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Siemens Energy plans to sell Indian wind business at $1bn valuation

Siemens Energy AG has initiated the sale of its Indian wind turbine business, a subsidiary of Siemens Gamesa Renewable Energy, …

Engie revenue plummets 25% to €22bn in Q1 2024

French utility Engie has reported total revenues of €22bn for the first quarter of 2024, a slump of 24.6% compared …

How satellite-enabled IoT can help operators get clarity on supply chains

Price volatility, changing market dynamics and regulatory and societal pressure to decarbonise are all reasons why energy operators are keen …

Brookfield to invest $500m in India’s Leap Green Energy

Canada-based Brookfield Asset Management is set to invest $500m (C$680.72m) for a controlling interest in Indian renewable energy company Leap …

Iberdrola to acquire remaining 18.4% stake in Avangrid for $2.6bn

Spanish utility Iberdrola has agreed to acquire the remaining 18.4% stake in its US subsidiary Avangrid in a $2.6bn (€2.39bn) …