The Latest
Emissions
Getting to 100% Decarbonization: Powering Up Sustainable Energy
Renewables and new technologies could push power emissions to zero but would do so in different ways across global markets.
Liquefied Natural Gas (LNG)
BP Report: Global Energy Consumption Rises, But Growth Rate Slips
BP CEO expresses concerns about the impact of COVID-19 in a ‘pivotal moment’ for the world.
Renewables
Wood Secures Major US Solar Contracts Worth Over $200 Million
Wood, the global engineering and consulting company, has secured two solar engineering, procurement and construction (EPC) contracts from an American power and energy company worth over $200 million on June 16.
Business
Eni Overhaul Separates Clean Energy From Oil, Gas
The new division—called Energy Evolution—will be led by current CFO Massimo Mondazzi, who will maintain his current role until Aug. 1.
Public Capital
Total Acquires Stake in $3.7 Billion Offshore Wind Farm Project
The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotland’s largest offshore wind farm.
Investment
EIG Raises $1.1 Billion for Fund Seeking Energy Transition Opportunities
“With demand for capital high and many traditional sources of capital retreating, the fund is seeking opportunities in the global transition away from traditional hydrocarbons,” EIG President Randy Wade says.
Business
Report: COVID-19 Erases Five Years of Solar Job Growth in US
All 50 states in the U.S. show solar job losses as the industry outpaces the overall economy in job losses, according to a new report from trade group Solar Energy Industries Association.
Renewables
SK Innovation to Start Building Second EV Battery Plant in US
South Korea's SK Innovation Co. Ltd., a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant in the United States, the company said on April 28.
Renewables
Subsea 7 Wins Dutch Offshore Wind Farm Contract
Subsea 7 has been awarded a substantial contract by Vattenfall on April 23 for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18 km to 36 km off the Dutch coast in the North Sea.
Renewables
Wood Snags US Onshore Wind Contracts Worth over $100 Million
Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100 million, the company said on April 14.