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Construction Begins on £9M Green Energy Hub in Aberdeen

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Construction Begins on £9M Green Energy Hub in Aberdeen

Russian Federation
04-09-2022

Enel CEO Awaits Word on Sale of Russian Unit to Lukoil
Italian utility Enel has no indication on when it can close the sale of its Russian unit, CEO Francesco Starace said on Saturday, adding prospective buyer Lukoil had sought the necessary authorisation.
Net Zero Emission
01-09-2022

Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence
Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion
28-08-2022

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows
Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes in several satellite fields, a presentation seen by Reuters showed.
Solar Power Panel
26-08-2022

QatarEnergy Awards US$631m EPC Contract for IC Solar Project
Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.
United Kingdom
25-08-2022

UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default tariffs
Crude Oil
24-08-2022

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Oil Price
24-08-2022

Energy Bonanza Drives Shareholder Payouts to New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high.
France
24-08-2022

EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price
Minority shareholders in EDF are accelerating their efforts to challenge the price set for the nationalisation of the French energy group, believing the government could lodge its takeover offer with the market regulator imminently.
United States
24-08-2022

Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to come online this decade, Rystad Energy research shows.
France
24-08-2022

Iberdrola Responds to Rumours of Terminating French Power Contracts
Energy price hikes have reportedly forced the energy giant to terminate contracts with thousands of its French customers
Natural Gas
23-08-2022

Germany to Slash Tax on Household Energy Bills
VAT on gas has been cut to 7% to help people with soaring energy costs
Oil Price
22-08-2022

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Wind Farm
20-08-2022

Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements
Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.
Solar Power Plant
20-08-2022

ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project
ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.
Natural Gas
18-08-2022

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first half and warned it would take until 2024 before it could turn a profit again.
United Kingdom
18-08-2022

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Energy Investment
17-08-2022

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and ETFs, researcher Morningstar Inc said on Monday.
Natural Gas
16-08-2022

German Energy Market Would Collapse Without Gas Levy - Habeck
Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister Robert Habeck said on Monday.
Nuclear Technology
16-08-2022

Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies
TerraPower, one of the companies racing to build a small modular reactor (SMR), announced it raised $750 million.
Thermal Coal
16-08-2022

South African Coal Producer Acquires Majority Stake in Windlab Africa
South African thermal coal producer Seriti Resources is seeking to diversify its energy assets and contribute to the country’s green energy transition.
Nuclear Technology
15-08-2022

South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops small-sized nuclear power reactors, called small modular reactors.
Geothermal Power Plant
15-08-2022

New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment
New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo, that would help bolster its renewable power generation amid high demand.
Natural Gas
15-08-2022

German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limited period of time, a copy of his letter seen by Reuters showed on Sunday.
Solar Power Plant
13-08-2022

PPC Renewables Invites Bids for Greece’s Solar PV Plant
A 550MW solar photovoltaic plant will be built in Ptolemaida at a cost of €216m and will be completed by 2024, becoming Greece’s biggest solar PV plant.
Solar Power Panel
12-08-2022

The $369 Billion Promise That Sent Clean Energy Stocks Soaring
For clean energy stocks, the result has been immediate, with solar stocks, in particular, soaring as soon as it became clear that the bill would be passed.

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