Unlike a majority of cheap solar PPA agreements in the U.S, Idaho Power’s move comes in the market’s fledgling state. The move comes immediately after the company announced its plan to generate 100% clean energy by year 2045. Idaho Power Company (Idaho Power), an Idaho-based …
In a recent turn of events, ABB and Rolls-Royce have reportedly partnered over advanced automation and microgrid technology under which the companies will collectively provide an innovative, energy-efficient microgrid solution for industrial, utilities, and commercial entities. Indeed, consistent power supply, even in times of peak …
Exxon declared that it is planning to enhance its capital spending to $30 billion in 2019 up from $26 billion in 2018. Exxon Mobil, the Irving headquartered American multinational oil and gas corporation recently discussed the sale of its Nigerian oil and gas fields. According …
At the closing of the SABIC deal, Saudi Aramco would pay 50% of the acquisition price, while the remaining payment would be done over a two-year period According to a presentation given by Saudi Aramco to bond investors, the state owned petroleum and natural gas …
The acquisition aligns with the company’s commitment of building 2GW renewable power projects in India Actis LLP, a leading UK-based private equity company, has reportedly acquired 194 MW (megawatts) of operating solar power from Shapoorji Pallonji Infrastructure Capital (SP Infra), for its renewable energy platform, …
The production from Johan Sverdrup is expected to start till November 2019 Lundin Petroleum AB (Lundin Petroleum) has completed the Johan Sverdrup development project’s installation. The installation of the riser and drilling platforms was done in 2018, and now, installation of the remaining topside facilities, …
The deal has been finalized after months of talks between PIF and Aramco, which caused a delay of Aramco’s planned multi-billion-dollar IPO Saudi Aramco has reportedly announced it will buy a 70% stake in Saudi Basic Industries Corp (SABIC), currently held by Public Investment Fund …
In 2018, CIT bagged second position for the total number of renewable energy projects financed in a year. CIT Group Incorporation, the New York based financial holding company recently announced that it has finished the third round for financing for an battery-based energy storage project. …
