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Australian solar firm Vast merges with Nabors SPAC
News

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
Seven countries oppose EU’s overhaul of electricity market
News

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 17, 2023
Denmark grants first CO2 storage licences for North Sea projects
News

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 16, 2023
EU sets out framework for nuclear-derived hydrogen
News

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 16, 2023
Germany eyes long-term LNG supply deal with Oman
News

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 15, 2023
Philippines' Citicore IPO to fund $4 bn investment in renewables
News

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
Canada greenlights North America’s first green hydrogen production facility
News

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.
February 14, 2023
France appeals EU for recognizing nuclear-produced hydrogen
News

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 13, 2023
Switzerland’s solar dam helps fill winter energy gaps
News

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
Solar to account for 53% of new US generation capacity additions in 2023: IEA
News

Solar to account for 53% of new US generation capacity additions in 2023: IEA

The Energy Information Administration (EIA) predicted that U.S. developers will install 54.5 GW of new electric generating capacity in 2023, with more than half coming from solar energy.
February 09, 2023
Coal miner Seriti to build South Africa's biggest wind farm
News

Coal miner Seriti to build South Africa's biggest wind farm

South Africa-based coal producer Seriti Resources’ green energy unit subsidiary has announced plans to build a wind farm in Mpumalanga.
February 08, 2023
Canada signs $500M renewable energy deals to combat climate change
News

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 08, 2023
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