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March 01, 2023

Germany scales up energy transition to strengthen renewables industry

Germany has identified three core measures including financial support to boost energy transition technologies as well as increased green power generation and transmission to regain its position, Economics Minister Robert Habeck said on Tuesday.
February 23, 2023

Germany to quicken power market reform amid rising demand, minister says

Germany must act quickly to meet its renewable energy targets if it wants to keep the lights on amid rising energy demand, Economy Minister Robert Habeck said.

Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises
February 21, 2023

Oil-rich Guyana eyes carbon offset as lucrative revenue stream

Guyana, which has pioneered offshore oil exploration, is leveraging its inland forests to access carbon markets, a business that the government sees as more profitable than mining or agriculture, Vice President Bharrat Jagdeo said.
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 16, 2023

Denmark grants first CO2 storage licences for North Sea projects

The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.
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 13, 2023

France appeals EU for recognizing nuclear-produced hydrogen

France is spearheading a campaign to have the European Union acknowledge low-carbon hydrogen produced by nuclear power in its renewable energy rules, but some member states are opposed to the notion, fearing it will undermine efforts to quickly scale up w
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.

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