renewable-energy
Top StoriesSpain’s Grenergy to Expand in US Under $2.8 Billion Plan
Top StoriesNational Grid’s Massachusetts Utilities Submit Clean Energy Investment Plan
Top StoriesBp Seeks Partnerships to Navigate Renewables Storm
Top StoriesSweden Plans New Nuclear Reactors by 2035, Will Share Costs
Dutch Grid Operator TenneT Says Energy Transition Will Double Investments
Date: November 1, 2023
Dutch grid operator TenneT says energy transition will double investments AMSTERDAM (Reuters) – Dutch power grid operator TenneT said on Wednesday the energy transition and rapidly increasing demand for electricity will force it to double investments needed to expand capacity in the coming decade. State-owned TenneT, which operates the Dutch high-voltage grid and part of...
Bp Shares Slump as Q3 Profit Misses Forecast on Weak Gas
Date: October 31, 2023
BP shares slump as Q3 profit misses forecast on weak gas By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts due to weak gas trading results while the firm wrote down a large chunk of a U.S. offshore wind project. BP shares were...
Endesa Warns of Slowdown in Renewables Development
Date: October 31, 2023
Endesa warns of slowdown in renewables development By Pietro Lombardi MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its renewable energy development, its top managers said, the latest energy company to adopt a more cautious approach to renewables in the face of high interest rates and rising debt costs. Endesa said...
Siemens Energy Shares Recover as Guarantee Talks Continue
Date: October 30, 2023
Siemens Energy shares recover as guarantee talks continue By Christoph Steitz and Alexander Hübner FRANKFURT/MUNICH (Reuters) -Siemens Energy shares rose to the top of Germany’s blue-chip index on Monday on hopes that talks with the government, banks and top shareholder Siemens to help with billions of euros in project-related guarantees will bear fruit. The world’s...
Vitol to Spend Half of Its Capex on Low-Carbon, Renewables -CEO
Date: October 17, 2023
Vitol to spend half of its capex on low-carbon, renewables -CEO LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expenditure on low-carbon and renewables, its CEO Russel Hardy said on Tuesday. “We’ve got a fair amount of capex going into the renewables and power...
Renewables Funds See Record Outflows as Rising Rates, Costs Hit Shares
Date: October 9, 2023
Renewables funds see record outflows as rising rates, costs hit shares By Patturaja Murugaboopathy and Tommy Wilkes BENGALURU/LONDON (Reuters) – Investors ditched renewable energy funds at the fastest rate on record in the three months to end-September as cleaner energy shares took a beating from higher interest rates and soaring material costs, which are squeezing...