Bloomberg India unveiled a 2.44 trillion rupee ($29.6 billion) plan to build transmission lines to connect renewable generation, as it aims to nearly triple its clean-power capacity by 2030. The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network, the power ministry said in a …

  Bloomberg Trafigura group earned a record $7 billion in its last financial year, more than the previous four years combined, as the commodities trader cashed in on wild price swings and arbitrage opportunities driven by Russia’s invasion of Ukraine. Earnings more than doubled in the 12 months through September, Trafigura said, while revenue surged to $318.5 billion. The oil …

  Bloomberg German utility EnBW Energie Baden-Wuerttemberg AG agreed to import liquefied natural gas (LNG) and green ammonia for 25 years as the country substitutes lower Russian supplies. The company signed a long-term capacity booking for 3 billion cubic meters of LNG per year at a terminal in the northern town of Stade, EnBW’s trading executive director Peter Heydecker said …