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Energy business
Solar Power Plant
Iberdrola Adds 86MW to Portuguese Renewables Business
Spanish multinational utility Iberdrola is expanding its renewable energy business in Portugal by kickstarting the development of four clean energy projects.
Energy Investment
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…
Wind Farm
Amancio Ortega Partners with Repsol for Its Investment in Wind Power
The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm…
Energy Storage Battery
CATL, China Huadian Join Hands to Develop Energy Storage, Smart Energy Businesses
CATL recently announced a strategic partnership with China Huadian Corporation Ltd. (China Huadian), one of the largest state-owned power generation enterprises…
Chevron has No Plans to Shrink Conventional Energy Business
U.S. oil major Chevron Corp CVX.N has no plans to shrink its oil and gas business for wind and solar energy unlike some rivals
Energy Storage Project
Video: How Tesla Is Quietly Expanding Its Energy Storage Business
Elon Musk announced that Tesla was getting into the energy business in 2015 and now it’s betting that it will become increasingly important for the company.
Energy Storage Battery
Tesla will Surge 58% from Current Levels with Improved Battery Supply Set to Drive an $8 billion Energy Business, Canaccord Says
Tesla could surge 58% from current levels as it shifts focus to its energy storage business, Canaccord Genuity analyst Jed Dorsheimer said in a Monday note.
Solar Power Plant
Engie Commissioned 630 MW of Solar in 2020
The French energy business said PV made up 21% of the 3 GW of new renewables generation capacity it installed last year, with the majority of its total new clea…
DNV Merges Oil & Gas and Renewables Arms into New Energy Business
Assurance and risk management company DNV GL is to combine its current Oil & Gas and Power & Renewables businesses into one new arm called Energy Systems.
Solar Power Plant
Tesla's Solar Energy Business is Bouncing Back
Tesla’s aggressive price cuts in its solar energy business showed signs of paying off during the fourth quarter.
Solar Company
Samsung SDI to Withdraw from Solar Energy Business in China
Samsung SDI will completely pull out of the solar energy material business where China has solidified its leadership.
Energy Storage System
Direct Energy Business to Use Some of World’s Biggest Battery Project
US electricity provider Direct Energy Business will be using some of the world’s largest battery energy storage systems to help cover its customers’ peak dema…
Siemens Energy Looking Into Plant Closures: Unit CEO
Christian Bruch, chief executive officer of Siemens AG’s energy business, discusses the unit's strategy and the spinoff from its parent.
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.
Oil & Gas Trade
Which Oil Major Is Best Prepared For The Future?
European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their core bus…
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