Power
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…
Bulgarian miners protest against plans to phase out coal
Bulgarian miners led protests against the Denkov government for the third consecutive day on Sunday, blocking roads and highways. The…
Leading innovators in offshore wind turbine pre-assembly for the power industry
The power industry continues to be a hotbed of patent innovation. Activity is driven by increasing global power demand, renewable…
Cubico acquires 121MW renewable portfolio in Uruguay
Cubico Sustainable Investments, a UK-based renewable energy projects developer, has acquired three operational renewable projects in Uruguay from Brookfield. This…
Octopus to buy 10% stake in Borssele III & IV offshore wind farm
UK-based Octopus Energy’s generation arm Octopus Energy Generation has reached an agreement to acquire a 10% stake in the 732MW…