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Offshore Wind Power
Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshor…
Denmark
Equinor to Acquire Danish Solar Power Developer
Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum. …
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
Alok Sharma Calls for Increased Windfall Tax After BP Bumper Profits
Cop26 president says 'excessive profits' must be treated in 'the appropriate way' when it comes to taxation.
Octopus Energy to Take Over Struggling Competitor Bulb Energy
Octopus Energy Group is taking on state-run Bulb Energy’s 1.5 million customers after securing approval from the British Government.
United Arab Emirates
UAE and US in Strategic Partnership to Invest $100bn in Clean Energy Projects
The two countries plan to produce 100 gigawatts of clean energy globally.
Philippines
Philippines’ Meralco Posts 20% Net Income Growth in First Nine Months
Its reported net income stood at P19.8b (US$341m).
Hydrogen Project
ACWA Power, EBRD Sign Sustainable Infrastructure Financing Deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
Australia
ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects
This CEFC investment will accelerate the development of ACEN’s renewables portfolio.
GE’s Renewables Business Reports $1.8bn Loss so Far This Year
Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.
GCC Economies Projected to Grow 6.9% in 2022, World Bank Says
Investing in green growth could drive regional GDP to $13tn by 2050, according to report.
Natural Gas
QatarEnergy in Talks for 30% Stake in Lebanon Offshore Gas Project, Says CEO
State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies…
Emerson Sells Majority Stake in $14 Bln Climate Tech Unit to Blackstone - WSJ
U.S. industrial firm Emerson Electric Co is selling a majority stake in its climate-technologies unit to Blackstone Inc, in a deal that would value the unit at …
Octopus to Take Over Collapsed Supplier Bulb
Octopus will take on Bulb’s 1.5 million customers.
Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices
The Texas-based company posted a net profit of $19.66bn for the three months to September 30.
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