Norway’s $2.1 Trillion Oil Fund Seeks Renewables Deals in U.S.

Norway’s $2.1-trillion oil fund is looking to invest in renewable energy assets in the U.S. and expand its clean energy portfolio in Europe, a senior executive at the world’s largest…

Renault in Talks with Chinese Supplier for Next-Gen EV Motor Technology

Renault is in talks with a Chinese supplier to develop electric-vehicle motors that do not rely on rare earth elements, Reuters reported on Monday, in a move that comes as…

Oil Prices Slip Despite Lukoil Declaring Force Majeure in Iraq

Crude oil prices opened lower today even after Russia’s Lukoil declared force majeure on its operations in one of Iraq’s biggest oil fields because of the latest U.S. sanctions. At…

India and China Lead Global Clean Energy Transition, Says COP30 President Andre Corrêa do Lago

Representational image. Credit: Canva Clean energy took center stage at the opening of COP30 in Belem, Brazil, as COP30 President Andre Corrêa do Lago praised India and China for their…

APTEL Dismisses IREDA’s Review Petition In Kasaragod Solar Tariff Dispute In Kerala

Representational image. Credit: Canva The Appellate Tribunal for Electricity (APTEL) has dismissed a review petition filed by the Indian Renewable Energy Development Agency (IREDA) concerning a tariff dispute over a…

U.S. Solar Projects Face Fewer Delays As Capacity Additions Continue To Rise

Representational image. Credit: Canva Fewer solar power projects in the United States are facing delays in their expected start dates, showing improvement in project execution and timelines. In the third…

IRENA Report At COP30 Highlights South America’s Clean Energy Shift As A $500 Billion Annual Opportunity To Boost Jobs, Growth, And Energy Security

Representational image. Credit: Canva South America’s transition to renewable energy has the potential to unlock major economic and social opportunities, according to the Regional Energy Transition Outlook South America released…

EBRD Boosts Investment In Egypt’s Infinity With Additional $40 Million To Accelerate 3 GW Renewable Energy Projects Across Africa

Representational image. Credit: Canva The European Bank for Reconstruction and Development (EBRD) has announced an additional equity investment of US$40 million in its longstanding client, Infinity, Egypt’s leading renewable energy…

Statkraft Inaugurates 340 MW of New Solar Projects in Brazil, Strengthening Its Renewable Energy Leadership in Latin America

At COP30 in Belém, Norway’s Minister of Climate and Environment Andreas Bjelland Eriksen, Bahia’s Governor Jerônimo Rodrigues, and Statkraft CEO Birgitte Ringstad Vartdal officially inaugurated the Morro do Cruzeiro Solar…

ADB Strengthens Maharashtra’s Clean Energy Transition With $460 Million Results-Based Loan For Rural Solarization

Representational image. Credit: Canva The Asian Development Bank (ADB) has approved a $460 million results-based loan to modernize rural power infrastructure, expand distributed renewable energy generation, and enhance agricultural productivity…