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Energy economy
Natural Gas
Germany to Slash Tax on Household Energy Bills
VAT on gas has been cut to 7% to help people with soaring energy costs
Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Wind Farm
Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements
Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.
Solar Power Plant
ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project
ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Natural Gas
German Energy Market Would Collapse Without Gas Levy - Habeck
Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …
Nuclear Technology
Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies
TerraPower, one of the companies racing to build a small modular reactor (SMR), announced it raised $750 million.
Thermal Coal
South African Coal Producer Acquires Majority Stake in Windlab Africa
South African thermal coal producer Seriti Resources is seeking to diversify its energy assets and contribute to the country’s green energy transition.
Nuclear Technology
South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…
Geothermal Power Plant
New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment
New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…
Natural Gas
German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limit…
Solar Power Plant
PPC Renewables Invites Bids for Greece’s Solar PV Plant
A 550MW solar photovoltaic plant will be built in Ptolemaida at a cost of €216m and will be completed by 2024, becoming Greece’s biggest solar PV plant.
Solar Power Panel
The $369 Billion Promise That Sent Clean Energy Stocks Soaring
For clean energy stocks, the result has been immediate, with solar stocks, in particular, soaring as soon as it became clear that the bill would be passed.
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