Renewable Energy

KKR offers to buy renewable energy producer Albioma

KKR & Co., a leading global investment firm, has made an offer to buy Albioma SA, a renewable energy producer in France, with the...

Hover to produce wind-powered microgrid solution in January

Hover announced it will start the commercial production of its Wind Powered Microgrid solution in January 2023. Hover has more than a dozen large scale...

Shell buys waste oil recycling firm EcoOils to expand biofuels production

Shell Eastern Petroleum, a unit of oil giant Shell, has acquired Asia-based waste oil recycling firm EcoOils to expand its biofuels production. The company will...

UAE, U.S. sign agreement worth $100 bn in clean energy projects

The United Arab Emirates and the United States signed a partnership agreement to invest $100 billion in clean energy projects with a production capacity...

Aramco net income jumps 39.5% to $42.4 bn in Q3

Aramco has reported 39.5 percent increase in net income to $42.4 billion in Q3 2022 as compared with $30.4 billion in Q3 2021. The increase...

TotalEnergies forms JV with CDV to tap renewable energy business in Brazil

TotalEnergies announced the creation of a joint venture with Casa dos Ventos to set up a renewable energy business in Brazil. Casa dos Ventos (CDV) is...

General Motors finalizes energy sourcing deals

General Motors announced the finalization of energy sourcing agreements to secure 100 percent of the energy to power all its U.S. facilities by 2025. GM...

SunGas Renewables inks deal with Arbor Renewable Gas

SunGas Renewables announced an agreement with Arbor Renewable Gas for supply of its SunGas System 1000 technology and equipment package to Arbor Gas’ Spindletop...