African Energy Week has ended in Cape Town, South Africa and in a featured panel discussion that focused on the role of hydrogen as an energy fuel of the future and the significant potential it has as an alternative energy source for sub-Saharan oil and gas producing countries. Under the theme ‘Hydrogen, Game Changer for […]
Shell has signed an agreement with Irish leading blue economy developer Simply Blue Group to acquire a 51% share of their Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. This follows a similar agreement earlier this year to jointly develop the Emerald floating wind project off […]
Equinor has signed a Memorandum of Understanding (MoU) with Korean East-West Power (EWP) to cooperate on 3 GW of offshore wind projects in South Korea. Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea. The Korean Government has set out an ambition to […]
ENGIE has completed the acquisition of Abengoa’s indirect stake in Xina Solar One (Pty) Ltd. Following completion of the transaction, ENGIE will now hold a 40% equity stake in the Xina Solar One 100 MW Concentrated Solar Power (CSP) plant, as well as a 46% of the Xina Operations & Maintenance Company (Pty) Ltd. The […]
African Development Bank President Akinwumi A. Adesina used the global stage of COP26 to rally support for the flagship Desert to Power project, which aims to provide solar electricity to 250 million people across 11 Sahel countries. The project recently received $150 million in concessional resources from the Green Climate Fund and a $20 million […]
Daystar Power, the leading provider of solar power solutions to West Africa’s industrial manufacturers, announced that it has reached an agreement with SBC to install 10.5MW solar power systems for five of its factories across Nigeria. This will bring SBC’s total installed solar power capacity to 12MW, making it Nigeria’s largest industrial manufacturer to power […]
Barely a week after ExxonMobil and Pertamina, the state-owned energy company for Indonesia, signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. In an MoU which was signed near Glasgow, Scotland, where world leaders recently gathered to discuss climate policies during COP 26. The company and […]
At the United Nations Conference of the Parties (COP26), Administrator Samantha Power announced a new partnership with the African Union Commission (AUC) to reach the Paris Agreement goals of reducing carbon emissions and building long-term adaptation plans. Administrator Power announced the launch of the Comprehensive Africa Climate Change Initiative (CACCI) alongside JosefaSacko, African Union Commissioner […]
At ExxonMobil, we develop and deploy solutions that meet society’s needs. Today, that means taking a leading role in providing the products that enable modern life, reducing carbon emissions and developing needed technologies to advance a lower-carbon emissions future. Benefits of increased investment Over the next six years, ExxonMobil plans to invest more than $15 […]
Baker Hughes an energy technology company, has announced an investment in Ekona Power Inc., a growth stage company developing novel turquoise hydrogen production technology. Through its investment, Baker Hughes will enhance its broader hydrogen and natural gas decarbonization solutions portfolio, further contributing to the energy transition. Turquoise hydrogen is made from methane using pyrolysis, also known […]
