Citicore Renewable Energy Posts 28% Profit Growth in First Nine Months of 2025 on Strong Solar Output and New Capacity Additions

Representational image. Credit: Canva Citicore Renewable Energy Corporation (CREC) reported a 28% year-on-year increase in net income, reaching PHP 966 million for the first nine months of 2025, driven by…

Germany Slashes Capacity to Tender for New Gas Plants

Germany’s ruling coalition has slashed in half the capacity of new natural gas-fired power plants it aims to tender by 2032 in a significant scale-down from the previously planned 20…

India’s Refiners Turn to the U.S. in Break from the Gulf

India’s state-run refiners have locked in their first-ever long-term deal to import U.S. liquefied petroleum gas (LPG), awarding tenders to Chevron, Phillips 66, and TotalEnergies Trading for delivery beginning in…

EtihadWE Signs MoU with ePointZero to Explore New Power Generation Projects and Support UAE’s Clean Energy Transition

Etihad Water and Electricity (EtihadWE) has signed a Memorandum of Understanding (MoU) with ePointZero, a global energy-focused investment platform under the International Holding Company (IHC), to explore new power generation…

KPI Green Energy Signs ₹696.50 Crore Contracts with SJVN for 200 MW Solar Project in Khavda

KPI Green Energy Limited has entered into contract agreements with SJVN Limited, a Government of India Enterprise, for the development of a 200 MW (AC) solar power project at the…

South Africa lifts PBMR from care and maintenance

The decision will enable South Africa to take its “rightful place” as a major fuel cycle player and will bring commercial opportunities as well as support production of domestic electricity and the…

Aecon and Norsk Kjernekraft aim to develop SMRs in Norway

The partnership aims to develop a roadmap for feasibility studies, licensing, stakeholder management and site identification – Norsk Kjernekraft has already identified 10 potential locations where environmental assessments will begin.…

More support for tripling global nuclear capacity

There are about 440 nuclear power reactors with a combined capacity of almost 397 GWe operating in 31 countries with at least 70 power reactors under construction, which will add…

Shell Ordered to Pay Venture Global’s Legal Fees After Arbitration Loss

Earlier this week, Reuters reported that Shell challenged its defeat in the New York Supreme Court, weeks after rival BP won a similar arbitration worth more than $1 billion. Both…

Peregrine Energy Secures New Equity and Debt Financing for Battery Storage Expansion

Representational image. Credit: Canva Peregrine Energy Solutions (Peregrine), a clean energy platform focused on utility-scale battery storage, announced it has secured a preferred equity commitment from Bildmore Clean Energy for…