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Rosneft CEO said the company plans investments between 1.2 and 1.3 trillion RUB in 2019

Despite a weaker Q4, Rosneft demonstrated solid 2018 growth, more than doubled net profit to RUB 549 billion, from RUB 222 billion in 2017.

read more... 06/02/2019

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Russia aims to attract $28 billion investment in power plant upgrades

Russia’s government approved a 10-year modernization program for Russian power plants, expected to attract $28.8 billion (1.9 trillion Russian rubles) in private investments in the sector, Energy Minister Alexander Novak said.

read more... 28/01/2019

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Ørsted to rethink Taiwanese offshore wind plans after missing 2018 deadline

Danish offshore wind major Ørsted A/S will pause and review its plans for investments in Taiwan as it has been unable to secure a key permit for 900 MW of offshore wind projects in time to get the 2018 feed-in tariff (FiT).

read more... 04/01/2019

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Shell announces major pivot to green energy

Royal Dutch Shell revealed an ambitious plan to double its investments in green energy in what appears to be the next phase in the oil giant’s efforts to decarbonize.

read more... 27/12/2018

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Cubico soaks in Algarve sun

Cubico Sustainable Investments has acquired three operational solar farms in Portugal totalling 29.4MW from CEF Energia Iberica, a company backed by Glennmont Partners, for an undisclosed price.

read more... 11/09/2018

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