Economy

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.

South Africa

South Africa Urged to Exploit Hydrogen to Become an Energy Exporter

With the world increasingly turning towards countries that have optimal renewable energy resources to provide the clean energy of the future, South Africa is in…

SMR

USDOE Approves $1.355bn Funding for NuScale’s SMR Project

The US Department of Energy has approved a $1.355bn funding vehicle to Utah Associated Municipal Power Systems.

Energy Investment

MENA Gas Investments Surge to $126bln

Apicorp’s optimism is based on the ongoing downstream value chain integration.

Sempra Energy Named To Forbes' JUST 100 List

Sempra Energy's vision to deliver energy with purpose comes to life through our stakeholder-centered approach and leading with environmental, social and governa…

Geothermal Power Plant

Croatia Issues Four Licenses for Geothermal Exploration

The Croatian Ministry of Economy and Sustainable Development has issued licenses for geothermal exploration for energy production purposes at four locations in …

South Africa

South African Economy Recovery Plans Prioritise Energy Security

The South African government’s newly unveiled Economic Reconstruction and Recovery Plan has energy security at the forefront to rebuild the economy post-COVID-…

Hydropower Plant

Scatec Solar to Buy SN Power

Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.