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Energy Investment
Gov’t Approves $575m Sale of Tullow Oil Plc Assets to Total
Tullow Oil plc has revealed that the Uganda and the country’s tax body, the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the p…
Germany
EnBW Soars on Stellar Renewables Return
EnBW banked adjusted earnings before interest, tax, depreciation and amortisation of €426m from its renewables division for the first six months of 2020
Solar Power Panel
Brazil Zero Rates Import of Certain Solar Products
Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Power Construction
Long Recovery Ahead for India's Power Generation
The relaxation of lockdowns failed to drive power demand.
Oil Price
Oil Major Shell to Write Down up to $22 Billion of Assets in Second Quarter
It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
Electric Car
German Government Raises Subsidy Levels for EVs
The German government will raise the level of subsidies for purchases of electric vehicles (EVs) and increase taxes for cars with higher CO2 emissions.
Electric Car
Zimbabwe:Electric Taxi Service and Charging Network Launched
VAYA Africa, a Mauritius-registered Transportation as a Service company, has launched an electric vehicle service in Zimbabwe as part of the company's rollout s…
Wind Power Project
Trump Administration Extends Tax Breaks for Renewables Projects
Tax credits worth 2.5 cents per kilowatt hour extended for both wind and solar schemes.
Policy & Regulation
IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves
The U.S. Internal Revenue Service has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, …
Solar Power Plant
Financing Arranged for 200MW Ohio Solar Facility
Innergex Renewable Energy has announced the closing of a construction-financing, tax-equity commitment for a 200MW solar facility in southern Ohio.
AXA to Exit Coal Investments in OECD States by 2030
France’s AXA (AXAF.PA) said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policyma…
Insurance
AXA XL Insurance
AXA XL is the P&C and Specialty Risk Division of AXA. We’re known for solving complex risks for mid-sized companies, multinationals and even some inspirational…
Insurance
AXA
Our ambition is to go beyond our traditional role as the “bill-payer” and become a true partner for our customers in their daily lives.
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