In a significant move towards securing a foothold in the renewable energy landscape, BP announced the acquisition of Bunge's 50% stake in their Brazilian sugar and ethanol joint venture, BP Bunge Bioenergia, for $1.4 billion. This acquisition not only consolidates BP's position in one of
In recent years, the EU has claimed the title of the world's largest producer and consumer of wood pellets. However, despite its dominant position, the pellet market has faced significant challenges in 2023. This year has marked a shift, breaking a two-decade trend of continuous growth for the
Octopus Energy, a prominent player in the global renewable energy landscape, has taken a significant step into the US renewable energy sector through the acquisition of two solar power facilities. This move not only marks its entry into the US market for the first time but also aligns with its
Healthcare facilities in the United States annually spend over $6.5 billion on energy costs, with a significant portion of this expenditure attributed to cooling and ventilation, which together account for 40% of the total energy usage. Lighting contributes an additional 16%, while computing and
Eurus Energy UK has announced a landmark investment in the 100MW Pentland Floating Offshore Wind Farm off the coast of Caithness, becoming the latest key player in an ambitious consortium dedicated to advancing renewable energy. With this move, Eurus Energy joins Highland Wind—primarily owned by F
The energy landscape in New England is undergoing a momentous shift toward a greener future. As the region prepares to bid farewell to its last coal-fired energy plant by 2028, Massachusetts is pivoting toward a brighter, cleaner horizon. The spotlight is shining on the vast potential of rooftop
