French energy major TotalEnergies and Japanese oil company Eneos have formed a joint venture (JV) to develop 2GW of decentralised solar capacity across Asia over the next five years.
A round-up of the latest project news from across the world, including Masdar’s plans to develop solar in Armenia, TotalEnergies completing its largest project in France and Shikun & Binui expanding its US energy portfolio.
French energy giant TotalEnergies has won new contracts in Libya that include the development of a 500MW solar PV project, although it will also see the company pour US$2 billion into crude oil production and invest in gas extraction
Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.
UAE state-owned renewables developer Masdar has established a joint venture (JV) with the national power utility of Montenegro to develop “large-scale” clean energy projects in the country.