French supermajor Total S A CEO Patrick Pouyanne made a day-long visit to India to review the gas and renewable energy projects his firm has with Adani Group. Total has joint ventures with Adani Group firms for city gas distribution, LNG import terminal, and renewable energy projects. In February this year, Total and Adani Green […]
Saudi-French Partnership to Invest SR 200 Million in Manufacturing Advanced Solar Panels
The Saudi Arabian General Investment Authority (SAGIA) witnessed today the signing of a joint venture agreement in the field of energy between the French international company “Optimum Tracker” specialized in manufacturing solar energy tracking devices with providing them for solar energy stations and Al-Rasheed Petroleum Investment Company, a Saudi company specialized in the fields of […]
French power generation down 7% due to nationwide strike
The data showed that power generation was curtailed at five nuclear reactors and three coal-fired power generators by 2220 GMT as workers in the power sector joined the strike. A nationwide strike in protest over planned pension reform has reduced French electricity generation by around 4.8 gigawatts or 7% of current generation capacity, data from […]
Shell to buy French floating wind farm specialist
Offshore wind is one of the fastest growing renewables markets, with floating structures the technology’s next frontier because they utilise waters that are too deep for traditional turbines fixed to the seabed LONDON : Royal Dutch Shell is buying French renewable power company EOLFI as part of its plans to ramp up the oil major’s […]
French utility Engie to sell some German and Dutch coal power assets
Engie said it was selling those assets to investment firm Riverstone Holdings LLC and that the deal would cut Engie’s net consolidated debt by around $223 million PARIS: French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to […]