Energy industries
Securities regulators have brought a class action lawsuit against XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (NYSE: XIFR), alleging that the company engaged in securities fraud between September 27, 2023 and January 27, 2025. The lawsuit seeks to recover losses for shareholders who were affected by the
Energy industries
The energy sector has witnessed substantial investments and advancements worldwide. In Australia, the Australian Renewable Energy Agency (ARENA) has announced $34.5 million in funding to support Tindo in scaling up domestic production of solar PV, whereas the Australian government has also provided a further $11 million in funding to
Energy industries
East Anglia plays a vital role in the UK's renewable energy sector, with 44% of the country's existing offshore wind farms located within the region. The area is home to 3.6 GW of operational offshore wind capacity and 10 GW of projects in the pipeline.
Energy industries
Gentari Sdn Bhd has signed a power purchase agreement (PPA) with Amazon Web Services (AWS) to supply renewable energy from a 80-megawatt (MW) wind energy project in Tamil Nadu, India. The project, expected to commence operations in mid-2027, aims to generate about 300,000 megawatt-hour (MWh) of renewable energy annually,
Energy industries
As the world continues to grapple with the challenges of climate change, sustainable energy, and resource management, the latest news and updates from around the globe offer valuable insights into the direction of the industry. From the United States to Africa, Europe, and Asia, key players are working together to
Energy industries
XPLR Infrastructure, LP, a leading player in the infrastructure sector, has been embroiled in a class action lawsuit over alleged securities fraud and unlawful business practices. The lawsuit, filed by law firm Pomerantz LLP, targets XPLR and its senior officers and directors, accusing them of misrepresenting the company's
Energy industries
Investors in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP ("XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP" or the "Company") who were adversely affected by alleged securities fraud between September 27, 2023 and January 27, 2025, may be entitled to compensation
Energy industries
Qingyang City, in eastern Gansu Province, China, has issued a news release highlighting its progress in developing a multi-energy approach to ensure energy security and green development. The city has focused on the integrated development of oil, coal, gas, wind, solar, thermal, and hydrogen storage, fostering a new, green, low-carbon
Energy industries
A high-level group of Japanese investors has met with Sri Lankan Energy Minister Kumara Jayakody to discuss investment opportunities in the country's renewable energy sector. The investors expressed interest in modernizing and developing the country's electricity transmission system, but cited delays and problems in obtaining permits
Energy industries
SolarMax Technology, Inc., a leader in the solar and renewable energy sector, has announced a significant contract win with Longfellow BESS I LLC for a new utility-scale battery storage project in Pecos County, Texas. The engineering, procurement, and construction (EPC) agreement is valued at approximately $127.3 million and marks
Energy industries
New York's Public Service Commission has received an application from Bull Run Energy LLC for a major renewable energy facility siting permit. The proposed 449-MW wind energy facility would be located in the Towns of Altona, Clinton, Ellenburg, and Mooers in Clinton County. The project's layout
Energy industries
A contentious proposal for an anaerobic digestion plant in Great Bowden has drawn over 300 objections and a petition with over 1,000 signatures from local residents. The plant, which would convert chicken manure, maize, and straw into gas, has been met with concerns over odour, noise, emissions, and traffic
