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Future without load shedding possible for South Africa, Eskom board chairperson says

7 August 2023

Other than saying it was possible to envision an end to outages plaguing South Africa, Eskom's board chairman remained vague when questioned about timelines for key developments at the troubled utility.

Germany’s Uniper to spend €8bn to accelerate green transition

7 August 2023

Germany’s state-owned energy company Uniper announced on August 1 that it will allocate €8bn ($8.8bn) up until 2030 to transforming itself into a green business, Renewables Now reported.

Guyana's VP hits back at critics of gas-to-energy project

7 August 2023

The vice president of Guyana, Bharrat Jagdeo, blasts the criticism directed at the nation’s gas-to-energy project. He insists gas is being used to transition the country away from the use of heavy fuel oil.

US Department of Energy earmarks $453mn for home solar and battery storage in Puerto Rico

7 August 2023

Puerto Rico’s green energy industry has received a major boost with the US Department of Energy (DoE) announcing on July 31 that it will provide up to $453.5mn in funding to support residential rooftop solar and battery storage installations.

ADNOC to acquire stake in Azerbaijan’s Absheron gas field

7 August 2023

The Abu Dhabi National Oil Co. (ADNOC) this week agreed a deal to buy into its first international upstream project, through the acquisition of a 30% stake in Azerbaijan’s offshore Absheron gas field.

VoltStorage receives EU-backed €30mn loan to advance battery technology

7 August 2023

German battery storage firm VoltStorage has secured a venture debt loan worth €30mn ($33mn) from the European Investment Bank (EIB), Energy Storage News reported on August 1.

Energia Group and Vargronn to jointly develop two Irish offshore wind farms

7 August 2023

Ireland’s Energia Group and Norway’s Vargronn announced on August 1 that they will team up to jointly develop two offshore wind sites off the southern and eastern coasts of Ireland Renewables Now reported.