Investments
2021, November, 10, 11:40:00
MOZAMBIQUE LNG IS BETTER
In April, TotalEnergies declared force majeure on the Mozambique LNG project and removed all of its staff from the site, after Islamist militants attacked the nearby town of Palma in late March, killing dozens.
2021, November, 9, 16:45:00
UAE, IRENA RENEWABLE PLATFORM
The UAE and the International Renewable Energy Agency (IRENA) announced the launch of the global platform on the sidelines of COP26, in Glasgow, the United Kingdom.
2021, November, 3, 11:50:00
ARGENTINA'S HYDROGEN INVESTMENT $8.4 BLN
A $1.2 billion pilot stage aiming to produce 35,000 tons of green hydrogen is planned for 2022-2024, before a $7.2 billion first productive stage aiming for an output of some 215,000 tons of green hydrogen - enough to power 1.6 million homes.
2021, November, 3, 11:45:00
MOROCCO WIND INVESTMENT $1.6 BLN
The integrated wind energy program will be fully commissioned by 2024 and consist of electricity production parks installed through the kingdom
2021, October, 29, 14:05:00
BRITAIN'S NUCLEAR FINANCE PLAN
The announcement followed the unveiling of the government’s net zero strategy which set out £120 million towards nuclear projects through the Future Nuclear Enabling Fund.
2021, October, 29, 13:55:00
BRITAIN'S NUCLEAR INVESTMENT $2.3 BLN
In December 2020, the UK government announced it would begin talks with EDF Energy to enable investment in the planned Sizewell C nuclear power plant project. The latest government statement confirmed these negotiations are ongoing.
2021, October, 29, 13:35:00
SAUDI ARABIA'S HYDROGEN PROJECT $7.2 BLN
The Jazan IGCC project will convert vacuum residue to be produced in the adjacent Jazan refinery (400,000 bbl/d) into synthesis gas (syngas).
2021, October, 28, 14:05:00
GLOBAL CLIMATE INVESTMENT 2030: $5 TLN
None of the 40 indicators it assessed are in line with the 2015 Paris Agreement goal of reining in average temperature rise to "well below" 2C, and ideally 1.5C, above preindustrial times.
2021, October, 21, 15:10:00
AUSTRALIA'S RENEWABLE INVESTMENT $7.5 BLN
The projects were unveiled as part of Rio Tinto’s newly announced plans to spend $US7.5 billion ($A10 billion) slashing its scope 1 and scope 2 emissions by half by 2030.
2021, October, 20, 11:25:00
IBERDROLA WIND INVESTMENT $8.2 BLN
Iberdrola undertakes to invest £6bn in the East Anglia Hub offshore wind complex
2021, September, 23, 12:35:00
CLEAN COAL INVESTMENT $8.7 BLN
This investment would reduce CO2 emissions by 500 million tonnes cumulatively by 2040, equivalent to approximately 25 million tonnes of CO2 per year.
2021, September, 23, 12:20:00
HYDROGEN INVESTMENT FOR BRITAIN $1.4 BLN
Ineos plans to "move to the production and use of hydrogen by all businesses at the Grangemouth site" by 2030, along with CCS of at least 1 million mt/year,
2021, September, 22, 12:45:00
CHINA'S COAL INVESTMENT DOWN
"China will step up support for other countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad," Xi said.
2021, September, 21, 12:35:00
AUSTRALIA'S HYDROGEN UP
Australia's hydrogen industry said more is needed from the government to help the industry reach commercial scale.
2021, September, 14, 12:05:00
INDONESIA'S HYDROPOWER STORAGE 1 GW
The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.
