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South Africa registers two solar projects to cut red tape

  Bloomberg South Africa registered two solar projects as part of a process designed to cut red tape and help increase the pace of private generation in a nation that’s headed for a record year of power cuts. The National Energy Regulator of South Africa approved the projects, the biggest since President Cyril Ramaphosa removed the need for seeking licenses ...

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Total to buy stake in Clearway Energy

  Bloomberg TotalEnergies SE said it will acquire a stake in a large US renewables developer, another move by the European energy giant to expand its footprint in the American power sector. The French firm agreed to buy a 50% stake in Clearway Energy Group from Global Infrastructure Partners for $1.6 billion in cash, it said in a statement. GIP ...

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Gas heads for weekly loss in Europe as Russia supply fears wane

  Bloomberg European natural gas prices headed for a third straight weekly decline as fears over further disruptions to Russian supplies waned. Benchmark futures fell as much as 4.3%, hitting the lowest level since the start of the war in Ukraine. Russian shipments are expected to remain stable, even as flows through one cross-border point in Ukraine remain cut off ...

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