Ancala, an independent infrastructure manager with an impressive €4 billion portfolio across 18 investments in 15 countries, has recently acquired a 5 MW biomass facility in Croatia from the renewable energy company Akuo. The newly acquired site, Elektrana Grubišno Polje (EGP), is strategically
Xcel Energy, a prominent utility company in Colorado, finds itself in a financial quandary due to an overwhelmed budget for its energy efficiency programs. With more customers than anticipated eager to participate, the company has already exhausted much of its allocated funds for 2024, prompting a
Jordan, a country with abundant sunshine, is blazing a trail in renewable energy with its ambitious solar projects. Spearheaded by the Jordan Renewable Energy and Energy Efficiency Fund (JREEEF), under the Ministry of Energy and Mineral Resources, these initiatives are vital for the country's
Saudi Arabia is making significant strides in its green energy initiatives as part of the ambitious Saudi Vision 2030 program, aimed at diversifying its economy from traditional oil and gas sectors. Launched in 2016, this vision has seen the kingdom pursue a range of low-carbon production
The rapid expansion of battery storage systems in the United States is revolutionizing the energy sector, particularly in states like California and Texas. This development is fundamentally altering how the grid interacts with renewable energy sources, ensuring a stable and reliable energy supply.
Phillips 66, a prominent US oil refiner, recently finalized a deal with Voyager Midstream for the divestment of its natural gas gathering and processing assets. This transaction, supported by Pearl Energy Investments, is a pivotal move in Phillips 66’s broader strategy to streamline its operations
