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Energy Transition

Global Investment Firm KKR Invests $400m in India’s Serentica Renewables

Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.

Carbon Emissions

COP27: Biden Says US Will Meet 2030 Emissions Targets

During his speech at the climate summit, he said the government has put its money where its mouth is on climate change.

Nuclear Power Plant

These Four U.S. Nuclear Plants Will Start Producing Clean Hydrogen

The U.S. Department of Energy (DOE) is partnering with utilities on four hydrogen demonstration projects at U.S. nuclear power plants.

Electric Car

Indonesia Doubles Down With Downstream EV Push

Indonesia’s state-owned electric utility PT PLN (Persero) has announced extensive infrastructure rollout to accelerate the country’s EV uptake and use.

Bentley’s Open-Access Digital Twin Integrates Carbon Calculator

Bentley Systems, Incorporated, an infrastructure engineering software company, announced at COP27 expanded workflows for embodied carbon calculation in the Bent…

Energy Storage Battery

Rolls-Royce Delivers Battery Packs for German Virtual Power Plant

Rolls-Royce has announced that six of eight mtu EnergyPacks have been delivered to German energy solutions company VISPIRON.

Energy Transition

Brookfield Bets $11.8 Billion on Australia’s Energy Transition

Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…

Crude Oil

Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut

Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Wind Power Project

ACWA Power, OIA Ink MoU to Co-Invest in 1.5GW Wind Project in Egypt

The Oman Investment Authority is looking into owning 10% of the project.

Electric Car

COP27: U.S. In Talks With EU on Electric Car Tax Credits

The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…

Energy Transition

Show Us the Money: Developing World at COP27 Seeks Financing Details

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …

Carbon Emissions

EU Proposes Tighter Vehicle Pollution Emission Standards

The European Commission proposed on Thursday broadly tighter limits for vehicle emissions of harmful nitrogen oxides and particulates, including new standards f…

Paris Climate Agreement

BHP Shareholders Vote Against Resolution to Lobby Australian Government on Climate

BHP Group shareholders voted against a resolution calling on the mining giant to lobby the Australian government on its climate change policy at its annual gene…

Tata Power Unit to Build 150MW Solar Project in Maharashtra

It is expected to be commissioned within 18 months from the PPA execution date.