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DTE Energy to spend $9bn in 10 years on 5.4 GW of renewables, storage, coal-to-gas switch
US company DTE Energy plans to add some 4.4 GW of solar, 1 GW of wind and 750 MW of storage within 10 years. Along with switching most coal power-plant generation to natural gas, this plan will cost some $9bn.
Wind lease areas in Gulf of Mexico designated, could host 8.5 GW
The US Bureau of Ocean Energy Management has designated two offshore Wind Energy Areas in the Gulf of Mexico for development. The areas could be home to 8.5 GW of installed capacity.
British PM Rishi Sunak addresses COP27, touts renewable energy
As he headed to the COP27 summit in Egypt, the UK’s new prime minister, Rishi Sunak, declared that he wants to make the UK a “clean energy superpower.”
Renowned former petrochemicals CEO Konov sells stake in Sibur
Dmitry Konov, former CEO of petrochemicals major Sibur, says he no longer owns a 2.59% stake in the company. He stepped down as head of the company in March 2022 after the EU introduced sanctions against him, which he is appealing.
Energean makes another East Med discovery
Offshore seismic begins as Iraqi investments come to the fore
Namibia secures $544mn climate finance from European Investment Bank (EIB), Dutch government at COP27
South Africa signs €600mn loan agreements with France, Germany to reduce reliance on coal through just energy transition
South Africa signs €600mn loan agreements with France, Germany to reduce reliance on coal through just energy transition
AfrElec: South Africa signs €600mn loan agreements with France, Germany to reduce reliance on coal through just energy transition
South Africa tech groups BCX, Twoobii partner to deliver rapid data & voice connectivity service
COP27: African leaders ask developed nations to meet their $100bn pledge to help continent respond to climate change
Kazakh president oversees launch of integrated gas-petrochemical facility in Atyrau Region
UK commits to fast track $4.2bn of green investment in Kenya
Poland to slow coal phase out but keeps 2049 exit date unchanged
OMV Petrom reportedly shows interest in Midia offshore project
PIDG's InfraCo Africa invests $15m to anchor guarantee company, facilitate UK-backed green projects in Kenya
Ukrainian citizens could see end of blackouts in two weeks, if Russia does not damage more infrastructure
If Russia does not damage any more Ukrainian energy facilities, then Ukraine’s energy system could be stabilised in two weeks, Ukraine Business News reported on November 8.
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