Economy

Solar Technology

RES Targets Solar Surge with 1GW Pipeline

Developer has a total of 23 new projects in UK and Ireland ranging from 12MW to 120MW

Hydrogen Project

Lightsource BP Joins Welsh Project to Expand Hydrogen Economy

Lightsource bp has announced participation in the South Wales Industrial Cluster deployment project, which has secured funding of nearly £20 million from UK Re…

Energy Investment

Saga Pure Takes 33% Stake in Liquid Hydrogen Storage Technology Company

Following the private placement, Saga will have an ownership of approximately 33% in the company.

Octopus Energy Group to Acquire Sister Company Octopus Renewables

UK-based Octopus Energy Group has announced plans to acquire its sister company Octopus Renewables.

SINOPEC

China's Sinopec Raises 2021 Capital Expenditure by 23.8%

Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…

Crude Oil

Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets

onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM

United States

Apple to Generate 1.2GW from 2020 Green Bond Projects

American multinational technology company Apple has announced that it will generate 1.2GW of renewable energy capacity from the green bonds the firm issued in 2…

Liquid Hydrogen

Saga Pure Invests $3.5m in Liquid Hydrogen Storage Technology Company

Saga Pure is to take a 33% stake in IC Technologies, a company developing a novel storage solution for liquid hydrogen and liquified natural gas.

Energy Investment

UK Funds 254MW Clean Energy Projects in South Africa

UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.

Electricity Trade

Kyrgyzstan and Uzbekistan Reached a Power Swap Agreement

According to news from the Press Center of the Ministry of Economy and Finance of Kyrgyzstan, Kyrgyzstan and Uzbekistan recently reached an agreement on power s…

RWE Secures BBB+ Fitch Rating

Agency acknowledged German energy company’s focus on expanding renewables capacity

Noble Corp. to Combine with Pacific Drilling

Offshore drilling contractors Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Dril…

Wind Farm

RWE Makes Investment Decision on Sofia Offshore Wind Farm, UK

RWE has made a financial investment decision on its largest offshore project, the 1.4GW Sofia Offshore Wind Farm, in the UK.

Energy Investment

Air Liquide to Invest €8bn in the Low-Carbon Hydrogen Supply Chain

Air Liquide is accelerating its hydrogen developments to at least triple its turnover to more the €6bn by 2035, the industrial gas giant has confirmed.

Energy Storage Battery

VEST Energy Announces Battery Trading Agreement with IBNE

Cleantech trading house VEST Energy has signed a long term battery trading and offtake arrangement with Infra Balance New Energy.