Akuo has inaugurated the Santas solar power plant in Portugal’s Alentejo region. With a capacity of…
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Ithaca Energy Bolsters North Sea Dominance with £754M Eni Acquisition
Ithaca Energy purchased most of Eni’s British oil and gas assets for £754 million (US$993 million),…
Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe
Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…
US DOE Invests $1.5 Billion in Electric Grid Upgrades to Enhance Reliability
The US Department of Energy (DOE) announced a significant $1.5 billion investment on Thursday to enhance…
France Faces Industry Pushback Over Proposed Power Plants Tax
The French government plans to impose a new tax on electricity production plants to balance the…
Morocco to Invest MAD 88 Billion in ‘Green Electricity’ Production
Morocco is progressing in its energy strategy. According to Energy Transition and Sustainable Development Minister Leila…
MEIL Unveils 4,000 MW Hydroelectric Initiative to Boost Maharashtra’s Energy Landscape
Megha Engineering & Infrastructures Limited (MEIL) advances India’s energy landscape with two new pumped storage hydroelectric…
Germany Amplifies Battery Storage to Power Renewable Future
Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…
Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs
The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…
National Grid Expects £70 Million Boost from ESO Sale to Government
National Grid has announced that it anticipates earning approximately £70 million more than expected from the…