Renewable Energy
Why wind and solar energy companies are not spending for protection from fire incidents
Majority of wind and solar energy companies are not spending enough to protect from fire incidents, despite millions in costs per incident, significant downtime,...
Renewable Energy
Investment in manufacturing of clean energy technologies reaches $200 bn: IEA
Investment in manufacturing of the five clean energy technologies has reached $200 billion in 2023 from $115 billion in 2022, showing growth of more...
Renewable Energy
AES revenue drops in first-quarter despite growth in renewables
The AES Corporation (AES) has reported financial results, saying its revenue dropped during the quarter ended March 31, 2024.
Revenue of AES has reached $3,085 million...
Renewable Energy
Orsted revenue drops 25% to DKK 19.2 bn in first-quarter
Orsted said its revenue decreased 25 percent in Q1 2024 to DKK 19.2 billion primarily due to lower power prices across markets.
Orsted has generated...
Renewable Energy
Brookfield and Microsoft to develop 10.5 GW of renewable energy costing $10 bn
Brookfield Asset Management and Microsoft will develop new wind and solar farms targeting over 10.5 GWs of new renewable energy capacity.
Brookfield aims to deliver the new...
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...
Renewable 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...
Renewable Energy
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...