renewable-energy
Top StoriesSchneider and GreenYellow Target Smaller Businesses With Energy Saving Technology
Top StoriesWith Strict Targets Looming, European Aviation Races to Make Green Fuel
Top StoriesPetrofac, Hitachi Energy Receive $14 Billion Agreement From TenneT
Top StoriesHome Battery Sales in Germany May Surge 59% This Year -Study
UK Oil, Gas Firms to Leave Year’s Worth of Output in Ground With Tax Hikes-Report
Date: March 28, 2023
LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year’s output in the ageing basin, industry group OEUK said on Tuesday. Over the past year, Britain has introduced windfall...
Kkr Sells 50% Stake in Spain’s X-Elio to Partner Brookfield
Date: March 21, 2023
MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canadian asset manager Brookfield, the two funds said on Tuesday. Brookfield already owns the other half of X-elio. The funds said without disclosing transaction details. KKR first invested in X-elio in 2015 and Brookfield...
Sse to Invest $122 Million in Scottish Pumped Hydro Project
Date: March 21, 2023
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme which could help boost the country’s energy storage capacity, it said on Tuesday. Pumped hydro plants work by pumping water uphill to a higher reservoir before releasing it to enable water to flow downhill through...
Britain Announces 205 Million Pound Auction for Renewable Power Projects
Date: March 16, 2023
LONDON (Reuters) – Britain’s next auction round to spur renewable power projects will be worth about 205 million pounds ($247 million), the government said on Thursday. The British government has set targets for major increases in wind power generation, for instance, as it seeks to meet a goal of net zero emissions by 2050 and...
Britain’s Tax Take Risks Blowing Green Energy Off Target
Date: March 13, 2023
By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week’s budget. The British government has set targets for major...
Solar Invertors Market Will Grow at 6% Cagr Through 2032 Amid Growing Awareness Regarding Renewable Energy | Future Market Insights, Inc.
Date: March 13, 2023
The market for central inverters in the United States is expected to grow at a 5.2% CAGR through 2032, creating an absolute dollar opportunity greater than US$6 billion by end use and residential segment alone over assessment period. The Japanese pocket was once considered small but now it’s emerging as lucrative with demand growing 6%....