Companies
Companies
EBRD Funds Ignitis Groupโs Kelmฤ Wind Farm in Lithuania
The European Bank for Reconstruction and Development (EBRD) has granted a loan of โฌ79.5 million to Ignitis Group, forming part of a broader โฌ318 million financing arrangement aimed at advancing Lithuaniaโs clean energy transition. The financing will help Ignitis...
Companies
Google DeepMind and CFS Partners on Fusion Energy Research
Google DeepMind has joined forces with Commonwealth Fusion Systems (CFS) in a research partnership aimed at moving fusion energy forward. Fusion, the process that powers the sun, holds the potential for clean, abundant energy without the long-lived radioactive waste....
America
Amazon and X-Energy Partner to Boost Nuclear Energy Capacity
X-Energy Reactor Company, a leading developer of advanced nuclear reactors and fuel technology, has closed a Series C-1 financing round of about $500 million, led by Amazon.com. The funds will go toward finishing X-energy's reactor design and licensing work...
Companies
Equinor Launches Production at Brazilโs Bacalhau Oil Field
Equinor, together with partners ExxonMobil Brasil, Petrogal Brasil, and Prรฉ-sal Petrรณleo SA, has started production at the Bacalhau oil field in Brazil. With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore...
Asia
EWEC Awards Khazna Solar PV Project to ENGIE and Masdar
EWEC (Emirates Water and Electricity Company), a key player in the integrated planning, procurement, supply, and system dispatch of water and electricity across the UAE, has confirmed the award of its 1.5-gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent...
Companies
Apple Invests in Renewable Energy Projects Across Europe
Apple is stepping up its clean energy projects across Europe, with new large-scale solar and wind projects under development in Greece, Italy, Latvia, Poland, and Romania. Along with a solar array that recently began operating in Spain, these projects...
Africa
Algeria Signs $5.4B Deal with Midad Energy in Illizi Basin
Algeriaโs state-owned energy company Sonatrach announced on that it has signed a production-sharing contract worth around $5.4 billion with Saudi Arabiaโs Midad Energy for the exploration and development of oil and gas resources in the Illizi Basin. The agreement...
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