EDP-Energias de Portugal SA is poised to reject a 9.1 billion euro ($10.9 billion) takeover offer from China Three Gorges Corp. on the grounds that it undervalues Portugal’s biggest energy company, according to people with knowledge of the matter.
Tata Power Co., one of India’s largest private power utilities, is planning to invest as much as $5 billion to ramp up its renewable capacity fourfold, according to its top executive.
Oil giant BP has announced the signing of a Memorandum of Understanding (MoU) with China’s NIO Capital to explore electric infrastructure opportunities.
The National Subsea Research Initiative (NSRI) has announced plans to restructure to capitalise on what it calls a “growing renewables” market by appointing two new board members.
Aberdeen-based Forum Energy Technologies said yesterday it has delivered a remotely-operated vehicle (ROV) to Limerick University for renewable energy subsea research.
The International Renewable Energy Agency (IRENA) has compiled a report in which it claims that renewable energy jobs have grown to 10.3 million globally.
“You can see that we’re serious about this, can’t you?” said Vince McCarthy, Saipem’s chief operating officer, as we ate lunch aboard the company’s semi-submersible crane vessel moored in Cartagena, Spain.
Scotland’s largest in-development offshore wind farm has been sold by its Irish owner to French energy giant EDF.
The £1.8 billion Neart Na Gaoithe (NNG) array off Fife Ness is one of the largest ever to be brought forward in Scotland and physical construction of the array is due to begin imminently.
The north-east has always been well positioned to capitalise on the emerging renewable energy market, with our decades of experience of working in oil and gas.
Claire Perry MP, energy and clean growth minister said at during the All-Energy conference in Glasgow that the Conservative Party are “absolutely not against onshore wind’ but that her party is against “breaching manifesto commitments”.
Energy and clean growth minister Claire Perry today praised the growth of Scottish renewables in delivering 25% of UK capacity and creating 24,000 jobs.
Scottish energy minister Paul Wheelhouse has announced a Moray Firth wind development contract between Beatrice Offshore Wind Farm and Scottish firm Windhoist Group at All-Energy conference in Glasgow today.
Sinead Lynch, UK country chair for Shell, said yesterday that the oil giant knows that it "needs to change" in the coming energy transition, and "that is what Shell is going to do".
One of the reactors at the Hunterston B power station could remain out of operation for much of the year following the recent discovery of cracks in its core.
Ian Johnson, project manager for Red Rock Power, said yesterday that the Inch Cape wind project should be around the 70 turbine mark and that Chinese investment is an ‘enabler’ to getting Scottish projects off the ground.
Ørsted's UK country manager and co-chair of the Offshore Wind Industry Council, Benj Sykes, said that the Sector Deal for UK offshore wind will more than triple renewables jobs.
While outlining the Scottish Government planned £54.5 million fund to tackle fuel poverty, first minister Nicola Sturgeon said today that Scotland needs to "capture the economic benefits" that renewable energy offers.