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Energy Economy
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Energy Economy
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti
Energy Economy
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin
Energy Economy
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla
Energy Economy
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Economy
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Energy Economy
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Hydrogen
TECO 2030 Awarded NOK 50m to Aid in the Development of Hydrogen Fuel Cells
The Norwegian government has awarded NOK 50m to aid TECO 2030 in developing hydrogen fuel cells that could significantly reduce carbon emissions in the region.
Energy Economy
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,
Energy Economy
BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine
BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.
Nuclear Power
IAEA Calls for Ramp-up in Nuclear Investment Ahead of COP26
As we head toward [COP26], it is time to make evidence-based decisions and ramp up the investment in nuclear.
Energy Economy
CTG Keen to Invest in Wind and Solar Energy Sectors of Pakistan
China Three Gorges Group called on Pakistani ambassador to China on Friday and showed keen interest in investing in Pakistan's wind and solar energy sectors.
Coal
DOE Invests Nearly US$7 million to Put Coal Wastes to Work
This investment supports the development of new and safe uses for coal-wastes, which in turn will spur the creation of good-paying jobs in frontline communities
Energy Economy
US Smart Electric Grid Projects Receive $11m Boost
The modernisation of the grid will enable the integration of a diverse supply of renewable energy sources and help customers reduce their energy consumption, co
Energy Economy
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
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