Business

Germany

Germany Must Ask High Earners to Help With Energy Relief - Economic Council

Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…

Carbon Emissions

DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…

Shell Signs Agreement to Acquire ECL Business of PANOLIN

Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, the US, and Sweden have entered into agreements to acquire the environmentally considerate lubric…

Smart Grid

E.ON Launches Digital Business to Manage Grid Complexity

Germany-based electric utility company E.ON has launched a subsidiary, E.ON One, in a digitalisation push.

Carbon Emissions

Microsoft's President Warns of Talent Shortage for Tackling Climate Change

Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability.

Green Investment Group Buys BayWa r.e. Bioenergy Platform

Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.

GE’s Renewables Business Reports $1.8bn Loss so Far This Year

Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.

Hydrogen Project

UK Trial Will Inject Hydrogen Into a Gas-Fired, Grid-Connected Power Station

The hydrogen will be injected by Centrica Business Solutions into a gas-peaking plant in Lincolnshire, east England.

Natural Gas

Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward

German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…

Electric Car

Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs

Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy busi…

Ireland

Ireland to Extend Business Energy Supports to Newly Opened Businesses

Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…

Is Westinghouse $7bn Acquisition a Sign of Nuclear’s Revival?

Cameco Corporation and Brookfield Renewable Partners are forming a partnership to acquire US nuclear services business Westinghouse Electric Company, signaling …

Electric Car

GM Launches Energy Storage Business

GM Energy is aimed to provide a range of home, business and electric vehicle (EV) energy storage and charging products and services.

Carbon Emissions

Exxon Signs With Top Ammonia Maker as Its First Client for Decarbonization Business

Exxon Mobil Corp's fledging low carbon energy business on Wednesday struck its first commercial carbon storage deal under an effort to target a projected multi-…

Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier

A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire…