Published:
April 01, 2019
Services:
Government & Non-Profit More...
Priorities:
Evolution of the Power Grid More...
Topics:
Activities:
Acquisition
Further Reading
Evaluating Breakthrough Energy Ventures' impact on the climate tech ecosystem
Case Study | March 02, 2021
In January 2021, Breakthrough Energy Ventures (BEV) announced it had raised a second $1 billion fund following up on the inaugural fund in 2015 of the same size. With the second fund, BEV will target between 40 and 50 startups, emphasizing hard‑to‑decarbonize sectors. To date, BEV has made 36 ... Not part of subscription
Total aims for 100 GW of installed renewable energy capacity by 2040
News Commentary | February 23, 2021
Total is expected to surpass companies like Iberdrola and Ørsted in total installed renewable energy capacity over the next two decades. While its proposed name change to TotalEnergies is a branding move to disassociate itself from its oil and gas roots, the company has made significant strategic ... Not part of subscription
Eni acquires stake in Equinor's and SSE Renewables offshore wind assets in U.K.
News Commentary | March 11, 2021
In particular, Eni has purchased a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) from Equinor and another 10% interest in both assets from SSE Renewables. With this acquisition, the new overall shareholding in Dogger Bank A and B becomes SSE Renewables (40%), Equinor (40%), ... Not part of subscription
by Harshit Sharma
Saudi Aramco's $69.1 billion move has been coming and is an example of the size of investments oil companies will make to maneuver the energy transition. Aramco's move insulates it from the volatility of the transportation fuel market as electric vehicles grow in penetration while also giving it a foothold in the commodity chemicals market. The deal will not be emulated by any of Aramco's peers in the near future, primarily due to the weight of investment and the potential threat of oversupply in the chemicals space as Aramco invests $500 billion in the decade ahead. What remains to be seen is where the Saudi Public Investment Fund invests this capital. Similar to the Norwegian oil fund, it will likely be diversified into non-oil sectors.
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