Monday, 21 April 2025

Focus on Infrastructure

This photo shows power lines in Hanoi, Vietnam, Tuesday, July 9, 2024. Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the country's overstrained grid. (AP Photo/Hau Dinh)
BusinessEconomyElectricityIndustryManufacturingNewsTransmission

Vietnam allows big companies to buy clean energy to hit climate targets

Factory owners such as Samsung look forward to using Vietnam DPPAs to circumvent country's strained grid and harness green energy instead.

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019.    REUTERS/Nick Oxford/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsOilTransmissionUtilities

US oilfield firms slash prices as mega-mergers shrink customer base

A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy

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

Utility NextEra reports Q2 profit miss as segment sales slide

NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment

ScottishPower also builds and operates wind farms in the UK (Tom Leese/PA)
BusinessElectricityFinanceInfrastructureNewsPoliticsRegulationsTransmissionUtilitiesWind

ScottishPower earnings hit after energy crisis allowance payment drops off

ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...

FILE PHOTO: An oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
BusinessFinanceFuelInfrastructureNewsOilTransmission

Russia considering ban on diesel exports, Kommersant reports

The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday

The Crown Estate owns Britain’s seabed up to 12 nautical miles from the mainland (Anna Gowthorpe/PA)
BusinessElectricityFinanceInfrastructureNewsTransmissionUtilitiesWind

Wind farms more than double UK Crown Estate profit to £1.1bn

The Crown Estate owns the vast majority of Britain’s seabed, and leases part of it to wind farm operators.

Demand for green home heating products like solar panels and heat pumps is expected to rise as part of the transition to net zero (Andrew Matthews/PA)
BuildingsEfficiencyEmissionsNewsRegulations

Scotland’s consumer watchdog to investigate green home energy market amid fears of scams

The investigation will also look at whether consumers are presented with fair and affordable incentives.

FILE PHOTO: EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
BusinessElectric Vehicles (EVs)InfrastructureNewsPoliticsTradeTransport

Forvia and BYD to bring Asian partnership to Europe

The two companies plan to operate together in BYD's new factory in Hungary.

Wind turbine technician Terrill Stowe stands on the nacelle, which houses the gearbox and generator, atop the tower of a wind turbine on the campus of Mesalands Community College in the former Route 66 town of Tucumcari, New Mexico (AFP)
EfficiencyElectricityIn-DepthInfrastructureTransmissionUtilitiesWind

Don’t look down: Fearless trainees propel US wind turbine boom

High above the New Mexico plains, technicians train on a towering wind turbine, tackling the booming wind industry and its challenges.

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