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Solar Power Plant

Verano Energy Acquires 116 MWp of Solar Projects in Chile to Bring Local Project Pipeline Past 1.5 GWp Milestone

Verano Energy, a leading solar project developer and EPC company in Latin America, announces that it has acquired 15 solar projects for a cumulated capacity of …

Coal Production

Coal to Dominate the Philippines’ Power Mix by 2031: Fitch

​Coal will dominate the Philippines’ power mix as it is projected to account for 61% of the country’s total power generation by 2031 even amidst efforts to r…

Energy Transition

Asia Needs to Increase RE Capacity 4 Times by 2030 to Fulfil Climate Targets

Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting globa…

Adani Group Gets US$2 Billion in Green Investments

Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…

Carbon Emissions

$11 Million for West Australia Clean Energy Initiatives

The Western Australian Government has dedicated $11 million for seven innovative clean energy projects through the second round of its Clean Energy Future Fund …

Solar Power Plant

Green Ice Cream: Mars Wrigley Unveils Plans for First Factory Powered Entirely by Renewable Energy

Mars Wrigley has unveiled plans to convert its ice cream plant in Steinbourg, France to become the first 100 per cent electrically powered industrial site in th…

CNOOC

China's CNOOC to Raise up to $5.08 Billion From Share Issue

Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…

Iran

US ‘Imposing New Conditions’ in Nuclear Talks, Says Iran

Iran’s foreign minister said Sunday that Washington is “imposing new conditions” in the negotiations to restore the 2015 nuclear agreement.

China

China Energy Maintains Steady Production Growth in Q1

China Energy Investment Corporation (China Energy), a leading energy giant, maintained steady production growth during the first quarter of the year, its spokes…

Net Zero Emission

Ukraine Crisis and Inflation Weigh on ESG Investment Funds

Investment flows to ethical funds fall to $75bn in Q1 amid a sharp drop in risk appetite, IIF says.

Natural Gas

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Malaysia

Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK

Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…

Hydrogen Project

Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030

PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.