Policy & Regulatory
Türkiye targets 70% renewables by 2040 and carbon neutrality by 2053
The Turkish Ministry of Energy and Natural Resources has announced a target of meeting about 70% of Türkiye’s energy needs from renewable so...
Infrastructure & Investments
The UK Government approves Jackdaw North Sea gas field development
The UK government has approved the development of the Jackdaw gas field in the North Sea, operated by Adura, a joint venture between UK-base...
Infrastructure & Investments
The US commits an additional USD967m to strengthen power grid resilience
The US Department of Energy (DOE) has announced approximately USD967m in additional funding to modernise critical energy infrastructure.The ...
Infrastructure & Investments
EBRD arranges USD265m loan for 1.2 GW Nefer Menya solar+BESS project in Egypt
The EBRD has arranged a loan of up to USD265m for the Nefer Menya project, a 1.2 GW solar PV plant with 600 MWh of BESS in Minya governorate...
Infrastructure & Investments
Peru explores options for 1 GW power interconnection with Chile
The Peruvian government has proposed resuming talks with Chile on a 1 GW bidirectional power interconnection between Montalvo, in southern P...
Energy & Climate Markets
France secures diesel and gas supplies from the Middle East
French President Emmanuel Macron has secured a series of energy supply agreements during his tour of the Middle East, including visits to th...
Infrastructure & Investments
Algeria plans USD71bn in hydrocarbon sector investments by 2030
Algeria’s Minister of Hydrocarbons has outlined the sector’s development and financial programmes, with USD71bn in planned investments by 20...
Companies
Eni brings 1 bcm/year gas-processing capacity online in Egypt
Italy’s Eni, through Agiba Petroleum Company, its joint venture with the Egyptian General Petroleum Corporation (EGPC), has initiated start-...
Infrastructure & Investments
South Africa’s Ekurhuleni city receives approval to procure 2.4 GW
The Ekurhuleni Metropolitan Municipality in South Africa has received approval from the Ministry of Electricity and Energy to procure about ...
Infrastructure & Investments
X-energy, AEP and Amazon explore 960 MW SMR project in Indiana (US)
American Electric Power (AEP), through its subsidiary Indiana Michigan Power (I&M), has signed a joint development agreement with X-ener...
Infrastructure & Investments
Low Carbon moves ahead with 1 GW solar and storage project in Essex (UK)
UK renewable energy company Low Carbon has begun the development of the Dengie Peninsula Energy Park, a proposed solar and energy storage pr...
Infrastructure & Investments
Foresight backs Gilkes Energy’s 1.8 GW Scottish hydropower project (UK)
A greenfield energy transition fund managed by Foresight Group has announced a “significant” investment in Gilkes Energy’s 1.8 GW Earba pump...