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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

Solar Company
09-01-2023

Financial Close Attaind for Abydos Solar and Amunet Wind Power Projects in Egypt
A financial close has been announced by AMEA Power Ltd. for 1,000-MW Abydos solar and Amunet wind power projects in Egypt, making way for construction to begin.The 500MW Abydos solar plant, which is situated 600km south of Cairo in the Aswan governorate,
Energy Investment
08-01-2023

Canadian Solar Resumes Plans To List Shares In Shanghai
Module manufacturer Canadian Solar first submitted an application for an initial public offering in June 2021.The Shanghai Stock Exchange buildingChinese-Canadian solar module manufacturer Canadian Solar has resumed plans for an IPO on the Shanghai Stock
Energy Investment
06-01-2023

U.S. Oil Majors Focus On Cost Discipline in Spending Plans
As Exxon and Chevron focus more on shareholder returns and less on speculative spending, they are both reining in investments in large international oil projects and focusing more on investing in the Americas.Chevron says it’ll use 70% of its ca
Thermal Coal
06-01-2023

Investors With $2.2 Trillion in Assets Ask Glencore to Disclose Thermal Coal Plans
　　Newlands coal mine produces thermal and metallurgical coal. (Image courtesy of Glencore.)　　Glencore (LON: GLEN) is facing fresh pressure from investors with $2.2 trillion in assets to disclose how the company’s projected thermal coal productio
Solar Company
05-01-2023

Growing Clean Energy for C&I Customers in Kenya
Source: Camco.The third investment of EDFI ElectriFI in energy-as-a-service company Solarise Africa is meant to enable it to fund its operations and grow its asset portfolio in Kenya.In an effort to advance Africa’s access to clean energy, Solar
Energy Investment
04-01-2023

Investing In This Energy Stock Today Could Yield Huge Gains in 2023
The only two stocks I talked about over the last few months both jumped several hundred percent and the stock I’ve found today could eclipse those gains.That company is: Vision Energy Corporation (ticker: VENG ) and its stock is taking off like
Energy Investment
19-12-2022

UAE And Scotland Explore Opportunities In Renewable Energy
The two countries also discussed teaming up on advanced technology, space exploration and carbon neutralityMembers of the UAE delegation, led by Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, with Scottish officials. WamThe UAE and Scotland are
Hydrogen Project
12-12-2022

Low-carbon Hydrogen To Reach ‘Formative Year’ In MENA Region
Markets in the GCC region are expected to leverage their expertise to produce blue hydrogen.
Hydrogen Production
09-12-2022

BP Begins Operating AREH in Australia After Buying 40.5% Stake
BP and its project partners plan to rename the project as the Australian Renewable Energy Hub.
Solar Power Panel
08-12-2022

Octopus Energy Sees 11% Increase Solar Pipeline With Zestec Acquisition
Octopus Energy Group’s generation arm has acquired UK solar developer and asset manager Zestec Renewable Energy to build solar power on British businesses’ roofs, increasing the energy giant’s solar assets by 11%.
08-12-2022

High Capital Cost for Renewables to Persist in 2023: Report
But its impact on prices and technology will vary amongst developers.
08-12-2022

TotalEnergies May Buy Green Power From Fortescue in Papua New Guinea -Regulator
Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company's Papua LNG project from a series of proposed renewable energy projects that a senior official says recently completed feasibility assessments.
United Arab Emirates
08-12-2022

UAE's ADNOC, Taqa and Mubadala Complete Masdar Stake Deal
Abu Dhabi's National Oil Company [RIC:RIC:ADNOC.UL], Taqa (TAQA.AD) and Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday they would all become shareholders in Masdar, the Emirate's flagship clean energy company.
Natural Gas
08-12-2022

Nearly 30% Of British Gas Customers Still Missing Out on Energy Vouchers
Almost a fifth of SSE and ScottishPower customers said they hadn’t got their October or November voucher, according to a survey
Energy Transition
07-12-2022

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln
Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people familiar with the deal said on Wednesday.
United Kingdom
07-12-2022

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge
The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in early 2023, after a judge at London’s High Court refused to hear the case next week.
Energy Investment
07-12-2022

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment
South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, forced to reconsider the timing of green investments.
Romania
06-12-2022

MET Group Enters Romanian Renewables Market
Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar project currently at a late planning stage.
Energy Investment
06-12-2022

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet
North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the UK’s leading service operations vessel (SOV) operator and seize new opportunities in Europe.
06-12-2022

Petrofac Selected by Shell for EPS Services on Omani Project
EPS services provider will undertake three contracts including a five-year EPS contract for Shell’s Block-10 Mabrouk Phase 2 Project.
06-12-2022

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle East for unconventional oil resources.
05-12-2022

EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market
Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the company to buy back electricity contracts on the intraday market on Monday.
Oil Price
05-12-2022

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation.
EU
05-12-2022

France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2030
India
04-12-2022

Amazon, Vibrant Energy to Develop 300MW Renewable Projects in India
Once completed, it is expected to produce 1.163 million MWh of clean energy.

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