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Natural Gas
BMW Exploring Energy Investments to Reduce Dependence on Natural Gas
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring t…
Hydrogen Production
Transnational Africa Green Hydrogen Alliance Launched
Six African countries have joined forces to launch the Africa Green Hydrogen Alliance to collectively scale-up investment and development across the continent’…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Hydrogen Project
Rystad Energy: Egypt Invests in Green Hydrogen Economy
COP27 host Egypt has committed US$40 billion to green hydrogen economy to attract foreign investment.
Thermal Plant
JERA Americas Acquires Thermal Power Plant Portfolio
JERA Americas, subsidiary of Japanese energy company JERA, said it agreed to buy a 1,633MW thermal power portfolio in New England, USA from infrastructure inves…
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
Energy Storage Battery
UK Government Must Spend £20Bn on Energy Battery Storage to Meet 2030 Renewables Targets
Modelling from Cornwall Insight on Great Britain’s (GB) Power Market out to 2030 has shown that between 2025 and 2030 the UK government must spend nearly a fif…
Electric Vehicle Charging
$60 Million EV Fund in WA 2022-23 Budget
The Western Australian Government has launched a $60 million Clean Energy Car Fund to accelerate the use of electric vehicles (EVs), including $3,500 rebates an…
Wind Farm
150MW Wind Farm Planned for Hong Kong’s Third-Largest Island
Hong Kong-based investment firm HK Electric has announced plans to develop an offshore wind farm southwest of Lamma Island, the third largest island in Hong Kon…
Net Zero Emission
UAE Ahead of the Curve as It Pursues 2050 Net-Zero Target, Enec Chief Says
The UAE is ahead of the curve as it works towards reaching net-zero emissions by 2050 due to its investment in several clean energy projects, a senior official …
Energy Transition
Insurance Giant Allianz Sets Oil and Gas Exit Strategy
The world’s fifth-largest insurance company, Allianz, is withdrawing coverage and investment dollars from a wide swath of fossil fuel projects as of next year.…
Electric Vehicle Battery
UK Electric Vehicle Investment Window Closing Fast – Report
A report from the Green Finance Institute’s Coalition for the Decarbonisation of Road Transport illustrates how the UK can become a global player in electric v…
Net Zero Emission
Biden-Harris Administration Announces over $2.3 Billion Investment to Cut U.S. Carbon Pollution
DOE Launches $2.25B Bipartisan Infrastructure Law Effort to Increase CO2 Storage Sites, Provides Additional $91M to Advance Carbon Management Approaches, Buildi…
Electrification
$15.5M Investment into Zambia’s First Renewable Energy Buyer
InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU) and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will finance Afric…
Wind Farm
WindEurope: Europe Invested €41 Billion in New Wind Farms in 2021
WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41 billion…
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