EDP Renewables announced a 2% growth in net income for the year 2022, driven by a 10% increase in renewable energy production and its asset rotation strategy.

Technip Energies announced a 23% decline in revenues in 2022, following the exit of its huge liquefied natural gas project in Siberia. However, the company recorded an improvement in net income, confirming its potential in LNG markets that it considers promising in the short term, both in Europe and in Asia.

Neoen has recorded a 10% growth of its net profit in 2022 thanks to the growing demand for green electricity. With an ambitious target of 20 GW installed or under construction by 2030, Neoen is positioned among the world's leading energy companies.

ABO Wind has reached an agreement with Repsol Renovables for the sale of five renewable energy projects in Spain. The projects will produce enough clean electricity to power 172,000 homes and avoid 266,000 tons of CO2 emissions annually.

Three of Octopus Energy's competitors have filed a lawsuit in the U.K. court challenging the government-backed takeover of energy provider Bulb, which they say is opaque. They denounce the use of billions of pounds of public money to support the sale of Bulb to Octopus.

Entergy Services has filed a waiver request with the Federal Energy Regulatory Commission for the next three seasonal capacity auctions in the Midcontinent Independent System Operator (MISO), citing new seasonal capacity certification rules that significantly reduce the value of certain fossil fuel plants.

BP's chief executive Bernard Looney is to receive a one-off bonus of £11.4 million, following the rise in oil prices in 2022. The announcement is raising questions among investors and increasing political pressure on BP, which is facing calls for higher taxes on windfall profits.

Four ex-employees of RTE, manager of the high voltage lines, are judged for obstructing the operation of the electricity network. The defendants are suspected of having caused a "loss of remote control" of electrical substations on the remote network, in the midst of a labor dispute over wages and against the backdrop of the energy crisis. The CGT denounces a "union criminalization of strike actions".

The deal to take over bankrupt Britishvolt from Australian start-up Recharge Industries has been delayed as administrators need more time to review the start-up's plans. Britishvolt went bankrupt in January, dealing a blow to the British government's ambitions to achieve carbon neutrality by 2050.

Eskom's governance crisis continues to deepen in South Africa, with the abrupt resignation of its CEO André de Ruyter. The latter has denounced the corruption that undermines the company and has made heavy accusations against the ruling party. Eskom has appointed Calib Cassim as interim leader.

ADNOC Gas is opening up 4% of its capital by selling 3.07 billion shares at a price between 0.58 and 0.62 euro. This operation will allow the company to raise nearly 2 billion euros with leading investors such as a South African fund and an Emirati fund. The offer closes on March 3 and is expected to be listed on the Abu Dhabi Stock Exchange on March 13.

Italy's Eni Group on Thursday announced record net profits of 13.8 billion euros for the year 2022, more than double the profits made the previous year. A tax on "excess profits" has also been introduced by Italy and competitors are following suit despite the fact that Eni's share price is falling on the Milan stock exchange.

Venture Equity acquires more than 1.8 million shares in Southern Energy Corp, strengthening its position in natural gas exploration and production.

Schneider Electric had an outstanding 2022 with strong growth in its electrification and energy efficiency business. The group recorded a net profit of 3.477 billion euros, up 9%, and revenues of 34.176 billion, up 18.2%. Schneider Electric continues its expansion with the appointment of Peter Herweck as CEO for 2023, and ambitious goals for the coming year.

French private equity is mobilizing in favor of the ecological transition. Investments in eco-responsible companies have reached a record of more than 3.4 billion euros in 2022, according to a study published Thursday by France Invest, in partnership with EY and GreenUnivers. Mobility and renewable energies have attracted particular attention from investors, who see strong growth potential in these sectors.

A growing business in 2023 thanks to a strong order book. After a decline last year that penalized the net profit, GTT expects an increase in activities and sales in 2023 thanks to a successful order dynamic and Russian Arctic projects that are still open. The dividend is unchanged at 3.10 euros per share.

The Nepal Electricity Authority (NEA) and GE Renewable Energy have entered into a multi-million dollar contract to improve Nepal's electricity transmission system. This project includes the automation of all 39 substations and the upgrading of relay panels and other necessary components to improve reliability, efficiency and financial viability for Nepalese citizens.

In 2022, EDF recorded one of the most massive losses in French history, with a loss of 17.9 billion euros. The company has been confronted with disruptions in its nuclear fleet and pressures related to the forced contribution to the "tariff shield" of the French, despite a 70% increase in its revenues. The French government is putting strong pressure on EDF to increase energy production and prepare the project of new EPR reactors.

SolarEdge Technologies, Inc. ("SolarEdge") announced the launch of a multi-year agreement with Freedom Forever to provide residential smart energy products and solutions in the United States. Electricity costs, recent storms and new regulations are bringing solar and battery-based solutions to the forefront.

Equinor awards major contract to Aibel for Hammerfest LNG modifications for the Snøhvit Future project. This EPCI contract includes the engineering, procurement, construction and installation of two new process modules related to compression and onshore electrification of the Melkøya plant. The goal is to extend the life of the plant until 2050, while reducing CO2 emissions by 850,000 tons per year.

On Tuesday, Enel, Italy's largest utility, announced an ambitious asset sale plan aimed at reducing its net debt by the end of this year. The company will then focus on six main markets in Europe and the Americas.

Nexans is announcing a "record" year in 2022, with net profit up sharply by 51% to 248 million euros, thanks to the electrification activities and the remarkable contribution of its "Power Generation & Transmission" segment. The U.S. is a key market for the group, which plans to continue its strategy of championing sustainable electrification globally as part of its 2022-2024 transformation plan called "Winds of change."

Despite huge fines, Swiss group Glencore sees its net profit soar in 2022. Rising commodity prices and slowing demand could damage the economic outlook for 2023.

Naturgy recorded a 35% increase in net profit, driven by the surge in energy prices on the world markets. This performance, which exceeded analysts' forecasts, enabled the Spanish giant to reduce its debt and accelerate its investments, particularly in the renewable energy sector. An ambitious strategy for the future of the company that confirms its position as a leader in the energy sector in Spain.

Enedis is about to launch a massive recruitment campaign to respond to the expansion of renewable energies in France. In 2023, the EDF subsidiary plans to hire nearly 2,900 people to connect to the solar, wind and hydro power grids, as well as for the electrification of uses and the connection of charging stations for electric vehicles. This announcement marks a real turning point for Enedis, which plans to recruit 10% more than in 2022, while the employment curve had been trending downward since 2016.

The company DG Raspail Conseil has been convicted of concealing favouritism with EDF. 81,000 fine for contracts awarded without competition or advertising. This decision was pronounced within the framework of a procedure of preliminary recognition of guilt (CRPC) and the sentence was approved by a judge.