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Net Zero Emission
Adnoc to Set up New Vertical in Decarbonisation Push
Musabbeh Al Kaabi, chief executive of Mubadala's UAE investments platform, has been named executive director.
Energy Investment
North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet
North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…
Global Energy Efficiency Investments Jump 16% YoY in 2022: IEA
It reached $560b this year.
Solar Power Plant
Dubai’s Concentrated Solar Power Project Starts Supplying Electricity to the Grid
It is the largest concentrated solar power project in the world in terms of installed capacity, investment size, and molten salt reserve heat.
Electric Car
UK Approves $26.6 Billion Power Grid Investment to Expand Renewable Capacity
Six electricity distribution network companies, covering fourteen local networks in the UK, will have $26.6 billion (£22.2 billion) to invest by 2028 to make t…
Carbon Emissions
Heat Pumps Can Reduce Carbon Dioxide Emissions by 500 Million Tonnes by 2030, IEA Says
Additional annual investment of $160 billion until 2030 will be needed to meet global climate pledges.
Nuclear Power Plant
UK Government Steps up as 50% Owner of 3.2-GW Sizewell C EPR Nuclear Project
The UK government will bolster a proposal to build Sizewell C with a £679 million ($815 million) investment, giving the twin EPR nuclear power plant project—a…
Hydrogen Production
ACWA Power, Thai Energy Firms Partner for Hydrogen Projects Development
The facilities to be developed have an investment value of around $7b.
Energy Investment
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Wind Farm
Spain's Acciona to Build $1.3 Bln Wind Farm in Australia in Expansion Drive
Spain's Acciona SA announced plans on Monday to build a wind farm worth A$2 billion ($1.34 billion) in Australia, nearly doubling its investment and generation …
Offshore Wind Power
Enbridge Announces Completion of France’s First Offshore Wind Farm
France’s first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canad…
Israel’s Econergy Secures €250M Investment for Renewable Projects
The investment will be provided by RGREEN INVEST.
Energy Investment
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
United Kingdom
Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure
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