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February 22, 2023

Indonesia’s energy transition continues to face headwinds

Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.

Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
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

Vietnam to postpone rules for offshore wind development

A European Union business representative said that Vietnam may not have a legal framework to regulate offshore wind farms until next year, potentially deferring billions of dollars in foreign investment in the sector.
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.

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