News & Press Releases
News & Press Releases
Germany and Nigeria agree on $500m renewable projects and gas export deal
Companies in Nigeria and Germany have signed two agreements: a $500 million renewable energy memorandum of understanding (MoU) and a gas export accord.
According to Ajuri Ngelale, spokesperson for Nigerian President Bola Tinubu, the renewable energy MoU is seeking investments...
News & Press Releases
Norway opens worlds first wind-powered offshore oil platform
The world’s first wind-powered offshore oil platform was officially opened on Tuesday off the west coast of Norway. Opened by Crown Prince Haakon, as Bloomberg reports, the new oil rig is powered by the world’s biggest floating offshore wind farm,...
News & Press Releases
Indonesia officially launches $20bn renewables investment plan
Indonesia officially launched its plan to mobilise a $20bn investment fund for decarbonisation on Tuesday as the country looks to accelerate its transition towards clean energy.
Financing for the fund, which was set up under Indonesia’s JETP, is led by...
News & Press Releases
UK and Republic of Korea clean energy partnership to accelerate net zero transition
A new Clean Energy Partnership between the UK and the Republic of Korea (RoK) will be agreed tomorrow (Wednesday 22 November) to boost energy security and accelerate the clean energy transition.
The partnership will be signed in London by Energy...
News & Press Releases
Australia plans to add 32GW of renewable energy by 2030
The Australian Government is looking to add 32GW of renewable and clean dispatchable energy capacity to its national electricity grid by 2030.
The federal government, in conjunction with state and territorial governments, plans to acquire the energy by expanding the...
News & Press Releases
European Energy sells 50% of 163MW Italian solar farm
Danish renewables developer European Energy has offloaded a 50% stake in its 163MW solar farm in Italy to Italian asset management company Sosteneo.
The ready-to-build solar farm in Mineo, Sicily, will occupy 382 hectares (ha) of land and generate 350...
News & Press Releases
Metsahallitus and Vattenfall to expand Korsnas capacity to 2GW
Metsähallitus and Swedish energy giant Vattenfall have agreed to expand the capacity of the Korsnas offshore wind farm from 1.3GW to 2GW. The wind farm will begin operations in the 2030s.
It will generate 5TWh of clean energy annually, sufficient to...
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