News
Market
February 18, 2023
Australian solar firm Vast merges with Nabors SPAC
Australian renewable energy firm Vast Solar has agreed to merge with a special purpose acquisition company (SPAC) backed by Nabors Industries (NBR.N) in a transaction valued at $586 million.
February 18, 2023
China's CNPC set to strike 30-year LNG deal with Qatar
China National Petroleum Corp (CNPC) is close to finalizing an agreement to purchase liquefied natural gas (LNG) from QatarEnergy for up to 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of t
February 15, 2023
Germany eyes long-term LNG supply deal with Oman
Germany and Oman are in advanced talks to strike a long-term deal for liquefied natural gas (LNG) lasting at least ten years as Berlin seeks alternatives to Russian fuel supply, according to three sources familiar with the matter.
February 13, 2023
Switzerland’s solar dam helps fill winter energy gaps
Swiss energy firm Axpo has built a snaking wall of solar panels on Switzerland's longest dam to maximize green energy generation throughout the winter months.
February 08, 2023
Canada signs $500M renewable energy deals to combat climate change
Canada’s Tourism Minister Randy Boissonnault announced on Friday a new Alberta wind-generation facility in collaboration with Capital Power.
February 06, 2023
Scotland expects renewables boom with EU’s largest energy storage complex
The new battery storage facilities worth £900 million in Scotland will improve resilience during downtime, according to Michael Matheson, cabinet secretary for Net Zero, Energy, and Transport.
February 04, 2023
McDonald’s strategy to power its logistics supply chain with renewables
In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.
February 02, 2023
Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
January 19, 2023
China building world’s biggest offshore wind farm as renewable energy growth gains momentum
China is building the world’s largest commercial floating offshore wind farm off the coast of Hainan, showing sign of growing momentum of renewable energy.
December 21, 2022
Australia’s proposed GO scheme for renewable electricity under consultation
The Australian Government is seeking views from stakeholders on a clean energy Guarantee of Origin (GO) scheme to foster the global and domestic markets needed to transform Australia into a renewable energy superpower.