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OPEC Chief Stresses Energy Cooperation With China
Biofuel
07-08-2021
Shell Biofuel JV Starts Trading
Shell has begun trading shares of Raizen, its renewable energy joint venture with Brazilian energy company Cosan, on the Sao Paulo Stock Exchange, following an initial public offering.
Offshore Wind Power
06-08-2021
Beatrice Offshore Transmission Assets (OFTO) Sold
The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners as the preferred bidder for the offshore transmission licence for the Beatrice Offshore Windfarm as part of a competitive Offshore Transmission Tender
Energy-Eficient Building
06-08-2021
EU Backs Financing for Greener Homes and Businesses in North Macedonia
On successful completion of the projects, borrowers will be eligible for up to 20% cashback, funded by the European Union.
Offshore Wind Power
06-08-2021
TotalEnergies Eyes Stake in World’s Largest Offshore Wind Farm
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
Solar Power Plant
05-08-2021
PMSE Secures Financing for Cirata Floating Solar Plant in Indonesia
The floating solar plant is scheduled to begin commercial operations in the fourth quarter of next year.
Energy Investment
05-08-2021
Hyundai to Take Stake in German Hydrogen Fuelling Group H2 Mobility
Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.
Solar Power Plant
04-08-2021
Enlight Acquires Solar and Energy Storage Developer
Enlight Renewable Energy has achieved all required regulatory approvals to acquire a 90.1% share of Clēnera LLC, a company in the field of initiation, development, construction and operation of solar energy and U.S. energy storage projects.
Electricity Transmission
04-08-2021
Victoria Plans Grid Upgrades to Support Renewable Energy Zones
The Australian state of Victoria has unveiled six grid upgrade projects as part of efforts to unlock new renewables investment.
Wind Farm
03-08-2021
MET Group Acquires 60 MW Suvorovo Wind Farm in Bulgaria
Swiss-based gas and power trader and electricity producer MET Group has bought a 60 MW wind farm in Bulgaria within a plan to boost its operational renewable power portfolio in Central and East Europe to 500 MW by 2023.
India
03-08-2021
India’s Adani Sets up Petrochemical Subsidiary
Major Indian conglomerate Adani Enterprises has set up a new subsidiary, Adani Petrochemicals, to invest in refineries, petrochemical complexes, specialty chemical units, hydrogen and related chemical plants.
Australia
02-08-2021
Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm
Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion, in a deal that would create a top-20 global oil and gas company.
Energy Investment
02-08-2021
Dhaka Seeks US-Investment in Off shore's Oil, Gas Exploration
Tawfiq-e-Elahi Chowdhury encouraged ExxonMobil officials to invest in Bangladesh during a meeting held with senior officials of ExxonMobil at the Bangladesh Embassy in Washington DC on July 30
Crude Oil
02-08-2021
Energy Import Bill up 131 pct in June 2021
Turkey's energy import bill increased by 131 percent to $3.63 billion in June this year compared to the same month last year.
Market Analysis
01-08-2021
Can G7 Countries Compete With China’s Belt And Road Initiative?
Following the expansion of Chinese-led projects in many emerging markets over the past decade, the G7 has unveiled its own initiative to support global infrastructure development, dubbed Build Back Better World.
Energy-Eficient Building
30-07-2021
KENYA: London Funds 10,000 Green Homes and Supports Electric Mobility
The UK government is announcing a series of green investments in Kenya, worth £132 million, more than $183 million.
Power Cable
30-07-2021
Nexans Publishes Half-year 2021 Earnings
"Nexans is now a structured, healthy and solid Group. We will continue to trigger structural value growth while amplifying our impact on energy transition,” says Christopher Guérin, Nexans’ CEO.
United States
30-07-2021
Tesla’s Solar and Energy Storage Business Rakes in $810M, Finally Exceeds Cost of Revenue
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business.
Energy Transition
30-07-2021
Chevron Sets up Energy Transition Unit, Names Company Insider As Head
Chevron Corp on Thursday announced the creation of a new unit to manage the second largest U.S. oil producer's low-carbon investments, with an initial focus on alternative energy sources like hydrogen and technologies including
Power Construction
30-07-2021
Clean Energy, Aging Grid to Get Big Boosts Under Infrastructure Deal
Measure includes funding for electric vehicle charging stations across the U.S., thousands of miles of new high-voltage transmission lines.
South Korea
30-07-2021
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
Italy
29-07-2021
Prysmian Energy Earnings Rise 12% in H1 2021
Growth attributed to volume increases and cost efficiency measures
Portugal
29-07-2021
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Smart Grid
29-07-2021
Iberdrola and EIB Sign Loan Agreement for Spanish Electricity Infrastructure
The loan is intended to help improve the reliability, efficiency and security of Spain's renewable energy supply.
China
28-07-2021
China Energy Engineering Group Merges with China Gezhouba Group
After the merger is completed, Gezhouba Group will terminate its listing.
Electricity Transmission
28-07-2021
RBC Bearings to Acquire ABB’s Power Transmission Division for $2.9bn
The transaction is intended to create a manufacturer of performance-critical bearings and motion control components.
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