Investments
2021, March, 19, 12:45:00
U.S. ZERO EMISSIONS RISKS
Modelling Princeton conducted on the path to a net-zero future showed not much, if any, increase in gas-fired generation capacity starting now, with small increases in some areas to manage reliability needs from rapid coal retirements offset by retirements of older gas plants in other areas.
2021, March, 19, 12:35:00
CANADA'S SMR INVESTMENT $45 MLN
According to the study, a 300 MWe grid-scale SMR built in Ontario and operated for 60 years would create direct and related employment including nearly 700 jobs during project development, over 1600 jobs during manufacturing and construction, over 200 jobs during operations, and about 160 jobs during decommissioning.
2021, March, 19, 12:25:00
WESTINGHOUSE INVESTMENT FOR POLAND
Westinghouse's work on the offer is financed by the US Trade and Development Agency. The works are to cost $10 million.
2021, March, 18, 12:40:00
BRITAIN BUYING GRID $11 BLN
The British company, whose businesses supply gas and electricity to millions of customers, said the deals would increase the proportion of its assets in electricity to 70% from 60%.
2021, March, 17, 14:05:00
RUSSIA'S INVESTMENT FOR ROSNEFT
Though Russia suffered a relatively modest recession amid the pandemic last year, the recovery is expected to be sluggish and a jolt of state spending could help accelerate it. Russia has invested billions from the fund in the past in projects linked to big state companies.
2021, March, 16, 12:45:00
GLOBAL COAL INVESTMENT $1 TLN
The thermal coal value chain still claimed nearly 4,500 institutional investors totaling $1 trillion in operations.
2021, March, 15, 10:25:00
VIETNAM NEED INVESTMENT $320 BLN
Vietnam will need about US$320bn to develop its power sector in 2021-2045,
2021, March, 12, 11:25:00
RENEWABLE ENERGY FOR AUSTRALIA $3 BLN
The South Australia government has given planning approval for the massive $3 billion Goyder South wind, solar and battery storage project
2021, March, 10, 11:35:00
GREECE, CYPRUS, ISRAEL INTERCONNECTOR $900 MLN
In April 2020, EuroAfrica Interconnector initiated a €650m tender for the EPC of a 1 GW subsea HVDC line between Egypt, Cyprus, and Greece (Crete and Attica).
2021, March, 3, 12:25:00
BRITAIN'S POWER TRANSMISSION INVESTMENT €11.6 BLN
The company will invest around £10bn (€11.6bn) in its power transmission network by 2026.
2021, March, 2, 12:10:00
SHELL INVESTMENT FOR EGYPT $0.9 BLN
Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egypt’s Western Desert
2021, March, 1, 10:20:00
IBERDROLA RENEWABLE INVESTMENT $182 BLN
Overall, Iberdrola’s operating profit fell by 3% to €1.2 billion (US$1.4 billion), driven by its recent commissioning of new plants as it ramps up its renewables capacity.
2021, February, 26, 11:30:00
TURKEY'S WIND ENERGY 10%
Turkey wind energy contributed to over 10% of the country's total electric production for the first time.
2021, February, 26, 11:25:00
TURKEY'S ELECTRICITY INVESTMENT $9.3 BLN
Turkey plans to invest a total of $9.3 billion (TL 66.56 billion) in electricity distribution during the upcoming five-year period
2021, February, 25, 11:40:00
EUROPE'S CLEAN ENERGY PARTNERSHIP EUR 10 BLN
The EU will provide nearly Eur10 billion of funding that the partners will match with at least an equivalent amount of investment, the EC said in a statement.