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Photovoltaic (PV)
Masdar Buys Out Greece's Terna Energy in €3.2 Billion Deal
Masdar, a renewables developer based in Abu Dhabi, has agreed to acquire a majority stake in Greek energy company Gek Terna.Masdar said in a press release that …
Solar Power Plant
JSW Energy Stock Hits New All-Time High as Subsidiary Wins 300 MW Wind-Solar Hybrid Project
The company's net generation increased by 27% year-on-year (YoY) to 27.9 billion units (BUs) in FY24, driven by higher renewable energy and thermal power ge…
Oil & Gas Trade
Oil Majors Commit $127B to Latin America's Untapped Reserves
Amid the shifting energy landscape, international oil majors have committed a significant $127 billion to Latin America.Collectively, they plan to invest this a…
Offshore Wind Power
Totalenergies, Enbw Win in $3.2 Billion Offshore Wind Site Auction
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …
Hydrogen Production
EU Approves $3.2 Bln in German Hydrogen Pipeline Support
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing Ri…
Electric Vehicle Battery
BMW Cancels $2 Billion Battery Cell Order From Northvolt
German automaker BMW said today that it has canceled a €2 billion ($2.15 billion) order for EV battery cells with Northvolt.German media Handelsblatt and m…
LNG
Malaysia's Genting Signs $1.3 Billion Deal for Floating LNG Facility With Chinese Firm
(From left) Genting COO Tan Kong Han, Genting chairman and CEO Lim Kok Thay and Wison chairman Liu Hongjun at the press conference. PHOTO: THE BUSINESS TIMESGen…
Offshore Substation
European Offshore Wind Substations to Require USD 20 Billion Investment by 2030, Rystad Energy Says
According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estima…
Energy Storage Project
Octopus Energy to Bring Tesla Powerhouse Perks to Customers
The partnership will help customers unlock cheaper energy bills. Image: Tesla.Energy supplier Octopus Energy has partnered with battery giant Tesla to integrate…
LNG
Qatarenergy, Exxon Seek to Remove Contractor From Texas Gas Project
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File PhotoOwne…
Renewable Energy
Adani Group to Invest $100 Billion in Energy Transition: Gautam Adani
Adani Group plans to invest over $100 billion in energy transition projects.Gautam Adani, Chairman of the Adani Group, delivered a keynote address at the 'I…
Hydrogen Production
Broaden Energy Invests $272M to Set up Hydrogen Equipment Plant in Abu Dhabi
The Abu Dhabi Department of Economic Development has signed a preliminary agreement with energy solutions company Broaden Energy, which will invest Dh1 billion …
Oil Field
Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of …
Renewable Energy
Saudi Arabia's PIF Plans to Invest $15 Billion in Brazil, Says Brazilian Minister
Saudi Arabia's Public Investment Fund (PIF) intends to invest some $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable ener…
Nuclear Reactor
The World's Only Coal-To-Nuclear Reactor Plant Just Broke Ground in Wyoming
Bill Gates’ TerraPower broke ground yesterday on its Natrium nuclear reactor plant, making it the first advanced reactor project ever to start constructio…
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