Renewable Energy

Green tech may receive faster permits under new EU rules

Green technology companies in areas such as renewable hydrogen, batteries, among others, are likely to receive faster permits under European Union, Reuters news report...

Imperial to invest $560 mn to build renewable diesel facility in Canada

Imperial will be investing about $720 million (USD$560 million) to construct the largest renewable diesel facility in Canada. The project at Imperial’s Strathcona refinery near...

Renewable electricity powers AkzoNobel facilities in North America

AkzoNobel is on track for reducing the company’s carbon emissions in operations by 50 percent by 2030 through transitioning to 100 percent renewable electricity...

Element Resources to build green hydrogen plant in Lancaster, California

Element Resources announced its plans to build and operate a major renewable hydrogen production facility in the City of Lancaster, California. The green hydrogen production project,...

Hecate Energy closes five-year $550 mn credit facility package

Hecate Energy has closed a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit...

RWE expects net income of €3.2 bn for fiscal 2022

Renewable energy major RWE said it expects to close fiscal 2022 with a net income of €3.2 billion, according to preliminary figures. This is due to...

SolarEdge starts shipping battery cells for stationary Energy Storage

SolarEdge Technologies announced that its Energy Storage division has begun shipping new battery cells designed for stationary Energy Storage applications. The Nickel Manganese Cobalt (NMC)...

Masdar signs 5GW renewable energy projects

Masdar has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries --Angola, Uganda and Zambia -- to develop renewable energy projects with a combined capacity...