Renewable Energy

Russian energy groups receive $3.4 bn from Saudi Arabia’s Kingdom Holding

Saudi Arabia’s Kingdom Holding invested in Russian energy groups Gazprom, Rosneft and Lukoil between Feb. 22 and March 22, it said on Twitter on Sunday. Many Western nations...

Aramco nearly doubles net profit to $48.4 bn in Q2

Saudi Arabian Oil Company (Aramco) has reported net profit of $48.4 billion in the second quarter of 2022 as compared to $25.5 billion in...

Raven SR to use INNIO’s engines to power green hydrogen facility

INNIO announced Raven SR will use INNIO’s Jenbacher engines to power and heat Raven SR’s hydrogen production facility at a sanitary landfill in Richmond,...

BayWa r.e. to build Waikoloa Solar + Storage project for AES

BayWa r.e. Power Solutions said it will construct the Waikoloa Solar + Storage Project for AES Corporation on Hawaii Island. BayWa r.e. Power Solutions will...

RWE invests €5 bn in green technologies in fiscal year

RWE said it has made an investment of about €2 billion in the first half of 2022 for the expansion of its green business....

Shell buys India’s Solenergi Power for $1.55 bn

Shell has completed its acquisition of Solenergi Power and Sprng Energy group of companies from Actis Solenergi for $1.55 billion. Sprng Energy, set up in...

Japan to achieve 2030 renewable power target: GlobalData

Japan’s renewable power is set to account for 34.6 percent of the generation mix in 2030, which is close to the target, says GlobalData report. Japan...

NTPC and Tata Power need transparency in clean energy plans: IEEFA

NTPC and Tata Power have clean energy plans with significant capital expenditure and they need to ensure more transparency in their clean energy transition...