Energy economy

Investment to Make Africa A World Leader in Renewable Energy

Johannesburg, South Africa, where close to half of its 1.2 billion people have access to electricity, is set to become a world leader in renewable energy.

Market Analysis

Siemens'Gas and Power Sees‘Substantial’Order Growth

The weakening of the global economy accelerated clearly during fiscal 2019, according to Siemens, but the company achieved it fiscal-year guidance. The company …

How Decentralized Solar Solutions Are Powering Global Green Economy Transition

Access to and the productive use of solar energy are a great enabler for many communities especially in rural, off-grid areas where there is no feasible alterna…

Africa Will Need More Power to Meet Its Future Needs

A report published by the International Energy Agency (IEA) has found that current policy and investment plans in the continent are not sufficient to meet the e…

Delek’s Ithaca Completes Chevron North Sea Deal

Israeli firm Delek Group said today that its Aberdeen-based subsidiary, Ithaca Energy, had completed the acquisition of Chevron’s UK North Sea business.

Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO

Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …

Latest Lazard Report：Wind And Solar Will Kill Coal And Nuclear on Costs

The cost of wind and solar continue to decline and are now at the point where they beat, or at least match, even the marginal costs of coal-fired generation and…

Africa must Quadruple Power Investment to Supply Electricity for All

African countries will need to quadruple their rate of investment in their power sectors for the next two decades to bring reliable electricity to all Africans,…

Why would Anyone buy Saudi Aramco?

Saudi Aramco makes more money than any other company on Earth. But low oil prices, the climate crisis and geopolitical risk could deter investors from buying in…

Saudi Aramco: From ‘Prosperity Well' to Energy Behemoth

It has since grown into the world's largest and most profitable company, generating 10 percent of global crude supplies and trillions of dollars in income.

​Renewables Cover 42% of German Power Consumption

If wind and solar energy yields in the fourth quarter equal the average of the last few years, renewables’ share could amount to 42 per cent of Germany’s cons…

Big Oil, Big Corn both Blast Trump Biofuel Plan

Corn farmers, ethanol producers, refinery representatives, energy traders and state and local officials from the Midwest all blasted the Trump administration’s…

India Expressed Plans To Build A String of Renewable Energy Projects

India expressed plans to build a string of renewable energy projects along its western border as part of a programme aiming to reduce dependence on fossil fuels…

New Study to Help Regions Recognize Their Renewable Energy's Potential

The climate crisis is an intricate and multifaceted problem, but by now most of us understand the essence of the thing: emissions bad, renewables good.

EDF Renewables And Tesco Signed Three PPAs for Renewable Energy

EDF Renewables has signed three corporate Power Purchase Agreements (PPAs) with multinational retailer, Tesco, including one distributed solar 20-year agreement…