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Construction Begins on £9M Green Energy Hub in Aberdeen

Renewable Energy

Construction Begins on £9M Green Energy Hub in Aberdeen

22-07-2022

Amazon Announces $20,000 Green Grant for Sustainable Retailers
E-commerce giant is awarding US green retailers $20,000 grants to promote the adoption of sustainable practices
United Kingdom
21-07-2022

ZeroAvia Attracts $30MN in New Funding
New investment from Barclays, NEOM, AENU and IAG will further advance ZeroAvia’s 2-5MW hydrogen-electric powertrain development program.
21-07-2022

Energy Giants Pen $4BN Algeria Oil and Gas Contract
The contract that will last more than two decades will see companies increase oil and gas production in Eastern Algeria fields.
20-07-2022

Algeria’s Sonatrach Strikes Production Deal With TotalEnergies, Occidental and Eni
New production-sharing contract is for 25 years for onshore blocks in eastern part of North African country
20-07-2022

Mainstream and Actis Agree to Sell African Renewables Giant Lekela
Renewable developer Mainstream Renewable Power and investor Actis have signed an agreement to sell the Lekela Power platform to Infinity Group and Africa Finance Corporation (AFC).
20-07-2022

The Green Economy, an Imperative for Economic Sustainability in Africa
As one of the chosen pilot countries, Mozambique hosted a dialogue focused on the green economy in Africa.
Egypt
19-07-2022

Egypt’s Infinity to Become Africa’s Largest Renewable Energy Company
Infinity and Africa Finance Corporation will acquire Lekela Power in deal that includes 2.8-gigawatt portfolio of wind power and greenfield projects
France
19-07-2022

France to ‘Be Sued Over Its Plan to Nationalise EDF’
An association of EDF employee shareholders has said the government’s decision defies the interests of its minority shareholders
19-07-2022

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region
Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects including US$93 billion worth of committed projects and US$157 billion worth of planned projects
19-07-2022

Worley to Digitise Shell Gulf of Mexico Assets
Engineering giant will focus on five Shell facilities
19-07-2022

GE’s Energy Business Will Have a New Name—Vernova
General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate under new brand names.
India
19-07-2022

Firetrace Expands Into Chinese and Indian Markets
Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly expanding renewable energy markets.
19-07-2022

Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market
Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market develops.
18-07-2022

Petronas Says Taking Steps to Protect Global Assets After Seizure of Luxembourg Units
Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries were served with a seizure notice last week over a dispute with the heirs of a late sultan.
18-07-2022

Agreement to Acquire an Interest in a Lithium Project
Greenland Minerals to earn in 51% in the Villasrubias lithium exploration licence located in Spain’s most renowned province for technology metals exploration
17-07-2022

Energy Blockchain Startup FlexiDAO Secures Google and Microsoft Backing
FlexiDAO plans to scale its renewables tracking platform, particularly in the US and Europe, with $6.5 million raised in Series A funding.
16-07-2022

TGS Acquires Stake in NASH Renewables
TGS, a global provider of energy data and intelligence, has announced its investment in NASH Renewables, a start-up developing software-as-a-service (SaaS) solutions for the prospecting, construction, and operations of wind energy projects.
15-07-2022

European Renewable PPA Prices Soar by 47% Year-On-Year
PPA prices have taken a steep 16% hike in their fifth consecutive quarter of growth, according to a report
14-07-2022

Cost-Competitive Renewables Save $55B in Global Energy Generation in 2022
Electricity costs from wind and solar power declined in 2021.
United Kingdom
14-07-2022

UK Regulator Ofgem Threatens Action on Inadequate Payment Policies
Ofgem has told utilities to "take immediate action” in reinforcing policies around direct debits, and remain vigilant of rising costs.
14-07-2022

ReNew Refinances Dollar-Denominated Bonds
It issued $525m bonds in 2019 that will mature in 2024.
13-07-2022

CLP Group, CDPQ to Hold Equal Stake in Apraava Energy
CLP has sold a 10% stake in Apraava to CDPQ
13-07-2022

On-Site Energy Generation Could Wield Significant Savings for Companies
Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could help cut corporation energy bills and their carbon footprint.
Singapore
13-07-2022

Singapore Is 3RD Most Attractive Market for Energy Sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
Energy Storage Battery
13-07-2022

Equinor Acquires US Energy Storage Developer
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC.

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