PetroChina, China’s largest oil and gas producer, is accelerating its transition to green energy with the acquisition of an electricity producer, a move designed to enhance its capabilities in renewable energy and diversify its portfolio beyond fossil fuels. The company announced on Monday that it would purchase CNPC Electric Energy, a subsidiary of its parent, […]
Reflect Orbital, a pioneering space enterprise based in California, has unveiled an ambitious initiative to provide “sunlight on demand” through a constellation of small satellites equipped with reflective mirrors. This innovative approach aims to bolster solar energy generation by extending the availability of sunlight to solar farms beyond traditional daylight hours. The startup plans to […]
Levanta Renewables, backed by Actis, has expanded its renewable energy footprint in Southeast Asia through the acquisition of six solar photovoltaic (PV) projects from a regional developer. The newly acquired sites are strategically located across Malaysia, Indonesia, and Thailand, adding 9.5 megawatt-peak (MWp) to Levanta’s growing portfolio. These projects are projected to generate over 13 […]