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South Africa

CSP Project Achieves Financial Milestone on Its Way to Clean Energy Provision

The Redstone Concentrated Solar Power (CSP) Project, South Africa’s largest renewable energy investment to date, has achieved its first debt drawdown.

Hassyan Power Plant Adds 1,200MW to Dubai’s Electric Grid

The production capacity of Hassyan power complex has reached 1,200 megawatts, according to the Dubai Electricity and Water Authority.

Wind Farm

RWE Installs Substations for 350MW Polish Wind Farm

German multinational utility RWE has selected French firm Chantiers de l’Atlantique for the supply, engineering, installation and commissioning of a substation…

Hydropower Sustainability Fund Applications Open to over 40 Countries

Hydropower project developers and operators from over 40 countries can apply for a sustainability fund backed by the Swiss government, along with the Internatio…

Nuclear Power Plant

EDF to Buy Part of GE Steam Power’s Nuclear Activities

EDF has confirmed it would buy part of GE Steam Power’s nuclear energy activities, including its nuclear turbine unit in France.

LNG

Qatar's Asian Gas Contracts Hamper Ukraine Planning

Qatar's deepening trade in natural gas with Asia is complicating global efforts to protect Europe from the threat of an energy squeeze by Russia.

2022 Will Be A Critical Year for Wind Power

Both GE and Siemens lost out on revenue from wind power last year, so what’s happening in the world of wind and can we expect better results this year?

Hydropower Plant

Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability

​The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes…

Energy Transition

“Australia Is Falling Behind:” Clean Energy Investment Shackled by Outdated Rules

​Some of the world’s largest investors in clean energy projects have called on Australian regulators to hurry up and remove outdated energy market rules that …

Offshore Wind Power

Eni Acquires 20% Stake in Dogger Bank C Offshore Project in UK

Italian oil and gas company Eni has acquired a 20% stake in the Dogger Bank C offshore wind project in the UK following the completion of agreements with SSE Re…

Saudi Arabia

Aramco Shares Switch May Boost Saudi Renewables

Saudi Aramco, the world's largest oil-exporting company, transferred 4% of its shares to the kingdom's Public Investment Fund, which is expected to use the proc…

Natural Gas

‘Poland’s Gas Plans Will Stop Net Zero Aims’

A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.

Hydrogen Project

India’s Reliance Aims to Be World’s Leading Blue Hydrogen Producer

Reliance Industries, led by Mukesh Ambani, Asia’s richest man, aims to be among the largest producers of blue hydrogen at “competitive cost” in its green ene…

Oil Price

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis

Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…

Natural Gas

Equinor Posts US$15bn Earnings on High Gas Prices

Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.