Renewable Energy

energyRe secures financing for Lone Star Solar project and BESS in South Carolina

energyRe has secured $155 million in project financing and $85 million in tax equity commitment for its 108 MWdc Lone Star Solar project and 198MWh Battery Energy...

ENGIE to acquire Orsted’s onshore wind and solar business in France

Orsted has confirmed that ENGIE is set to acquire Orsted’s onshore wind and solar business in France. The deal to acquire OSTWIND International, OSTWIND...

Exxon Mobil says it achieved 60% cut in methane emissions

Exxon Mobil, which has posted earnings of $8.22 billion in Q1 2014 against $11.43 billion a year ago, said it reduced operated methane emissions...

Will Chevron reveal returns from investment in renewables?

Chevron has posted a profit of $5.5 billion in the quarter ended on March 31, down from $6.57 billion from a year ago. Chevron CEO Mike...

GE Vernova sales grow 6% to $7.26 bn in first-quarter

GE Vernova has reported $7.26 billion (up 6 percent) for the first quarter ending March 31, 2024. “We delivered solid results with margin expansion across...

Equinor renewable production surges 48% to 774 GWh in first-quarter

Equinor, Norway’s prominent oil and gas producer, has reported operating income of $7.63 billion and net income of $2.67 billion during the first quarter...

GEF Capital Partners Closes $325 mn Fund to Drive Climate Solutions

GEF Capital Partners, a private equity firm dedicated to climate change and pollution mitigation, has closed its GEF US Climate Solutions Fund II. Surpassing...

TotalEnergies and Oman National Oil Unveil Details of Marsa LNG Project

TotalEnergies and Oman National Oil Company have disclosed additional details regarding the Marsa LNG project. TotalEnergies did not reveal financial details of the project. The news...