Renewable Energy

Shell buys Pavilion Energy to bolster LNG business

Shell Eastern Trading, a subsidiary of Shell plc, has reached an agreement with Carne Investments, a subsidiary of Temasek, to acquire Pavilion Energy. Shell...

Vast and Mabanaft Sign Agreement for CSP-Powered Green Methanol Plant

Vast Renewables has signed a joint development agreement with global energy company Mabanaft to advance the Solar Methanol 1 (SM1) project. SM1, a CSP-powered green...

India requires $215 bn investment to meet 500 GW renewable energy target

India will require $190 billion-$215 billion investment over the next seven years to achieve target of 500 GW of renewable energy capacity by 2030,...

Orsted starts Helena Energy Center with wind and solar facility in Bee County 

Orsted, a leading U.S. renewable energy company, has started the Helena Energy Center, a 518 MW co-located wind and solar facility in Bee County that will...

Shanghai Electric energy solutions @ International Neutrality Expo

Shanghai Electric has showcased its energy solutions at the second edition of Shanghai International Neutrality Expo from June 5-8. For wind energy, Shanghai Electric’s 16MW low-frequency offshore...

TotalEnergies Signs 15-Year Green Hydrogen Deal with Air Products

TotalEnergies has entered into a 15-year agreement with Air Products to procure 70,000 tons of green hydrogen annually in Europe starting from 2030. This...

Clean energy investment by oil and gas companies reaches $28 bn: IEA

Oil and gas companies have invested $28 billion into clean energy in 2023, achieving 30 percent increase from 2022 levels, according to IEA report. The...

Renewable Energy Surges in Germany, Reaching 58.4% of Electricity Production

Renewable energy sources accounted for 58.4 percent of all electricity produced in Germany in Q1 2024. This impressive figure represents 121.5 billion kilowatt hours,...