Energy transition akin to Industrial Revolution – Centrica speaks out on scale of challenge
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The energy transition requires the sector to grapple with the Fifth Industrial Revolution.
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National grid operator says clean power mission is ‘achievable’
The National Energy System Operator (NESO) has today concluded that the UK government’s mission to decarbonise the electricity grid by 2030 is “achievable”.
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Medco Energi eyes more acquisitions in Southeast Asia, ESG in focus
Indonesia’s Medco Energi (IDX:MEDC) is on the lookout for more merger and acquisition (M&A) opportunities in Southeast Asia after successfully buying ConocoPhillips Indonesian assets in a $1.355 billion deal struck last year.
South Africa’s IDC comes in on Prieska green hydrogen plan
Prieska Power has struck a partnership with South Africa’s Industrial Development Corp. (IDC) to develop a green hydrogen project in Prieska Northern Cape.
TotalEnergies first winner in Qatar LNG competition
TotalEnergies has won a 25% stake in the North Field East (NFE) LNG project, from QatarEnergy (QE).
Building out green grids to save Africa, and the world
Green grids and international renewable energy are the only way to save Africa – and the world – with the alternative being a “climate abyss”.
Brexit ‘slowed down investment’ into UK renewables, report finds
Brexit has “posed challenges” to development of renewables in the UK, according to a new report into the country’s energy transition.
Exclusive: AREG to launch new clean energy conference in Aberdeen
Aberdeen Renewable Energy Group (AREG) will launch a new clean energy conference in Aberdeen this year.
Talking energy security, Namibian hydrogen eyes European role
Europe needs new sources of energy, particularly zero carbon energy, while Namibia offers abundant solar and wind. Can hydrogen bridge the gap, providing scope for both to prosper on the route to net zero?
Iberdrola opens ‘world’s largest’ green hydrogen plant in Spain
Iberdrola has commissioned a solar-powered green hydrogen plant in Puertollano, central Spain, which it says is the largest plant currently operating in the world.
Powering Octopus’ heat pumps with Moroccan sunshine
Octopus Energy has struck a deal to invest in Xlinks, a project that aims to transport renewable energy from Morocco to the UK.
Solar, hydrogen and storage: a heady mix for the Middle East
The Middle East’s oil and gas has put the region at the heart of the energy sector the last 100 years. These resources, plus plentiful sunshine, will see it continue to play a major role into the energy transition – but there will be bumps along the way.
TotalEnergies and ENEOS eye $2bn in assets following Asia solar deal
France’s TotalEnergies (LSE:TTE) and Japan’s ENEOS are set to develop $2 billion worth of distributed generation assets across Asia following a recent deal to establish a joint venture that will sell power from solar.
JERA, world’s biggest LNG buyer, to build 1GW solar with new partner in Japan
JERA, the largest power generation company in Japan, producing about 30% of the nation’s electricity, is planning to develop at least 1 GW of solar power by end-2025, with new business partner West Holdings, a Japanese renewable energy engineering company.
A $5bn plan may bring Indonesia’s solar to Singapore
Renewable energy developer Quantum Power Asia agreed to advance a potential $5 billion plan to export electricity generated from solar in Indonesia to Singapore as the city-state attempts to accelerate its use of renewables and cut its reliance on imported liquefied natural gas (LNG).
Morocco dishes out solar work under Noor plan
Morocco’s Masen agency and Ministry of Energy Transition and Sustainable Development have handed out a number of sites to companies to build solar photovoltaic (PV) plants.
TotalEnergies teams up with Japan’s ENEOS on solar power in Asia
France's TotalEnergies and Japanese energy group ENEOS Holdings said that they will team up to sell electricity generated from solar power to Asian businesses.
South Africa launches Bid Window 6
South Africa’s Department of Mineral Resources and Energy (DMRE) has launched Bid Window 6.
Mitsui to invest in $1.35bn renewable energy project in India
Japan’s Mitsui has agreed to make an investment in a large-scale 1.3GW renewable energy project that India’s ReNew Power is developing.
UK energy strategy to ‘breathe new life’ into North Sea and Net Zero
A commitment to North Sea oil and gas while ramping up nuclear, hydrogen and offshore wind, is at the heart of a new UK strategy to protect consumers from future surges in energy bills.
Relentless hunt for better ‘mousetraps’
There has never been so much pressure to wean the human species off its massive dependency on hydrocarbons; with the war in Ukraine and the staggeringly high temperatures recorded in the Arctic and Antarctic further forcing the Great Energy Transition into overdrive.
Westminster aiming to ramp up renewables targets in energy security push
The UK Government is poised to drastically ramp up its renewables targets, according to reports.
Woodside and Heliogen advance novel solar projects in US and Australia
Australia’s Woodside and US-based Heliogen have signed an agreement to deploy a 5 MW electric (MWe) module of Heliogen’s AI-enabled concentrated solar energy technology in California and jointly market Heliogen’s innovative technology in Australia.
Norfund, CDC back H1 in South Africa mission
Norfund and the UK’s CDC Group have set out a 600 million rand ($39mn) investment in H1 Capital. The aim is to support clean energy projects in South Africa.
Asian renewable energy deals triple to $13.6bn in 2021
The deal volume for renewable energy assets in Asia more than tripled to $13.6 billion in 2021, as the number of transactions surged by 53% year-on-year to 75. Significantly, large corporate mergers in the solar energy sector fuelled the considerable increase in value, reported Enerdatics, a research company.
Enfinity’s $1bn Japan solar acquisition marks largest in five years
US-based Enfinity Global has acquired a $1 billion utility-scale solar photovoltaic (PV) power portfolio in Japan. Significantly, the deal marks the largest renewable energy acquisition in Japan for at least five years in terms of transaction value and power capacity, according to Enerdatics, a research company.
The Essential Guide to Suriname Energy Investment
The Suriname-Guyana basin continues to be a focal point for hydrocarbon exploration and development, as evidenced by CGX Energy’s recent discovery at the Corentyne block, in line with Suriname’s Block 58. Indeed as frontier E&P remains at a comparatively low ebb, this represents one of few global hotspots, with an estimated 16bn barrels of recoverable resources discovered to date.