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ArcelorMittal delays planned green investments for EU
ArcelorMittal is the second largest steelmaker in the world. It announced on Friday that it was delaying green investments…
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NTPC Green's IPO attracted bids of $1.8 bln, making it the third largest listing in India this year.
NTPC Green Energy (the renewable energy arm of the state-owned NTPC) received bids totaling 154.06 Billion Rupees ($1.83…
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On Monday, the forecast calls for a lower wind demand and an increase in wind supply.
On Friday, European prompt power prices were not traded for Monday due to the expectation of a higher wind power supply in…
Latest news
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The draft COP29 climate financing proposal proposes a $250 billion target for wealthy countries
On Friday, the COP29 Presidency released a draft deal on climate finance that would see developed nations taking the lead…
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Palm oil drops 8% in a week, the worst drop for 19 months.
Malaysian palm futures fell on Friday, their biggest weekly drop in over a year. Weak soybean oil prices and concerns about demand weighed them down.
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Japan's JERA will restart coal-biomass combustion at Taketoyo by 2027
JERA, Japan's largest power generator, announced on Friday that it will restart coal and biofuel co-firing in its Taketoyo…
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COP29 hosts urges collaboration as final negotiations of the deal enter stage
Azerbaijan, the host of COP29's climate summit, urged participants to come up with a financial deal by Friday as negotiations…
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NTPC Green’s $1.2 billion IPO is fully subscribed by the final day in India’s bet on renewable energy
Investors bet on India's growing need for clean energy. The $1.2 billion NTPC Green Energy initial public offering was fully…
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Axpo, a Swiss company, is looking at opportunities in Japan's power and LNG trading
Axpo, a Swiss power producer and trader, is looking at opportunities in Japan's electricity and liquefied gas (LNG), as the…
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Palm to drop for second week on weak soya, concerns about demand
Malaysian palm futures fell on Friday, and are headed for another week of losses. Weak soybean prices and looming concerns…
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New York grid operator warns about undersupply by 2033
The state grid operator warned on Thursday that New York City could face power shortages in summer 2033 due to a growing…
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COP29: Climate agenda clashes with trade demands
At the COP29 Climate Summit, trade tensions are escalating. According to U.N. documents, and negotiators, China, Brazil,…
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Palm extends its losses amid China trade fears and weak demand
Malaysian palm futures fell for the second session in a row on Thursday as concerns about U.S. Tariffs on China, and a weakened demand for palm…
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Fuels and carbon gain from a curve that shows a fall in spot prices
The European spot electricity prices fell on Friday on the back of forecasts that higher wind generation will be occurring…
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The new COP29 proposal reveals a wide gap in climate financing
The United Nations Climate body published new options on Thursday for the COP29 Summit's primary objective of agreeing to…
Solar
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Sources say that Chinese exporters will increase prices and renegotiate after the tax rebates are cut.
Analysts and traders said that Chinese exporters will increase prices on a variety of products, from used cooking oil to aluminium…
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Solar power in favelas of Brazil hopes to shine under G20 spotlight
Residents of Morro de Babilonia in Rio de Janeiro, one of the underdeveloped "favela" neighborhoods, rarely discuss geopolitics.
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Sources say that a JV of green arms from India's NTPC and ONGC has bid $650 mln for Ayana Renewable.
Two people who were involved in the deal said that a joint venture between India's NTPC Green Energy, and ONGC Green Energy…