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Belt and Road
Add-on Device Makes Home Furnaces Cleaner, Safer and Longer-Lasting
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.
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
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%.
High Capital Cost for Renewables to Persist in 2023: Report
But its impact on prices and technology will vary amongst developers.
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
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
Amazon, Vibrant Energy to Develop 300MW Renewable Projects in India
Once completed, it is expected to produce 1.163 million MWh of clean energy.
Energy Storage Battery
Major Energy Players Seal Big Deals for Renewables
The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios.
Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wednesday, as part of its aim to halve its carbon emissions by 2030.
Shell to Acquire Nature Energy
Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners, and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S for nearly US$2 billion.
Zenith Energy Secures a$440m Debt Financing
It will be used for its new generation projects, amongst others.
EDF Signs for Additional 2 Billion Euros of Loans
Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space as reduced nuclear output weighs on its books.
Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan
Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestment plan.
Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion
Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas.
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
Cleancapital Acquires 35 MW Distributed Solar Portfolio in New Jersey
Zimbabwe: Tanganda Tea Company Invests U.S.$8 Million in Solar Projects
Indonesian Utility PLN Seeks Equity Partners for Large Scale PV, Wind Projects
Sonelgaz Seeks EPC Contractors for Solar PV Tender
African Private Equity Firm, Inspired Evolution, Achieves Successful First Close of Its Third Evolution III Energy Transition Net-Zero Climate Impact Fund