International Edition

Day: May 3, 2023

RWE and Siemens Gamesa: framework agreement for onshore wind power

The energy group RWE and Siemens Gamesa have signed a framework agreement for the construction of onshore wind farms in Europe, with the aim of a total capacity of 1,000 megawatts by 2027. This agreement strengthens the long-standing cooperation between the two companies in the wind energy sector.

Ethical Power opens Conrad Energy’s first solar farm

Ethical Power has begun work on the 45 MW Larport solar farm, developed and owned by Conrad Energy, which is expected to generate approximately 44,000 MWh per year and provide a significant biodiversity gain for the region.

Snowy 2.0: a crucial investment in Australia’s future

The Snowy 2.0 hydroelectric project in Australia is experiencing a two-year delay and will cost more due to several factors. This represents a setback for the Australian government’s renewable energy targets and highlights the complexity of projects of this scale.

Mexico announces $14 billion investment by Mexico Pacific

Mexico Pacific is embarking on ambitious infrastructure projects in Mexico with the construction of a natural gas pipeline and liquefaction plant in the state of Sonora, as well as shipping liquefied gas to Asia from a terminal already under construction.

Gas: $1 billion agreement between UAE’s ADNOC and TotalEnergies

TotalEnergies signs a three-year agreement with ADNOC Gas to supply it with liquefied natural gas and diversify its supply sources in Europe. This agreement is primarily aimed at the Asian market and is part of a search for energy security in the face of Russian dependence.

BP returns to profit in 1Q after historic Rosneft-related loss

BP posted a net profit of more than $8 billion in Q1, compared with a loss of $20.4 billion a year earlier, thanks to the end of its operations in Russia. BP expects oil and gas production to decline in Q2 and anticipates lower refining margins than in the first quarter.

Olaf Scholz seeks clean energy partnership with Kenya

German Chancellor Olaf Scholz is visiting East Africa to build partnerships in clean energy, particularly with Kenya, a pioneer in renewable energy, while he will seek to strengthen economic and political relations with the region.