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Tag: renewable energy

Equinor Backs Ørsted on Wind Power

September 2, 2025September 2, 2025environmental impact, renewable energy, technologyNews

On September 1, 2025, Equinor, the Norwegian multinational energy company, invested nearly USD 1 billion in Ørsted, the Danish wind energy firm. The Equinor investment is a vote of confidence in Ørsted which has faced challenges from the opposition of the US administration to renewable energy. The injection of new capital will enable Ørsted to…(Read more)

Global Energy Transition Investment Surpasses $2 Trillion

February 7, 2025February 7, 2025impact investment, renewable energyNews

US-based Canary Media reports that, in 2024, global investment in the energy transition for the first time passed the $2 trillion mark. The main components of this aggregate number were $757 billion for electrified transportation, $728 billion for renewable energy projects, and $390 billion for power grids, based on Bloomberg data. To read the article,…(Read more)

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