Energy Investment Brief — August 21, 2026

Today's Developments

CATL Targets Lithium-Air Batteries for 1,000-Mile EV Range¹ (Geeky Gadgets)

CATL, the world’s largest battery manufacturer, is shifting its focus beyond solid-state batteries to explore the possibilities of lithium-air technology. According to Undecided with Matt Ferrell, lithium-air batteries present a theoretical energy density of …

Aramco, Maaden Sign Agreement for Transition Minerals JV² (Rigzone)

The Saudi state-owned companies signed an agreement to create a joint venture to explore and mine copper and other energy transition minerals at home.

India’s Shanti Act opened up the field of nuclear energy but the cost arithmetic looks unfavourable³ (Livemint)

India is aiming for 100GW of nuclear capacity by 2047 but the electricity tariffs of these plants are unlikely to be competitive in the face of cheap renewable energy options. The Centre may need to offer a fiscal support package for project viability.

Capital Dynamics buys Kerry battery energy storage site⁴ (RTE)

Global private asset management firm Capital Dynamics has agreed a deal to buy a ready-to-build battery energy storage system (BESS) project in Knockanure in Co Kerry.

Continental Resources to Acquire 50% Interest in Phoenix Global Resources, Forming Joint Venture Operating Company with Mercuria Energy Group⁵ (PRNewswire)

Key Highlights: JV creates a Vaca Muerta portfolio spanning approximately 163,000 net acres across six blocks Greater than 28 kboepd of current production with a path to more than 100 kboepd Greater than $4 billion in expected capital deployment over the next…

Baytex Energy Eyes Duvernay Growth After Eagle Ford Sale, Ramps Up Buybacks⁶ (MarketBeat)

Baytex Energy (NYSE:BTE) CEO Chad Lundberg outlined the Canadian-focused oil producer’s strategy following the December 2025 sale of its Eagle Ford position,...

Founder Group Secures US$1.5 million EPCC Subcontract under Malaysia’s Corporate Green Power Programme for 29.99MWac Large-Scale Solar Facility in Kedah⁷ (Financial Post)

KUALA LUMPUR, Malaysia, Aug. 20, 2026 (GLOBE NEWSWIRE) — Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), has been engaged as subcontractor under Malaysia’s Corporate Green Power Programme (CGPP) …

Bihar: Tata Power launches Har Ghar Solar initiative, to adopt rooftop solar system in 5 lakh homes⁸ (The Times of India)

Tata Power Renewable Energy launched its 'Har Ghar Solar' initiative in Bihar on Thursday. This program aims to facilitate rooftop solar adoption in five lakh homes over three years. The initiative is backed by the state government and offers significant comb…