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Add-on Device Makes Home Furnaces Cleaner, Safer and Longer-Lasting
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERSSaudi Arabia's Crown Prince Mohammed bin Salman
Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers
The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global climate talks in Egypt to scale up supply of so-called adaptation finance.
Net Zero Emission
Shell Signs ‘Large’ Cellulosic Ethanol Deal With Raízen Amid Growing Sustainable Fuel Demand
Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bid to meet growing demand for sustainable fuels.
Rishi Sunak Secures £3.58bn Climate Finance Deal With Kenya
UK PM has agreed to fast-track six renewable energy projects being built in the African nation.
EU Commission Offers €3bn for Innovative Cleantech Projects
It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and cleantech manufacturing.
Shell Signs Agreement to Acquire ECL Business of PANOLIN
Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, the US, and Sweden have entered into agreements to acquire the environmentally considerate lubricants business of the PANOLIN Group.
Carlyle Backs Solar Developer Aspen Power with $350 Mln Investment
Private equity firm Carlyle Group Inc said on Thursday it has invested $350 million to acquire a majority stake in renewable energy developer Aspen Power Partners LLC.
Bosnia and Herzegovina
Bosnia's Power Exports at Risk as People Switch to Electricity for Heating
Bosnia may be forced to cut exports as Bosnians turn to subsidised electricity for heating after a jump in prices for other fuels, including gas, firewood and wood pellets.
World Falling Short on Funding for Climate Adaptation - UN Report
The world is falling far short at rounding up money to help struggling nations adapt to the increasingly dangerous impacts of climate change.
Shell's Flagship LNG Trading Division Made Big Loss in Q3
Gas trading divisions by Shell’s peers performed much better.
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of RNG.
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion ($4.6 billion) loss recorded in the same period last year.
Rising Interest Rates Weigh on Renewable Growth
European renewable stocks have fallen 20% since August.
Biden Unveils $13.5 Billion Package to Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Offshore Wind Power
Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshore wind power company, for an undisclosed sum.
Equinor to Acquire Danish Solar Power Developer
Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum.
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
Alok Sharma Calls for Increased Windfall Tax After BP Bumper Profits
Cop26 president says 'excessive profits' must be treated in 'the appropriate way' when it comes to taxation.
Octopus Energy to Take Over Struggling Competitor Bulb Energy
Octopus Energy Group is taking on state-run Bulb Energy’s 1.5 million customers after securing approval from the British Government.
United Arab Emirates
UAE and US in Strategic Partnership to Invest $100bn in Clean Energy Projects
The two countries plan to produce 100 gigawatts of clean energy globally.
Philippines’ Meralco Posts 20% Net Income Growth in First Nine Months
Its reported net income stood at P19.8b (US$341m).
ACWA Power, EBRD Sign Sustainable Infrastructure Financing Deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
GE’s Renewables Business Reports $1.8bn Loss so Far This Year
Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.
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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