Bill

On-Site Energy Generation Could Wield Significant Savings for Companies

Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could …

Nigeria

Game Changing $1.3BN Funding for Nigerian Green Energy Project Launched

Image: PixabayUnder the Team Europe Initiative (TEI), the European Union (EU) has launched a $1.35 billion Nigerian Green Energy Project.The project is meant to…

Coal Price

Australia Forecasts Record Mining, Energy Export Sales for 2023

Australia's mining and energy export revenues are forecast to climb 3% to a record A$419 billion ($286 billion) in the year to June 2023, buoyed by surging coal…

Energy Transition

Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition

Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…

Oil Shale

Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion

U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…

Nigeria

Minigrids to Provide Power to Nigerians Not Currently Being Serviced

Nigeria has the world’s largest minigrid market valued at $9 billion and if explored, it could provide electricity to millions in country who are currently wit…

Amazon and Equinor Join Bill Gates to Back Ex-Tesla and First Solar Execs’ ‘Industrial Scale’ Green Hydrogen Tech

US start-up Electric Hydrogen draws stellar list of backers as it looks to deploy 100MW-plus electrolyser systems aimed at decarbonising heavy industry

Net Zero Emission

‘Net Zero Will More Than Double Australian Energy Bills’

A new report claims closing coal-fired power stations isn’t the way to go

India

New Report Shows That India Will Require $223 Billion to Meet RE Goals

​India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by researc…

Wind Power Project

ACWA Power-Led Consortium Signs Agreement for Wind Project in Egypt

ACWA Power has inked a project agreement to develop a 1.1 GW wind project in Egypt at an investment value of US$1.5 billion.

United States

Solar Consortium Pledges $6BN for American-Made Modules

Leading solar developers have committed to spending $6 billion on American-made modules to support the expansion of the domestic solar supply chain.

Solar Power Panel

US Solar Developers to Spend US$6B to Boost Local Panel Supplies

A group of US solar energy project developers yesterday said they would jointly spend about US$6 billion (RM26.4 billion) to support expansion of the domestic s…

Hydrogen Project

$5 Billion Green Hydrogen Project Launches Between Adani and TotalEnergies

The renewable H2 initiative is meant to help India to cut back on its oil and coal imports.

Russian Federation

Enel Offloads Its Russian Assets for €137M

The company is forecasting a hit of approximately €1.3 billion on net income.

United Kingdom

UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices

Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a …