Power
RWE shuts down five power plant units amid coal phase-out
Germany energy major RWE will permanently shut down five power plant units in the Rhenish mining area in Germany by…
Sigma Lithium to invest $100m in Brazil plant
Canada-based global lithium producer Sigma Lithium will invest 492.4m reais ($99.4m) in a previously announced plant in Brazil. The company said…
Energy sector is most ‘concentrated’ industry in EU, Eurostat says
According to Eurostat, the EU’s statistical office, the energy sector is the most “concentrated” industry in the EU. The newly…
ArcLight Capital forms new venture to manage US power portfolio
Infrastructure investor ArcLight Capital Partners has formed a new business, Alpha Generation (AlphaGen), to manage its power infrastructure portfolio in…
How COP28 accelerated the conversation on coal phase-out
DUBAI – COP26, which took place in Glasgow in 2021, was supposed to be the COP that “consigned coal to…
A heat pump alternative for a quarter of UK homes
Household heating is the source of 17% of the UK’s carbon emissions. Most of the country’s homes are still heated…
Brookfield and EIG increase Origin takeover offer to $10.5bn
A Brookfield-led consortium of investors and EIG has improved its buyout bid for Origin Energy to A$16.4bn ($10.5bn) or $9.53…
European corporate PPA market scores record 7.8GW in 2023
AMSTERDAM – Companies have procured a record-breaking 7.8GW of new corporate renewable power purchase agreements (PPA) in the Europe in…
Frontier Energy finalises deal to acquire Canada’s Waroona Energy
Australia-based Frontier Energy has entered into a binding agreement to acquire Canada’s Waroona Energy. Under the deal, Frontier Energy will…
Three US states enter MoU to procure up to 6GW of offshore wind
Three New England states in the US – Massachusetts, Rhode Island and Connecticut – have signed a memorandum of understanding…
