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Energy
Energy Technology
HDF and Teréga Launch HyGéo Project
Hydrogène de France and Teréga have signed an agreement to develop mass hydrogen storage solutions in salt caverns for multiple applications.
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Energy Saving
Driving Manufacturing Efficiency Through Gas-Generated Energy
Industries around the world are investing in alternatives such as gas-generated energy to supplement their electricity supply to ensure they can continue operat…
Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Wind Farm
Repsol to Purchase 1.6GW of Renewable Assets in Chile
Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Thermal Plant
Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant
Wärtsilä will deliver engineering, construction, dual-fuel engines and energy storage capacity for a new power plant in the U.S. Virgin Islands.
Oil & Gas Trade
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Electricity Transmission
Iberdrola Slams UK’s Proposal for Lower Network Returns
Spanish utility Iberdrola's chief executive, Ignacio Galan, has strongly criticised UK energy regulator Ofgem's proposal to cut the allowed return on equity for…
Wind Energy Technology
Tunisia Tackles Wind Energy with Wind Lidar
Technical consultancy Firnas Shuman delivers one-year ZX Lidars wind measurement campaign for major developer
Energy Investment
Efficiency Companies Raise $858 Million In VC Funding In 1H 2020
Funding into Battery Storage and Efficiency companies was down in the first half of 2020
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012
Electric Car
Electric Vehicle Market Likely to be Rs 50,000 Crore Opportunity in India by 2025
The electric vehicle market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrificatio…
Microgrid
Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid
Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine.
United Kingdom
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
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