renewable-energy
BusinessFrance’s Edf, TotalEnergies Awarded Saudi Solar Tenders During Macron Visit
BusinessEuropean Commission Favours More EU Funds for Electric Vehicles Sector
FinanceGermany’s Green Hydrogen Ramp-Up Reliant on Public Money, E.on Says
Top StoriesGerman Court Approves Windfall Profit Skimming for 2022 Energy Crisis
Analysis-Adani Allegations Shine Spotlight on India’s Clean Energy Conundrum
Date: November 28, 2024
By Sudarshan Varadhan and Sethuraman N R NEW DELHI (Reuters) – Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. While India’s central government wants to shift away from polluting coal-fired generation towards solar and wind, officials say...
Polish Utility Pge Posts Lower Q3 Net Profit Dragged by Coal Segment
Date: November 27, 2024
GDANSK (Reuters) – Poland’s biggest utility PGE reported a near 24% year-on-year fall in its third-quarter net profit on Tuesday, amid continued weakness in its coal-based conventional power generation segment. WHY IT’S IMPORTANT PGE, along with other Polish utilities, is under pressure from falling profitability in its coal-fired power generation segment, having to cope with...
German Minister Proposes Subsidies to Stabilize Power Network Fees
Date: November 26, 2024
BERLIN (Reuters) – German Economy Minister Robert Habeck on Tuesday proposed subsidies to stabilize fluctuations in electricity network fees, as consumers and companies bear the brunt of high energy costs that have hindered production and investment. The subsidies “would be a short-term measure for 2025, which could still be technically implemented, for example, through a...
Adani Green Energy Says No Talks on New Financial Commitment With TotalEnergies
Date: November 26, 2024
(Reuters) – Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group over U.S. bribery charges. TotalEnergies’ move was the first major fallout after U.S. authorities last week charged Adani’s billionaire chairman,...
Exclusive-Trump Prepares Wide-Ranging Energy Plan to Boost Gas Exports, Oil Drilling, Sources Say
Date: November 25, 2024
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with...
TotalEnergies Pauses Business With Adani, Says It Was Not Aware of US Investigation
Date: November 25, 2024
By America Hernandez PARIS (Reuters) -French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to investments with Adani Group companies following last week’s U.S. federal indictment. Until such time when the accusations...