Renew

Solar Power Panel

Octopus Energy Sees 11% Increase Solar Pipeline With Zestec Acquisition

Octopus Energy Group’s generation arm has acquired UK solar developer and asset manager Zestec Renewable Energy to build solar power on British businesses’ ro…

High Capital Cost for Renewables to Persist in 2023: Report

But its impact on prices and technology will vary amongst developers.

Wind Farm

Australian Government to Underwrite Renewable Energy Capacity

The Australian government has agreed to underwrite new wind and solar farms backed by energy storage, in hopes of unleashing investment at least A$10 billion ($…

TotalEnergies May Buy Green Power From Fortescue in Papua New Guinea -Regulator

Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company's Papua LNG project from a series of proposed renewable en…

Energy Storage Battery

EDF Renewables UK Signs Contract With Wärtsilä for Energy Superhub

EDF Renewables UK has signed a contract with global technology company Wärtsilä for a new transmission-connected battery storage facility in Sundon, Bedfordsh…

Denmark

Ørsted and Skovgaard Energy to Develop Large Scale Power-To-X Facility

Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to jointly develop a power-to-X facility in Denmark with one o…

Energy Transition

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln

Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people f…

Wind Farm

Billionaire Forrest Aims to Develop 5 GW of Wind Farms by 2030

CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030.

Romania

MET Group Enters Romanian Renewables Market

Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…

Offshore Wind Power

Orsted Eyes One of Europe’s Largest Green Hydrogen Plants to Tap North Sea Offshore Wind

Danish renewables giant partners with compatriot developer for power-to-x facility it says could grow to 3GW of electrolysis

Net Zero Emission

Global Renewable Power Capacity Growth Set to Double by 2027, IEA Says

Energy crisis a 'historical turning point' towards cleaner energy, IEA's executive director Fatih Birol says.

Denmark

ØRsted and Skovgaard Energy Team up on Power-to-X Facility in Denmark

Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to jointly develop a Power-to-X facility in Denmark.

United Arab Emirates

New UAE Law Regulates Renewables Production Units Link to Grid

This is in line with UAE’s plan to diversify renewable energy sources.

Oil Price

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap

The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…