Energy economy

Saudi Arabia

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m

​Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…

SINOPEC

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration

World’s largest oil exporting company aims to expand its operations in China.

Electric Car

U.S. Clean Energy Investments Topped $100b in 2021

A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.

Rooftop PV System

France Announces 52 Winners in Rooftop Solar Tender

France’s first tender for commercial and industrial (C&I) rooftop solar systems under the country’s PPE2 multi-year energy procurement programme has resulted …

Indonesia

BW Offshore Wins Extension Deal for Sold FPSO

BW Offshore informed on Wednesday it had received a one-year contract extension for the lease and operation of the FPSO BW Joko Tole.

Wind Farm

CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables

Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2

Europe Looks for Alternatives to Russian Energy

As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.

Firm, Siemens Energy Seal Power Deal

Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to…

Energy Investment

The Strategic Importance of Ukraine’s Energy Infrastructure

Enlit Europe spoke to Christopher de Vere Walker, Director of SEEPX Energy, geospatial data and infrastructural risk specialists with a focus on Russia, Ukrain…

Hy2gen Raises Record €200m Green Hydrogen Investment

Green hydrogen investment platform Hy2gen completed a €200m ($227m) investment round in mid-February – the largest private green hydrogen-focused capital rais…

Wind Farm

Shell Buys into Australian Wind Farm Developer with $4 bln Project Portfolio

Global oil and gas major Shell Plc has agreed to buy a 49% stake in wind farm developer WestWind Energy's Australian arm as it looks to build a low-carbon power…

Joe Biden

Biden Set to Push Plan to Lower Energy Costs

President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…

Chevron Is Buying Renewable Energy Group for $3.15 Billion

Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.

Australia

Australia’s Squadron Plans $2.2bn Renewables Project

Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.

Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project

Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in r…