Keywords: Renewable energy


Iberdrola posts 22% first-half profit growth driven by global electricity network investments

Spanish energy company Iberdrola reported a strong financial performance for the first half of 2026, with reported net profit increasing 22% year-on-year to €4.34 billion, supported by continued investment in electricity transmission and distribution networks across Britain, the United States and......

Portugal and Morocco seek EU backing for strategic electricity interconnector

Portugal and Morocco are stepping up efforts to advance a long-discussed electricity interconnector, seeking financial support from the European Union while also exploring private-sector investment to accelerate the strategic cross-border energy project. The two countries announced they will jointly......

France's renewable energy support costs projected to approach €20 billion over 2026-2027

France is expected to allocate nearly €20 billion to support renewable energy producers over 2026 and 2027, according to new projections published by the country's energy regulator, highlighting the growing financial commitment required to accelerate the energy transition. The Commission de......

Repsol and Engie compete to acquire renewable energy firm Asterion Energies

Spanish energy group Repsol and French utility company Engie have submitted preliminary offers to acquire renewable energy developer Asterion Energies, according to sources familiar with the matter. The potential transaction highlights the growing competition among major European energy companies to......

The hidden environmental cost of artificial intelligence: The race to cut energy use and emissions

The rapid expansion of artificial intelligence is transforming industries, boosting productivity, and reshaping the global digital economy. However, behind the remarkable progress in AI capabilities lies a growing environmental challenge: the increasing demand for energy, water, and computing resources......

Partners Group raises over $15 billion for record direct infrastructure investment program

Swiss asset manager Partners Group has completed fundraising for its fourth direct infrastructure investment program, securing more than $15 billion in commitments and marking its largest infrastructure vehicle to date. The fundraising milestone, announced on Monday, represents a significant expansion......

Azerbaijan reaffirms support for Morocco's territorial integrity and seeks stronger strategic partnership

Azerbaijan has reaffirmed its strong support for Morocco's territorial integrity while expressing its commitment to expanding bilateral cooperation in strategic sectors, including energy, investment, transport, and trade. In recent statements, Azerbaijani officials described relations between the......

European Union accelerates plan to electrify its economy

The European Union is stepping up efforts to accelerate the electrification of its economy as part of its long-term strategy to reduce dependence on fossil fuels, strengthen industrial competitiveness, and achieve its climate objectives. The European Commission has presented a new action plan that aims......

Global energy under pressure: can repeated crises accelerate the green transition?

Global energy markets have been facing sustained turbulence in recent years, shaped by overlapping crises that include the aftermath of the COVID-19 pandemic, the war in Ukraine, and ongoing geopolitical tensions in the Middle East. These disruptions have raised concerns about supply chain stability,......