Energy

Mainstream and Actis Agree to Sell African Renewables Giant Lekela

Renewable developer Mainstream Renewable Power and investor Actis have signed an agreement to sell the Lekela Power platform to Infinity Group and Africa Financ…

The Green Economy, an Imperative for Economic Sustainability in Africa

As one of the chosen pilot countries, Mozambique hosted a dialogue focused on the green economy in Africa.

Crude Oil

UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting

London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over…

Egypt

Egypt’s Infinity to Become Africa’s Largest Renewable Energy Company

Infinity and Africa Finance Corporation will acquire Lekela Power in deal that includes 2.8-gigawatt portfolio of wind power and greenfield projects

France

France to ‘Be Sued Over Its Plan to Nationalise EDF’

An association of EDF employee shareholders has said the government’s decision defies the interests of its minority shareholders

Energy Storage Battery

Frv and Harmony Energy to Construct UK Battery Storage Project

Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, and UK developer Harmony Energy, have announced the initial construction works of Clay Tu…

Energy Transition

Blockchain Peer-To-Peer Energy Exchange Launches in UK

More than 3,000 British homes have signed up for a peer-to-peer scheme to receive 100% traceable renewable energies.

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

United Kingdom

Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed

A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …

Energy Storage Battery

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…

Worley to Digitise Shell Gulf of Mexico Assets

Engineering giant will focus on five Shell facilities

GE’s Energy Business Will Have a New Name—Vernova

General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate un…

Energy Storage Battery

Dutch Battery Projects Combat Grid Bottleneck

Grid operator Liander and GIGA Storage, developers of large-scale battery systems, have started pilots in the Dutch cities Amsterdam, Alkmaar and Lelystad with …

India

Firetrace Expands Into Chinese and Indian Markets

Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly …

Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market

Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market d…