July 25 (Reuters) – TotalEnergies (TTEF.PA) said on Tuesday that it would take full control of renewable energy company Total Eren, increasing its stake from 30% in the company to full ownership. TotalEnergies said that as part of the transaction, Total Eren would be valued on an enterprise value basis …
Read More »Canada’s Heliene plans new US solar panel and cell factory
July 24 (Reuters) – Canadian solar panel maker Heliene is planning a major expansion of its US manufacturing operations with a new Minnesota factory that will produce both modules and cells, its chief executive told Reuters. The company, which already makes panels in Iron Mountain, Minnesota and Ontario, Canada, is …
Read More »Chinese petchem firms are betting big on energy transition products
SINGAPORE, July 24 (Reuters) – Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies. The investments illustrate China’s drive to reduce its import dependence and further cement …
Read More »Novatek set to oust Gazprom as Russia’s top gas supplier to Europe
[1/8]Russian President Vladimir Putin launches the first natural gas liquefaction line on a gravity-type base for the Arctic LNG-2 project as he visits the Novatek-Murmansk’s Offshore Superfacility Construction Center in the village of Belokamenka, Murmansk region, Russia July 20, 2023. … Read more Gazprom’s 2022 gas exports to Europe fell …
Read More »ACEN Corp ties up with Australia’s Aboriginal group to develop renewable energy
July 18 (Reuters) – Philippine energy company ACEN Corp (ACEN.PS) said on Tuesday it had partnered with Australia’s Yindjibarndi Aboriginal Corporation (YAC) to develop a renewable energy project in the Pilbara region of Western Australia. The partnership, known as the Yindjibarndi Energy Corporation (YEC), would develop renewable energy projects with …
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