus built around investment in Green Deal.
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