Investments
2022, May, 25, 10:40:00
EGYPT CLIMATE STRATEGY
Egypt has an electricity capacity of 62 GW (at the end of 2021), 80% of which is from gas and 10% from oil.
2022, May, 20, 11:45:00
U.S. CO2 CAPTURE $3.5 BLN
The U.S. Department of Energy (DOE) today released a Notice of Intent (NOI) to fund the Bipartisan Infrastructure Law’s $3.5 billion program to capture and store carbon dioxide (CO2) pollution directly from the air.
2022, May, 16, 11:45:00
BRITAIN'S NUCLEAR DEVELOPMENT
In early April, the government published its Energy Security Strategy, setting out its ambitions for eight new reactors, plus small modular reactors, helping to produce 24 GWe of nuclear generating capacity by 2050, representing about 25% of the UK's projected electricity demand.
2022, May, 11, 10:40:00
U.S. NUCLEAR BAILOUT $6 BLN
In mid-April, the bidding process for a new $6 billion pot of nuclear bailout money opened up.
2022, May, 6, 10:45:00
U.S. CLIMATE INVESTMENT $2.3 BLN
The U.S. Department of Energy (DOE) today announced more than $2.3 billion for three efforts to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution, address the impacts of climate change, and create good-paying jobs while prioritizing community engagement and environmental justice.
2022, May, 5, 14:35:00
EUROPEAN WIND INVESTMENT €41 BLN, 24.6 GW
19 GW of new wind projects were financed in the European Union, well below the required rate of 32 GW/year to meet the current 40% renewable energy targets by 2030.
2022, May, 4, 11:55:00
U.S. ENERGY INFRASTRUCTURE INVESTMENTS $3 BLN
The U.S. Department of Energy (DOE) announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families.
2022, April, 28, 13:35:00
SPAIN SOLAR POWER 4 GW
The Swiss investment company Smartenergy and the Spanish multinational Grupo Prodiel have closed an agreement to set up Greenfield PV, a joint venture focused on developing more than 4 GW of solar PV projects in Spain.
2022, April, 21, 14:30:00
UAE, JAPAN STRATEGIC PARTNERSHIP
Japan is one of the UAE's largest investment partners in both outbound and inbound investments, as Japanese investments in the country currently exceed AED 15 billion, accounting for 3percent of total FDI inflows and more than 8.2 percent of investments from Asian countries.
2022, April, 21, 14:25:00
U.S. NUCLEAR CREDIT $6 BLN
The U.S. Department of Energy (DOE) today announced plans to seek applications and sealed bid submissions under the $6 billion Civil Nuclear Credit Program (CNC) to support the continued operation of U.S. nuclear reactors — the nation’s largest source of clean energy.
2022, April, 20, 11:25:00
IRAN NEED INVESTMENT $80 BLN
Iran sits on the world's second-biggest gas reserves after Russia. It exports gas to Iraq and Turkey, with a minor swap with northern neighbors Azerbaijan and Turkmenistan.
2022, April, 12, 12:25:00
CHINA'S CNOOC NEED INVESTMENT $4.4 BLN
The Chinese oil group CNOOC is seeking to raise CNY28.1bn (US$4.4bn) in a share listing in Shanghai (China), offering CNY10.8/share (US$1.7/share).
2022, April, 7, 13:55:00
EXXON INVESTS IN GUYANA $10 BLN
ExxonMobil plans to produce around 250,000 mb/d of oil starting in 2025.
2022, April, 6, 11:15:00
UAE, TURKEY PARTNERSHIP
Turkey and the UAE have promising investment environments that offer many opportunities for investors and businesses, underscoring their aspirations to strengthen their economic partnership to establish a new era of sustainable growth.
2022, April, 5, 13:15:00
PORTUGAL RENEWABLES 80%, €25 BLN
Portugal aims to reach carbon neutrality by 2050 and over €25bn should be invested in the energy sector in the next 10 years.