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Investment in new nuclear declines to five-year low

Global energy investment fell for the third consecutive year in 2017, according to the International Energy Agency (IEA). Investment in nuclear power declined by nearly 45% last year to USD17 billion. Although spending on new reactors reached the lowest level in five years, investment on upgrades of existing units increased.

read more... 19/07/2018

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EIB to back renewables in Belgium, Spain, Portugal

The European Investment Bank (EIB) has approved more than EUR 3.4 billion (USD 3.96bn) in financing for clean energy projects globally, among which is an offshore wind farm in Belgium.

read more... 19/07/2018

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Russia ready to invest $50 billion in Iran’s oil & gas projects

Ali Akbar Velayati, Ayatollah Ali Khamenei’s top diplomat, said after the meeting with President Vladimir Putin, that Russian President has announced his country’s readiness to make $50 billion of investment in Iran’s oil and gas projects.

read more... 16/07/2018

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BP Ventures leads £2.5m investment into EnergyTech firm Voltaware

BP Ventures has invested £1.5m in London-based energy monitoring company Voltaware.

read more... 11/07/2018

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Chinese, Greek energy giants sign cooperation deal in Athens

Representatives of China Energy Investment Corporation and Greece's Copelouzos Group shake hands during the signing ceremony of a strategic cooperation agreement in Athens, Greece, on July 5, 2018.

read more... 06/07/2018

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