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Economy
Sweden
Vattenfall Records Q3 Fall in Wind Profits
Swedish energy company cites lower availability of offshore wind power and lower electricity prices.
H2ermes: Green Hydrogen for a More Sustainable Amsterdam
Hydrogen will play a key role in the transition to a sustainable economy.
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…
Singapore
Singapore Earmarks $49m for Hydrogen, CCUS
Singapore has earmarked $49m to fund research, development and demonstration projects in hydrogen and carbon capture, utilisation and storage over the next five…
Carbon Neutral
Japan PM Suga Sets 2050 Deadline for Carbon Neutrality
Japan's Prime Minister Yoshihide Suga on Monday set a 2050 deadline for the world's third-largest economy to become carbon neutral, significantly firming up the…
Wind Farm
Greencoat Renewables Adds Irish Wind Asset
he An Cnoc project has been acquired featuring five Enercon E70 turbines
United Kingdom
UK Electrolyser Crew Raises £165m War Chest
UK hydrogen electrolyser manufacturer ITM Power has raised £165m through a share offering that will be used to accelerate the company's manufacturing capacity …
Schneider Electric ups 2020 Revenue Forecast as Q3 Returns to Growth
French electrical equipment group Schneider Electric SE raised its 2020 revenue and margin forecasts on Thursday, citing a better-than-expected third quarter he…
Hydropower Plant
Hydro-Québec to Invest in Carillon Generating Station Refurbishment
Canadian public utility company Hydro-Québec has announced an investment of C$750m ($570m) to refurbish its Carillon power generating station.
Hydrogen Fuel Cell Vehicle
Riversimple Opens £150m Funding Raise for Hydrogen Vehicles
Riversimple has revealed plans to raise £150m over the next three years to fund the manufacture of two hydrogen-powered vehicles.
EUBCE 2021 – 29th European Biomass Conference and Exhibition
Biomass , Bioenergy ,Biofuel , Bioeconomy
Digital Energy Transformation
DNV GL Launches Digital PPA Tool
DNV GL has launched a digital power purchase agreement tool to help corporate buyers source renewable electricity supplies.
Oil Field
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Spain
Iberdrola Buys US Utility in $8.3bn Deal
Spanish energy company Iberdrola is acquiring the primary electric utility in New Mexico in a deal valued at around $8.3 billion.
Market Analysis
Green Bonds Market Passes $1 Trillion Milestone Amid Global Turmoil
The green bonds market has passed its greatest milestone by reaching more than $1 trillion in issued bonds since the mechanism emerged in 2007.
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