Latest Stories

India's Oriana Power clinches INR1.38bn contract for 20-MW solar project in Dhanbad

28 August 2023

Oriana Power has emerged victorious in securing a noteworthy contract valued at INR1.38bn ($16.7mn). The contract, awarded by Bharat Coking Coal Ltd (BCCL), is for the establishment of a 20-MW AC ground-mounted solar photovoltaic power plant.

Shell to pump INR35bn into renewable power, LNG imports and EV charging in India

28 August 2023

This substantial infusion of funds aims to establish a multi-faceted energy ecosystem comprising renewable energy infrastructure, electric vehicle charging stations, and a cutting-edge liquefied natural gas regasification terminal.

Togo inaugurates new network in Koto Cope to boost rural electrification

27 August 2023

Togo has given a major boost to its rural electrification strategy by inaugurating a new power network in Koto-Copé, a village 17 km south of Atakpamé – the fifth-largest city in Togo by population in the Plateaux Region.

Russia stems gas output decline in July

27 August 2023

The year-on-year decline in Russian natural gas production in 2023 continued to slow in July, state statistics cited by the Moscow-based Vedomosti newspaper on August 24 showed, in part reflecting a recovery in exports to the European market.

Bolivia in preliminary talks with Russia's Gazprom on investments

27 August 2023

Bolivia is in preliminary talks with Russia’s state gas producer Gazprom on investments, the South American country’s president Luis Arce said on August 25, according to the Moscow-based PRIME news agency.

Brazilian natural gas pipeline prices rise sharply

27 August 2023

Contracts on the TAG network – Brazil's most extensive system in the north-eastern coastal states which initially had the lowest gas prices after the market opening in 2021 – have risen to prices similar to the TBG system in the south this year.

Delays to Baltic coast LNG terminal spark concerns in Germany

27 August 2023

Concerns are mounting in Germany that a second planned LNG terminal near the island of Rugen may not begin operating before winter as the project faces stiff opposition from the nearest town and environmental groups.

Izdemir sells 24% stake in coal plant unit via Istanbul IPO for 3bn lira

25 August 2023

Observed "from space", it may appear that Turks are rushing to buy shares in flotations. But no-one is actually checking whether the buyers are fake accounts run by puppeteers.

Invenergy-led consortium completes $1.5bn purchase of utility's unregulated renewables portfolio

25 August 2023

Invenergy announced that IRG Acquisition Holdings has closed on the acquisition of American Electric Power’s (AEP) 1.365-GW unregulated, contracted renewables portfolio for $1.5bn enterprise value.