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Energy Transition
Seven Countries to Share €2.4BN EU Funding to Accelerate Green Transition
It will support measures to reduce emissions in energy, industry and transport in Romania, Czechia, Poland, Lithuania, Hungary, Slovakia and Croatia, as well as…
CCS
DOE Injects $39M R&D Funding Into ‘Buildings as Carbon Storage’ Projects
The US Department of Energy (DOE) has announced $39 million in awards for 18 projects seeking to develop technologies that can transform buildings into net carb…
Hydrogen Production
TotalEnergies to Buy 25% Stake in India’s Adani New Industries in Green Push
French energy major TotalEnergies will buy a 25% stake in Adani New Industries Ltd, as part of a deal with Adani Enterprises Ltd to develop the world's biggest …
TotalEnergies to Splash Out $850 Million on Angola Project
French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola as part of their plans to fu…
Energy Storage Project
Keppel Infrastructure, Jinko Power Ink Deal to Explore Solar Farm, Energy Storage Investment
Jinko will identify 1,000MW projects in its pipeline that Keppel can invest in.
Global Power Synergy’s Green Bonds Oversubscribed by 2.3 Times
The bonds are worth THB12b with tenors of 3-15 years.
Spain
ØRsted Strikes Solar and Onshore Wind Energy Partnerships in Spain
It is participating in the upcoming grid auctions in the country by joining forces with Glide Energy, Rolwind, ARBA Energías Renovables and Ereda
Natural Gas
Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas fie…
Which Businesses Are the Worst Hit by Soaring Energy Prices?
Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.
United Kingdom
UK ‘Urgently Considering’ to Extend Windfall Tax to Electricity Generators
Rishi Sunak has said there are “extraordinary profits” made in the electricity generation sector
Net Zero Emission
More Than 40 Asset Managers Circle 2050 Net Zero Target
These companies manage assets worth $16tn.
Canada
Canadian Solar to Sell 70% Stake in Two Solar Farms to SPIC
The projects cover an area of 2,200 hectares and will have a combined capacity of 738MW.
Germany
Germans Tackle Energy Crisis With €9-A-Month Transport Tickets
A new government scheme offers unlimited travel on all local and regional public transport
Net Zero Emission
Vital Energi Secures £72.3MN Decarbonisation Funding in UK
NHS trusts and law courts set to benefit from Vital Energi's decarbonisation funding from the UK's Department for Business Energy and Industrial Strategy.
Energy Security
UK Energy Services Firm Wood Sells Consulting Unit for $1.9BN
Canada-based firm WSP has bought the business.
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