BP and Abu Dhabi based Mubadala Investment are apparently buying stakes in the Nour gas concession in offshore North Sinai. The purchase has, as per reports, had been approved by Egypt’s petroleum minister. For the record, Nour is situated near the Zohr gas field, in …
JinkoSolar Holding Co. Ltd. (JinkoSolar), the renowned Chinese solar panel manufacturing company, has reportedly announced that it provided 132 MW of PV modules for Techren Solar 1 Project construction of Swinerton Renewable Energy (SRE) in Nevada’s Boulder City. Reports cite, SRE, a solar and energy …
The investment will be used to develop the region’s renewable energy sectors and attain higher energy output Croatia’s national power company, Hrvatska elektroprivreda (HEP) has recently announced plans to invest around 1 billion Croatian Kuna ($153.96 million) a year on average until 2030, to boost …
SB Energy, a Japan-based renewable energy management company and Adani Green Energy Ltd (AGEL) are currently in the news for having won 840 MW out of a total of 1,200 MW at the first solar-wind hybrid auction conducted by SECI (Solar Energy Corporation of India …
Belgium and the UK keen on increasing their electricity supplies The Nemo Link will enable up to 1,000 MW of electricity to flow between Britain and Belgium Belgian grid operator Elia and British National Grid have reportedly launched their $764 million (600 million pound) joint …
Minnesota-based Xcel Energy has recently made an announcement committing itself to achieve 100% carbon-free electricity throughout its service territories by 2050. The utility giant has successfully reduced carbon emissions by 35% as compared to 2005 levels, as the company looks to lower its carbon footprint …
Faroe Petroleum, the UK based O&G firm, has recently concluded a deal to exchange Norwegian O&Gassets with Equinor. The agreement is being viewed as a move that will allow the company to return cash to its shareholders during a time when its is facing a …
Denmark based offshore wind developer Ørsted has reportedly acquired Deepwater Wind, the U.S. offshore wind developer in an attempt to expand into the U.S. offshore wind industry. The firm’s name will be changed to Orsted US Offshore Wind and Ørsted has allegedly paid $510 million …
