Bloomberg Enel SpA plans to invest 170 billion euros ($191 billion) this decade to accelerate its shift to greener energy sources. The strategy indicates a 6% increase from the previous investment plan, documents published showed. It also brought forward its net zero commitment by 10 years, from 2050 to 2040. Enel is the latest energy company in Europe to reveal ...

Bloomberg South Africa’s Mineral Resources and Energy Minister Gwede Mantashe said Eskom Holdings SOC Ltd is delaying emergency power projects that would have started generating 1,996 megawatts of electricity by next August, City Press reported. The state-owned utility hasn’t approved 11 generation projects that are intended to provide power supplies when the national grid is vulnerable, the newspaper reported, citing ...

Supposedly, US President Joe Biden’s “Summit for Democracy” — which begins on December 9 — would show America was back as leader of the free world. Unfortunately, the Biden administration isn’t big on either thoughtfulness before the fact, or justification after. And in many parts of the world, including here in South Asia, the summit is likely to do more ...