Renewables
Aramco joins group building giant solar plant in Saudi Arabia
Monday, August 16, 2021, 7:07 AM MDT
Saudi Aramco is joining a group led by ACWA Power to build a nearly $1 billion solar power plant in…
Thailand’s oil giant is going on a green spending spree
Friday, August 13, 2021, 7:01 AM MDT
Thailand’s oil giant, whose sales account for about 10 per cent of the nation’s economic output, is suddenly spending billions…
Commodity inflation squeezes profits for wind giant Vestas
Wednesday, August 11, 2021, 7:03 AM MDT
One of world’s biggest makers of wind turbines cut its outlook for the year, citing commodity inflation and disruptions to…
Refiner boosts battery bet as it sees U.S. gasoline peaking
Tuesday, August 10, 2021, 6:49 AM MDT
Phillips 66, one of the largest U.S. oil refiners, is expanding its involvement in the fast-growing world of battery technology…
Gates-backed battery firm gets funding from Reliance, others
Tuesday, August 10, 2021, 6:43 AM MDT
Ambri Inc., a Bill Gates-backed venture that makes batteries for power grids, said it secured $144 million to build production…
TotalEnergies weighs stake in giant North Sea wind farm
Friday, August 6, 2021, 6:47 AM MDT
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people…
Renewable investment rose to a record in first half
Tuesday, August 3, 2021, 7:16 AM MDT
Investors poured more money than ever into renewable energy in the first half of the year, but the pace is…
Eni expands its clean energy business with wind, solar deals
Tuesday, July 27, 2021, 6:55 AM MDT
Eni SpA expanded its clean-energy business with a pair of wind and solar deals in Spain and France. The transactions…
Iraq and France’s Total to work on gas production, solar deals
Monday, July 26, 2021, 6:12 AM MDT
Iraq’s cabinet gave approval for TotalEnergies SE to develop a natural-gas field and help boost the country’s oil output. The…
Shell, Iberdrola bid to build world’s largest floating wind farm
Friday, July 16, 2021, 5:41 AM MDT
Royal Dutch Shell plc and Iberdrola SA’s ScottishPower unit are teaming up to bid to build what could be the world’s largest…
Biden seeks to cut energy storage costs by 90% within decade
Wednesday, July 14, 2021, 6:41 AM MDT
The Biden administration announced Wednesday an ambitious goal of cutting the cost of energy storage by 90 per cent within…
Gates-backed solar company seeks to boost power output in merger
Tuesday, June 29, 2021, 6:31 AM MDT
A solar-technology firm backed by the Bill Gates-led Breakthrough Energy Ventures is seeking to boost output of photovoltaic panels as…