AVAADA Group, Tata Steel SEZ to set up green ammonia plant in Odisha

AVAADA Group, an integrated energy company on Thursday said it has signed an agreement with Tata Steel Special Economic Zone Ltd (TSSEZL) for a green hydrogen and green ammonia man... Read More

Daily Shorts: Repsol buys ConnectGen in RE pivot, IT honcho will ship solar power from Australia to Singapore, and more

Spanish energy company Repsol acquired US renewable energy developer ConnectGen for $768 million, as part of the oil company's plan to pivot from fossil fuels to renewables. The an... Read More

World Bank, IMF pledge to work together on green transition

The World Bank and the International Monetary Fund have pledged to work together to support the global green transition, besides issues such as combating climate change, helping co... Read More

Daily Shorts: Bridgepoint buys energy investment firm, Indonesia's PLN looks to shift from coal

Asset fund manager Bridgepoint announced an agreement to buy energy investor Energy Capital Partners for $1.05 billion, and said the deal would be accretive to profit from day of c... Read More

Daily Shorts: UK eases onshore wind norms, Stellantis says its cars can switch to e-fuels

The UK government has eased approvals for onshore wind projects in England supported by the local population. The proposals also aim to incentivise locals by offering them cheaper ... Read More

Statkraft - Fluence's latest BESS project to improve transmission network stability in the UK

Statkraft, Europe's largest generator of renewable energy has selected Fluence Energy UK Ltd. (Fluence), a subsidiary of Fluence Energy Inc, to deliver its first battery-based... Read More

NTPC, Oil India explore collaboration in RE, green hydrogen, decarbonization initiatives

State-owned power producer, NTPC and state-owned oil company, Oil India Ltd on Thursday (August 31) said they will explore opportunities for collaboration in the areas of renewable... Read More

Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli... Read More

Daily Shorts: US offers $12 bn to retool car plants for EVs, Tesla reverses China price war

The US government is offering auto companies and component suppliers $12 billion in grants and loans so they can retrofit their plants to produce electric vehicles. US Energy Secre... Read More

Eos Energy secures $398.6M conditional loan from U.S. DOE’s Loan Program Office

Eos Energy Enterprises (Eos) on Thursday said it has secured a conditional commitment for a loan up to $398.6 million from the U.S. Department of Energy's (US DOE) Loan Program Off... Read More
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