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Energy Economy
Emmanuel Macron Commits €15bn to Definitive Climate Action
French President, Emmanuel Macron, has pledged an additional €15bn for measures to combat the climate crisis over the next two years.
Energy Economy
Spain's Cabrera Solar Project Receives EIB Investment
The European Investment Bank has decided to invest €43.5m in Cabrera Solar Project in Andalusia, Spain.
Energy Economy
China State Grid Completes a Wholly-Owned Acquisition of Chile's Chiquita Group
The project is also the largest investment project by Chinese companies in the field of Chile's energy and utilities.
Energy Economy
World Bank to Support Nepal's Energy Sector with $100m Credit
The World Bank has agreed to support energy sector reform in Nepal by giving the country's government a $100m development policy credit.
Energy Economy
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
Energy Economy
Volkswagen to Invest up to Another $200M in Solid-State-Battery Company QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to $200 million in the US battery specialist.
Energy Economy
Renewable Efforts Insufficient to Help Limit World Temperature Rise, Report Says
While global investment in new clean energy capacity grew by 1% last year, to $282.2bn, according to research by UNEP.
Energy Economy
Canadian Investment Firm to Acquire Emami Power in India
Canadian investment company Brookfield Asset Management has reportedly agreed to acquire the solar power business of Indian power company Emami Group.
Energy Economy
America's DFC to Invest $350 Million in India
The US International Development Finance Corporation is looking to invest $350 million in multiple projects in India to support the country's financial services
Solar
EIB to Support Development of 66 Solar PV Plants in Poland
The European Investment Bank has agreed to provide a loan to the Poland-based company Energy Solar Projekty for the construction and operation of 66 small-scale
Energy Economy
Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Energy Economy
Virus Sparks Record Drop in Energy Investment: IEA
The international energy agency said on Wednesday that investment in the energy sector would fall by a record amount as a result of the covid-19 outbreak.
Energy Economy
A New $1.1bn Venture Fund Unveiled for Renewables Projects Globally
EIG Global Energy Partners has unveiled the EIG Global Project Fund V to help accelerate the implementation of renewables projects globally.
Energy Economy
Large Shortfall Emerging in German Green Energy Fund
Germany's fund for renewable energy is likely to run a deficit this year for the first time since 2013.
Energy Economy
UK Wants to Join Renewable Energy Market in Morocco
Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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