News
News
February 22, 2023
Europe may face tighter energy shortage next winter, IEA's head warns
Fatih Birol, head of the International Energy Agency (IEA), has warned of potential energy shortages next winter due to a lack of new liquefied natural gas (LNG) entering the market, while China's appetite is set to rise this year.
February 20, 2023
Supply chain, red tape hamper European renewables projects: RWE CEO
The most significant barriers to rapidly expanding renewable energy in Europe are supply chain capacity and an uncertain investment environment, according to Markus Krebber, CEO of Germany's largest utility RWE.
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
Skills shortage crisis threatens EU renewables targets
The European Union's ambition to rapidly expand solar and wind power relies on a big increase in the solar and wind workforce during a difficult hiring season.
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 17, 2023
Seven countries oppose EU’s overhaul of electricity market
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg, and Latvia have warned Brussels not to make major changes to the European Union's power market in response to the energy crisis, calling instead for minor alterations.
February 16, 2023
EU sets out framework for nuclear-derived hydrogen
The European Commission on Monday proposed regulations that could allow some hydrogen produced in nuclear-based energy systems to contribute toward EU renewable energy objectives, signaling a victory for pro-nuclear France.
February 15, 2023
Philippines' Citicore IPO to fund $4 bn investment in renewables
Citicore Renewable Energy Corp, one of the Philippines' leading solar power producers, has revealed plans to go public this year. It expects the share offering to contribute to a $4 billion investment in solar projects over the next five years.
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 14, 2023
Canada greenlights North America’s first green hydrogen production facility
Canadian start-up EverWind Fuels has secured the first environmental approval for the first phase of its commercial-scale green hydrogen and green ammonia plant in North America.