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Shell Agrees Sale of Stake in Vivo Energy to Vitol Africa BV
Shell has signed an agreement with Vitol Africa B.V. to sell its 20% shareholding in Vivo Energy for US$250 million. Completion of this transaction is expected during the first half of 2017, subject to regulatory approval. The sale is in…
NTPC, India’s Largest Power Producer, Enters Wind Energy Market
NTPC Limited, the largest power generation company in India, has finally entered the country’s largest renewable energy sector. NTPC Limited recently announced that it will set up its first wind energy project after months of an aggressive and continued push…
Ghatkopar Building Goes Solar, to Save Rs1.65 Lakh on Power Bills
A residential building has become the first in Ghatkopar to use solar energy to meet their electricity needs. The 15-storey Shivshakti Heights, located near the railway station, has got a 9.135 kilowatt (kW) peak power rooftop solar system installed, which…
Norway’s Biggest Oil Company to Build Huge Offshore Wind Farm Off Coast of New York
If everything goes to plan, New York City and Long Island will be harnessing the Atlantic Ocean’s strong and dependable winds as a source of renewable energy. Norway’s biggest oil company will be developing an offshore wind farm outside of…
UK Hits Clean Energy Milestone: 50% of Electricity from Low Carbon Sources
Half of the UK’s electricity came from wind turbines, solar panels, wood burning and nuclear reactors between July and September, in a milestone first. Official figures published on Thursday show low carbon power, which has been supported by the government…
France Officially Opens World’s First Solar Panel Road
France’s Minister of Environment Ségolène Royal has officially opened the world’s first solar road this week with one kilometer and 2,880 solar panels in Tourouvre-au-Perche. Now the country is waiting to see if the road, built with construction company Colas‘…
Primrose Solar Divests Entire Portfolio of UK Solar Farms
Renewable energy developer Primrose Solar has now divested its entire portfolio of solar farms, having announced the sale of its five remaining UK solar assets yesterday. The 80MW transaction has seen infrastructure investor Equitix acquire five sites from Primose Solar,…