RWE buys back $1.6 billion in shares as the outlook for US offshore wind and hydrogen worsens
RWE, Germany’s largest utility, announced on Tuesday that it would purchase up to 1,5 billion euros ($1.6billion) in shares. The company cited weakening prospects in Europe for hydrogen and offshore wind, in response to Donald Trump’s election win.
A group of armed men claims to have taken control of the rare earth mines in Myanmar
A group of rebels fighting Myanmar's ruling army has claimed control of a mine hub, a major supplier to China of rare earth oxides. This will likely disrupt shipments of materials used in clean technology and other technologies.
CorPower Ocean, a wave energy technology company, has secured 32 million Euros.
The firm announced on Wednesday that it had secured funding of 32 million euros ($35 millions) to help commercialise wave energy technology. Wind and tidal projects are being developed in some countries to reduce emissions and achieve climate goals.
US unveils first of two decisions regarding solar tariffs
The U.S. Trade officials may this week impose new tariffs against solar panels imported from four Southeast Asian countries. American manufacturers claim that these nations provide unfair subsidies, which make U.S. goods uncompetitive.
8 Rivers Capital, Sembcorp Energy to Build Net-Zero Emissions Plant in UK
U.S. clean technology firm 8 Rivers Capital and Sembcorp Energy UK, a subsidiary of Singapore-based Sembcorp Industries, plan to build a net-zero emissions power plant in Teesside in northeast England, the firms said on Tuesday.The 300-megawatt project…
MAN Cryo to Supply LNG Fuel-Gas System
MAN Energy Solutions said that its marine LNG fuel-gas-system manufacturer MAN Cryo has been contracted to supply an LNG fuel-gas supply system for Norwegian shipowner, Egil Ulvan Rederi newbuild.According to MAN…
India, UK Govts Invest $711 mln in Indian Renewable Energy Fund
Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India. The fund…
Sustainable Marine Energy’s Inshore Platform PLAT-I Powers Up
On November 25th Edinburgh-based tidal energy technology developer Sustainable Marine Energy (SME) completed the installation of its game changing PLAT-I tidal energy system at Connel, near Oban in western Scotland.
Canada Government, Industry to Collaborate on Clean Tech
The Canadian and Alberta governments and three energy companies said on Thursday they will spend C$70 million ($51.14 million) to develop three new clean technology projects, aimed at cutting costs and carbon emissions in the country's oil sands.
Canada, G7 Partners to Push LNG
The Government of Canada recognizes the critical role of international cooperation on energy, as it impacts economic and social development, innovation, safety and security, environmental protection, and climate change.
Genoil Bolsters Management Team
Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, has announced the addition of a special adviser to its management team with the appointment of Douglas A.
Genoil Appoints Middle East VP
Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, announced the appointment of Raushan Telyashev as Vice President of Genoil Middle East. Raushan Telyashev…
Statoil Wins Offshore Wind Lease in New York
Just days after Deepwater Wind said its Block Island Wind Farm has begun delivering electricity into the New England region’s grid, Statoil reports that it has been declared the provisional winner of the U.S.
Trump's Energy Policies Not Yet Defined: Kemp
Donald Trump's victory in the U.S. presidential election will trigger a race among journalists, analysts and traders to explain what it means for energy policy and markets. But the president-elect does not yet…
LR Awards First Technology Qualification for Ocean Energy
Innovative renewable technology gives confidence to a new form of approved ocean energy power generation. Following more than two years of cooperation, Lloyd’s Register has awarded its first Technology Qualification…
EU Seeks Bigger Clean Tech Fund, Targeted CO2 Permits
The European Union should boost its clean technology fund and adopt a more targeted approach to allocating free carbon permits to keep industry from moving abroad to avoid pollution curbs, a leading EU carbon policymaker said on Friday.
Genoil Appoints Consultancy BLUE
Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industries, today announced the appointment of BLUE Communications Ltd, a leading communications and business consultancy specializing in the marine…
Statoil Debuts Batwind
A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed…
World's Least-Polluting Nations at Table in Paris
If your country were responsible for only 0.05 percent of the world's climate-changing emissions, you might not think it worth making a plan to curb that pollution - especially when you still need to get electricity to much of your population.
Linde's LNG Fuel Gas System for High-speed Ferry
The Linde Group, via its Swedish Engineering subsidiary Cryo AB, has been awarded a contract by Meyer Turku Shipyard of Finland to build a liquefied natural gas (LNG) fuel gas system for the next-generation high-speed ferry being built for AS Tallink Grupp.
