Business

Solar Power Panel

Octopus Energy Sees 11% Increase Solar Pipeline With Zestec Acquisition

Octopus Energy Group’s generation arm has acquired UK solar developer and asset manager Zestec Renewable Energy to build solar power on British businesses’ ro…

Hydrogen Project

BP Doubles Down on Hydrogen as Fuel of the Future

BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop th…

Energy Saving

Reduced French Energy Consumption Largely Owing to Mild Weather, Says Govt

Energy saving measures by households and businesses accounted for only a small amount of a reduction in French electricity consumption in November, most of whic…

Energy Transition

How Southeast Asia Can Futureproof Its Energy Sector

Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…

Denmark

Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion

Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…

Net Zero Emission

UK Government Launches AI Innovation Programme to Lower Carbon Emissions

The UK’s Department for Business, Energy & Industrial Strategy announced an AI innovation programme to achieve net-zero targets.

Solar Technology

British Solar Tech Business Strikes Italian Distribution Deal

British solar thermal design and engineering company Naked Energy today announces their partnership with Italian energy service company X3Energy.

France

France Spends 8.4 Billion Euros to Help Companies With Energy Bills

France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…

Electric Car

GM Offers a Bullish Outlook for Its EV Business, Forecasting Profits in ’25

General Motors told investors that its lineup of electric vehicles will be “solidly profitable” in 2025 in North America and that its EV capacity in the regio…

Net Zero Emission

First UK Deployment of Pioneering Net Zero Technology in Scotland

WORLD-LEADING decarbonisation technology will be deployed in the UK for the first time as part of a collaboration between climate tech company Levidian and solu…

Czech Republic

Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan

The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…

Hydrogen Project

World Bank Group Announces International Low-Carbon Hydrogen Partnership at COP27

The World Bank hydrogen partnership will foster capacity building and regulatory solutions, business models, and technologies toward the roll out of low-carbon …

Net Zero Emission

Turkey Raises Greenhouse Gas Emission Reduction Target for 2030

Turkey will aim to bring its greenhouse gas emissions 41% below business-as-usual levels by 2030, raising the target from 21%, Environment Minister Murat Kurum …

Romania

Romanian Government Partially Regulates Energy Markets Until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…

Energy Transition

Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…