Keywords: Solar power
India’s Aditya Birla Group is set to significantly expand its renewable energy business after agreeing to acquire Sprng Energy from Shell in a transaction valued at approximately $1.8 billion, including debt. Announced by Grasim Industries, the deal ranks among the largest acquisitions in India’s......
British energy company Drax has agreed to acquire Bluefield Solar Income Fund (BSIF) in a transaction valued at approximately £561 million, including a permitted dividend. The deal represents a significant step in Drax’s strategy to expand its renewable energy assets and support the United......
Adani Green Energy has reported a significant rise in quarterly profit, driven by strong electricity sales and expanding operational capacity. The company, part of the broader Adani Group, posted a consolidated net profit of 34.2 billion rupees (about 362.8 million US dollars) for the quarter ending......
Germany’s solar power output is set to rise sharply this summer, reducing reliance on natural gas as energy markets face disruption from the war in Iran. Data from BloombergNEF shows solar generation in Europe’s largest electricity market will average about 16.5 gigawatts between April and......
Norwegian energy company Equinor has sold a significant portion of its stake in solar energy firm Scatec, in a deal valued at approximately $169 million. The transaction reflects ongoing adjustments within the global energy sector as companies reassess their investment strategies. The sale involved......
A senior Chinese scientist involved in Beijing's ambitious space-based solar energy program has published a paper detailing how the technology could be adapted for military operations, including surveillance, electronic warfare, and communications control, offering a rare public acknowledgment of......
European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February,......
Chinese researchers working on an ambitious space based solar power project say the technology could eventually serve purposes beyond clean energy generation, including the possibility of weakening typhoons and wirelessly recharging satellites across space. Duan Baoyan, the chief scientist behind China’s......
Lesieur Cristal has commissioned a photovoltaic power plant with a capacity of 2 megawatts at its industrial facility in Aïn Harrouda. The project marks a concrete step in the company’s energy transition strategy and signals a deeper integration of renewable energy within Morocco’s agri......
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