Karoon Energy said it has entered into a long term, fixed price agreement with Shell to purchase credits to offset carbon emissions at the Baúna-Patola development in the Santos Basin, offshore Brazil. KaroonPetróleo e GásLtda, a wholly-owned subsidiary of Karoon Energy, has entered into an agreement with Shell Western Supply and Trading Limited (SWST) to […]

Amea Power, a company specializing in the development of thermal and renewable energy projects, plans to build a 50 Megawatt solar power plant in Oyem in the Woleu-Ntem province. We learned in a note from the Ministry of Investment Promotion on February 2. This project was presented on February 1, 2022 to the Minister of Investment […]

The clamor to reduce the effect of global carbon emission has recently witnessed great concern in Africa as Cyprus-based chrome and platinum miner Tharisaplc has joined forces with France’s Total Eren and Africa-focused energy firm Chariot Ltd to get electricity for a mine in South Africa from a 40-MWp solar project. This singular commitment which […]

Hy2gen, an international company specialized in designing, building and operating facilities to produce green hydrogen and green hydrogen-based derivatives, plans to produce green ammonia as a fuel for the maritime sector, in the municipality of Sauda, on the southwestern coast of Norway. The green ammonia production facility, named Iverson eFuels AS, will be owned by […]

Bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feed stocks such as vegetable oils, animal oils and fat.  The product range includes HVO Gd+, a low emission advanced HVO fuel that can be used as a direct drop-in replacement for diesel. bp’s investment […]

Leading Australian energy producer Woodside has entered front-end engineering design (FEED) on a hydrogen project for the first time, awarding a contract in late December for FEED engineering services to Kellogg, Brown & Root LLC (KBR) for its proposed H2OK project in Oklahoma. H2OK is a liquid hydrogen production facility proposed for the Westport Industrial […]

The Nigeria Sovereign Investment Authority (NSIA), the institution that manages Nigeria’s sovereign wealth fund, is allocating $24 million (10 billion naira) in funding for renewable energy. This investment is aimed at the deployment of more than 200,000 solar home systems in Nigeria. This is another step forward in renewable energy investment in Nigeria. The Nigeria […]

Anglo-Dutch company Shell Nigeria In its quest to achieve global net-zero target, has awarded seven Nigerian start-ups each received a $10,000 grant for their innovative clean energy concepts. The award is part of the second edition of the 2021 Enterprise Development Program (EDP), managed by the Nigerian hub, Clean Technology Incubation and Acceleration Foundation, which […]

Impact investors All On and Katapult Climate are investing $1.4 million in NXT Grid. In Nigeria, the company installs and operates small-scale solar power plants for productive use, powered by artificial intelligence. NXT Grid’s assets will grow in Nigeria over the next two years. The solar mini-grid company is raising $1.4 million to fund its […]

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant […]