Energy

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Coal-Fired Power Plants

The $15 Billion Plan to Curtail Indonesia’s Coal Industry

The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…

Hydrogen Production

Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan

The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…

Net Zero Emission

New Action Plan Comes Into the Limelight to Accelerate Decarbonisation

With COP27 in full swing, governments have set out an action plan to make clean technologies cheaper and more accessible in a bid to scale up decarbonisation ef…

Natural Gas

Persistent EU Rifts Seen Delaying Any Approval of Gas Price Cap

Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch.

Energy Transition

Global Investment Firm KKR Invests $400m in India’s Serentica Renewables

Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.

Energy Transition

IRENA’s Energy Transition Platform Bags $1b Investments

The platform aims to ramp up funding for renewable projects in developing countries.

Energy Storage Battery

AGL Breaks Ground for 50MW Grid-Scale Battery

It is expected to start operations by mid-2023.

Wind Farm

RWE and Koehler Paper Sign Green Power Agreement

RWE Supply & Trading and Koehler Paper have agreed on a long-term green power supply of up to 175,000MWh per year.

Nuclear Power Plant

These Four U.S. Nuclear Plants Will Start Producing Clean Hydrogen

The U.S. Department of Energy (DOE) is partnering with utilities on four hydrogen demonstration projects at U.S. nuclear power plants.

Electric Car

Indonesia Doubles Down With Downstream EV Push

Indonesia’s state-owned electric utility PT PLN (Persero) has announced extensive infrastructure rollout to accelerate the country’s EV uptake and use.

Energy Storage Battery

Rolls-Royce Delivers Battery Packs for German Virtual Power Plant

Rolls-Royce has announced that six of eight mtu EnergyPacks have been delivered to German energy solutions company VISPIRON.

Hydrogen Project

Israeli and Moroccan Companies Forge Hydrogen Partnership at COP27

Israeli company H2Pro and Moroccan renewable energy developer Gaia Energy have signed a strategic agreement for the co-development of a gigawatt-scale green hyd…

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…

Energy Transition

Brookfield Bets $11.8 Billion on Australia’s Energy Transition

Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…