Kuwait's National Vision 2035 has economic diversification at its heart. This move from hydrocarbon reliance to other sectors is attracting investor attention, as Wendy Atkins reports.

President Obrador aims to mobilise billions in public and private investment to create an alternative to the Panama Canal along the Tehuantepec corridor. 

Up to 18 countries across Latin America have joined China’s new Belt and Road Initiative, hoping to boost their infrastructure development and investment.  

The minister of foreign affairs for Belarus tells fDi why the country is keen to join the WTO and strengthen economic relations with the CIS.

Moldova's wine industry has gained some international recognition but the country remains largely untroubled by tourists, a combination that is enticing some foreign investors.

Miriam Gozalo is an electrification project development manager at BP, one of the largest oil and gas companies in the world. Her work is squarely focused on the energy transition. Read what she has to say about her role working on ultra-fast electric vehicle charging stations in a company that most people associate with drilling rigs and gasoline.

A series of U.S. renewable energy incentives violated international trade rules, according to the World Trade Organization, threatening to stoke tensions between the two countries as President Donald Trump prepares to meet Prime Minister Narendra Modi on Friday.

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.

EON SE is now supplying all of its 3.3 million residential customers in Britain with 100% renewable electricity, the first of the U.K.’s “Big Six” utilities to do so.

This week artificial intelligence (AI)-driven energy storage services provider Stem said that it had formed a partnership with New York-based private equity company Syncarpha Capital to build 28.2 megawatt-hours (MWh) of large-scale storage projects co-sited with solar in Massachusetts.

Community stakeholders and climate experts from the University of Arizona are helping Tucson Electric Power to build an energy portfolio that supports reliable, affordable and increasingly sustainable service over the next 15 years.

Energy generation and consumption is rapidly transforming into a decentralized, decarbonized, and digitized model due to a number of market forces. The declining costs of solar energy systems, as well as the increasing price of energy from the grid has led to grid parity. This has caused PV proliferation to accelerate to such an extent that in the past five years alone, PV installed capacity has increased by 300%. Simultaneously, the EV market is also on the rise and is expected to reach the electrification tipping point by 2030. This is due to support from governments trying to limit the effects of climate change, thus leading to automotive manufactures transitioning their fleets from standard petrol- and diesel-powered cars to EVs. As a result of the acceleration of both of these markets, EV charging has created demand patterns causing an even steeper and faster ramp-up in the evenings than the PV duck curve. , This is causing the grid’s balancing act to be increasingly complex. In order to support this new energy dynamic, advanced management software is required to ensure grid stabilization and to unlock the value of these energy resources.

Last week, California’s Glendale Water & Power (GWP) received approval from the Glendale City Council to move forward with a plan to repower the aging Grayson Power Plant with a combination of renewable energy resources, energy storage and a limited amount of thermal generation.

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.

Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.”

In conjunction with North America’s Smart Energy Week, LG Electronics (LG) is underscoring its role as a top player within the U.S. residential solar market at the 2019 Solar Power International Conference.

Pennsylvania is promoting a new roadmap to electrify transportation by designing policies and setting targets to get more electric vehicles on the roads.

China’s plans to loosen its solar subsidy policy will keep growth of the world’s largest market intact, according to the head of JinkoSolar Holding Co., which is increasing production capacity by as much as 20 percent this year.

BlackRock Inc., the world’s largest money manager, is boosting its bet on clean energy.

Cities and renewable electricity have, respectively, become the habitat and energy of choice globally. The two are increasingly inseparable. Urbanization and electrification trends have turned cities and the grid into leading platforms for human activity, presenting unique opportunities for today’s utilities to partner with municipalities to achieve their smart city goals.

kWh Analytics, a leader in solar risk management, this week announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects, owned by AES, totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capacity for the Solar Revenue Put.

Bank asset management is known to be an opaque subject. Thankfully, Diana Weis and Sarah Disch, each co-heads of the Solar Asset Management groups at their organizations, U.S. Bank and Wells Fargo Bank respectively, shared their expertise with me at SAMNA 2019. They each have over a decade of experience in solar finance. Here are three key takeaways bank asset management experts Weis and Disch shared:

The insurance industry has lots of exposure to climate change. But as Warren Buffet has explained, not so much for companies that do annual policy adjustments, like Berkshire Hathaway. Their exposure is limited because the trends are baked into the premiums. But there is an opportunity for reducing insurance risk due to climate change, and it comes from the insurance industry itself. The business model is to have car insurance salespeople provide leads to virtual electric car charging services. This has perfect demographics because electric vehicle owners are very receptive to solar electricity. Who wouldn’t want a clean transportation solution with local job creation that can’t be offshore?

SOHAR deep-sea port and free-zone has signed a 600-hectare lease agreement with Shell Development Oman (SDO) for land to set up industrial and commercial solar panels. The port is managed in a joint-venture between the Port of Rotterdam and the Sultanate of Oman.

New Energy Equity, Region Five Development Commission (R5DC) and Rural Renewable Energy Alliance (RREAL) last week announced a partnership to develop six solar arrays, totaling 1.5 MW, for Pine River-Backus and Pequot Lakes school districts and Central Lakes College.

Anheuser-Busch President and CEO Michel Doukeris wouldn't give financial details of the agreement, but says it's a smart investment

A series of U.S. renewable energy incentives violated international trade rules, according to the World Trade Organization, threatening to stoke tensions between the two countries as President Donald Trump prepares to meet Prime Minister Narendra Modi on Friday.

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.

Community stakeholders and climate experts from the University of Arizona are helping Tucson Electric Power to build an energy portfolio that supports reliable, affordable and increasingly sustainable service over the next 15 years.

Last week, California’s Glendale Water & Power (GWP) received approval from the Glendale City Council to move forward with a plan to repower the aging Grayson Power Plant with a combination of renewable energy resources, energy storage and a limited amount of thermal generation.

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.

In commemoration of Flag Day, PennWell Corp. is partnering with the Folds of Honor Foundation to raise money for military families. The effort is in conjunction with PennWell’s Wall of Honor, a traveling wall highlighting the names of our military service personnel (past and present) and displayed at all PennWell power generation events in North America. The wall displays the branch, the company and the name of each person honored.

A new partnership between Enel and InnoCentive focuses on the power of the crowd to solve many of the world’s sustainable energy challenges.

Ice Energy, a California firm that uses chunks of ice to cool buildings, has secured $40 million in financing from private equity group Argo Infrastructure Partners LLC.

Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, its biggest step beyond the U.S. so far, according to people familiar with the matter. Tesla is due to sign a memorandum of understanding with local entities in Shanghai, the people said, asking not to be identified as the information isn’t public. Chief Executive Officer Elon Musk was to be in the city for an event with the government on Tuesday, Bloomberg reported earlier. A Tesla representative in China didn’t immediately respond to a request for comment.

Egypt has the potential to meet up to 53 percent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook, released in Cairo last week in the presence of Egyptian government officials and regional decision makers, found that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to $900 million annually in 2030.

Last week, New York Governor Andrew M. Cuomo announced that the New York State Public Service Commission approved two initiatives to increase New York's energy efficiency and energy storage targets.

This week the University of Nevada, Reno announced two discoveries in the Great Basin by the Nevada Bureau of Mines and Geology using a previously untried method for finding unknown, hidden geothermal resources.