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)
Tag: renewable energy
Global Energy Transition Investment Surpasses $2 Trillion
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)