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GE’s Renewables Business Reports $1.8bn Loss so Far This Year
Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.
Global Open-Source Data Platform Launched for Clean Energy Solutions
The programme was launched by the Access to Energy Institute (A2EI) and the European programme GET.invest during the Global Off-Grid Solar Forum and Expo 2022 i…
Smart City
Southern Gas and Habitat for Humanity Partner on Smart Energy Communities
Two smart energy communities in the US, which will consist of a total 30 single-family net zero homes, are being planned and will equip residents with a combina…
United Kingdom
UK National Grid to Debut Grid Park Energy Superhub
National Grid is to debut its first ‘grid park’ in Bedfordshire, touted as an energy superhub, which will connect three separate customers to a supergrid tran…
GCC Economies Projected to Grow 6.9% in 2022, World Bank Says
Investing in green growth could drive regional GDP to $13tn by 2050, according to report.
Crude Oil
World Set to Lose 5 Million Barrels of Oil per Day if Investment Stops
The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and grou…
Hydropower Plant
Eesti Energia Receives State Support for Pumped-Storage Hydroelectric Power Plant
The joint agency of Enterprise Estonia and KredEx has allocated €584 950 for Eesti Energia to prepare the construction of Estonia’s first hydroelectric energy…
Energy Storage Project
GSF Purchases 200 MW Storage Project
GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…
Fortescue Future Industries Invests in Zhero
Fortescue Future Industries (FFI) is investing in Europe and US-based green hydrogen and renewable energy development company, Zhero.
Wind Farm
Enel Green Power Commissions 29 MW Wind Farm in Italy
Enel Green Power’s commitment to the energy transition and the growth of the renewables in Italy continues.
Wind Turbine
Wind Unfavourable for EU Wind Turbine Orders
Turbine orders across Europe plummeted 36% in the third quarter, according to a report.
Natural Gas
QatarEnergy in Talks for 30% Stake in Lebanon Offshore Gas Project, Says CEO
State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies…
Hydrogen Production
UAE Targets Clean Projects at 50% of Energy Mix by 2050
The United Arab Emirates aims to increase the share of clean energy projects to 50% of its overall energy mix by 2050.
Emerson Sells Majority Stake in $14 Bln Climate Tech Unit to Blackstone - WSJ
U.S. industrial firm Emerson Electric Co is selling a majority stake in its climate-technologies unit to Blackstone Inc, in a deal that would value the unit at …
Saudi Arabia, UAE Boosting Output, Working on Clean Hydrogen -Saudi Energy Minister
Saudi Arabia and the United Arab Emirates, two of the world's biggest oil producers, are boosting output and refining and working on clean hydrogen.
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