Finance & Investment

TotalEnergies has agreed to buy 50% of Clearway Energy Group, the fifth-largest renewable energy company in the U.S. TotalEnergies has been expanding into the rapidly growing renewable energy sector and diversifying away from hydrocarbon-focused activities in recent years. The company said it would merge with Global Infrastructure Partners (GIP) as a result of the acquisition. …

TotalEnergies to Buy 50% Of Fifth-Largest Renewable Energy Company in U.S. Read More »

Scottish company Drax Group has decided to apply for the expansion of the Cruachan pumped storage power plant (PSPP) to increase Britain’s energy security, the company said in a statement. “More domestic renewable energy will help the UK tackle the energy crisis and end dependence on fuel imports. The new project will also help boost …

Drax Group Applies for Building Pumped Storage Power Plant in UK Read More »

Google officially opened the Bay View campus in California to its employees, which took the company years to build, and is powered by renewable energy. This is the first Google campus she has developed in-house, and it doesn’t look like traditional office buildings. In addition to the unusual design, it is focused on sustainability and …

Renewable Energy Powers Google Latest California Campus Read More »

SolarEdge Technologies Inc (SEDG) is an Israeli company that manufactures power optimizers and solar inverter systems. This helps to minimize the cost of the energy generated by its devices. SolarEdge Technologies released its fourth quarter 2021 results on February 15, and revelaed that its revenue rose 54% yoy to $552mn. Upside potential to the average …

Demand for SolarEdge Technologies Continues to Grow Read More »

Energy company Clearway Energy is one of the beneficiaries of the massive clean energy transition. Expansion of ongoing projects, reorganization of the structure, and improvement of profit indicators will allow the company to increase payments to shareholders until at least 2026. In the first quarter, Clearway Energy posted adjusted EBITDA of $260 million, up over …

Green Energy Specialist Clearway Energy Ready to Raise Dividend Through 2026 Read More »

Can energy instability be overcome by increasing the use of renewable energy sources and investing in new facilities? The answer is yes, although as in many other cases, there are many arguments that point to certain risks and unpredictable factors that need to be considered. But the fact is that some countries have serious problems …

300 Sunny Days Make Lebanon an Attractive Investment in Renewables Read More »

Wood pellet manufacturer and global supplier Enviva Biomass has announced plans to open a new wood pellet and biomass plant in Bond, which will be the company’s fourth facility in Mississippi. About 100 new jobs will be created at the enterprise, and the volume of investments aimed at implementing the project will amount to $250 …

Enviva Biomass to Build $250M Wood Pellet and Biomass Plant Read More »

Abu Dhabi-based Masdar, one of the world’s leading renewable energy companies, has signed a memorandum of understanding with the Ministry of Energy of the Kyrgyz Republic to explore renewable energy opportunities in the Central Asian country and support its clean energy goals, as well as building hybrid wind and solar electric systems. Under the agreement …

Masdar Sees Central Asia as Strategic for Developing Hybrid Wind and Solar Electric Systems Read More »

China is the leader both in terms of existing low-carbon energy capacity and the future of hydropower in terms of its annual commissioning. However, the share of RES in the energy balance is still negligible – only about 12%. At the same time, China has plans to achieve carbon neutrality by 2060, for which it …

Betting on Renewable Energy and Future of Hydropower in China Read More »

Octopus Energy Generation bought about 8% of the shares in the 270 MW Lincs offshore wind farm off the coast of Skegness in the east of England, the company said in a press release. The wind farm consists of 75 wind turbines with an area of ​​35 square meters and is operated by global renewable …

Octopus Energy Generation Acquires 8% Stake in Lincs Offshore Wind Farm Read More »