energy transition

Islands in the EU can now benefit from a support mechanism for new renewable energy and energy efficiency projects, while island-focused secretariat visits Menorca and Italian islands.

German utility continues its foray into solar and onshore wind in North America.

Oil-producing giant aims to diversify from heavy reliance on petroleum and natural gas.

SABIC carrying out feasibility study on PV plant and moves into solar cell and battery storage development.

The first 25MW will supply power directly to a ferrochrome smelting firm in SOHAR Free Zone.

Major US utility Florida Power & Light Company (FPL) is planning to build the world’s largest battery energy storage system adjacent to an existing solar power plant, with plans to roll out multiple other storage systems across the state.

MVM Group wants to build 110 solar plants in the coming years.

Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.

The European Bank for Reconstruction and Development (EBRD) will no longer finance thermal coal mining or coal-fired electricity generation and will focus instead on renewable energy as part of its new five-year decarbonisation energy strategy.

Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.