Net withdrawals from the funds reached nearly $24 billion for the first nine months of 2024, compared with net deposits of $40 billion during the first nine months of 2023.

The five projects represent a total investment of SAR35bn (US$9.3bn) and align with Saudi Vision 2030 goals to achieve a balanced energy mix with 50% renewables and 50% gas.

The US$4bn Terra Solar project will also feature a 4.5 GWh battery energy storage system (BESS). The project is developed by Terra Solar, a subsidiary of Solar Philippines New Energy Corporation (SPNEC).

As part of the H2Hubs program, DOE is committing up to $1.2 billion of federal cost share for the Gulf Coast Hydrogen Hub—led by HyVelocity (HyV) and up to $1 billion of federal cost share for the Midwest Hydrogen Hub—led by the Midwest Alliance for Clean Hydrogen LLC (MachH2).

The CFE's investment plan for this period consists of US$23.4bn, of which US$12.3bn correspond to new generation projects (13,024 MW), US$7.5bn to transmission infrastructure and US$3.6bn to distribution projects.

The U.S. Department of Energy will allocate almost $2 billion for 38 projects that will directly focus on hardening the U.S. power grid.

The U.S. Department of Energy (DOE) announced nearly $2 billion for 38 projects that will protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification.

DOE estimates the U.S. will need approximately 700-900 GW of additional clean, firm power generation capacity to reach net-zero emissions by 2050. Nuclear power is a proven option that could be deployed to meet this growing demand.

DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience, relieve costly transmission congestion, and open access to affordable energy to millions of Americans across the country.

Africa's oil and gas industry holds immense potential, with several countries emerging as key players in both production and future exploration.

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced over $3 billion for 25 selected projects across 14 states to boost the domestic production of advanced batteries and battery materials nationwide.

Для сохранения набранных темпов роста нужны новые актуальные решения, как финансовые и инфраструктурные, так и узконаправленные на конкретные отрасли, учитывающие особенности Дальнего Востока, логистику, масштаб территории и климат.

China was ready to step up cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than 50 African nations gathered in Beijing for the three-yearly Forum on China-Africa Cooperation Summit.

"Africa's vast potential to drive forward climate solutions is being thwarted by an epidemic of underinvestment,"

The Sizewell C Devex Scheme has a total value of GBP5.5bn (€7.2bn) and it is expected to provide the greater flexibility to cover development expenditure costs up to and including FID, subject to appropriate Value for Money (VfM) assessments and approvals at the relevant time.