Thursday, 23 January 2025

Focus on Infrastructure

FILE PHOTO: A logo of Nexans is seen on F/UTP cable, at the Rexel Expo, at Porte de Versailles exhibition center in Paris, France June 20, 2022. REUTERS/Benoit Tessier/File Photo
BusinessElectricityInfrastructureNewsOffshore WindTradeTransmission

Offshore wind cable maker Nexans says it might turn US plant into export hub

Nexans may turn its U.S. plant into an export hub to Europe if Trump’s policies challenge U.S. offshore wind projects.

A silhouette of people sat in a large room looking at a blue-lit screen with 'COP29' on display.
AgricultureClimate FinanceInfrastructureNews

Finance and business deals announced at COP29 climate talks

The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.

AnalysisBusinessClimate FinanceEconomyElectricityEmissionsRegulationsSolarTradeUtilitiesWind

Vietnam’s renewable energy policy is spurring decarbonization of global brands

Vietnam’s new Direct Power Purchase Agreement enables global brands to decarbonize supply chains by sourcing renewable energy.

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsOffshore WindWind

Siemens Energy won’t propose dividend for fiscal year 2024

Siemens Energy will not issue a 2024 dividend due to German-backed guarantees, pausing payouts and top-level bonuses.

FILE PHOTO: A recording light of a TV camera is flashing red as Siemens Energy CEO Christian Bruch addresses the annual results news conference in Munich, Germany, November 15, 2023.   REUTERS/Leo Simon/File Photo
BusinessManufacturingNewsOffshore WindUtilitiesWind

Siemens Energy raises mid-term outlook as turnaround gathers pace

Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.

AnalysisBuildingsClimate FinanceEconomyEfficiencyElectric Vehicles (EVs)ElectricityEmissionsOpinionPoliticsReportsUtilities

Calculating clean energy household savings for Canadians and how government incentives could help

Canadian households could cut costs and carbon emissions with clean energy solutions, but government incentives are crucial to widespread adoption.

The projects are due to be completed by 2032 (Ben Birchall/PA)
BusinessElectricityInfrastructureNewsOffshore WindRegulationsTransmissionUtilitiesWind

Subsea electricity links between UK and Europe approved

Ofgem approves five new subsea power lines, boosting UK’s wind power export to Europe and aiding energy security by 2032.

The minister was urged to give an assurance over national security (Nick Ansell/PA)
BusinessElectricityNewsRegulationsTransmissionWind

UK urged to rule out allowing wind turbines ‘controlled by hostile states’

UK Government avoids ruling out wind turbines built by "hostile" states, amid concerns over energy security.

FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City.
BusinessElectricityNewsSolarUtilitiesWind

Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says

Hedge funds bought bank stocks and bet against renewable energy after Trump's election win, Goldman Sachs notes.

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