Renewables

The U.S. produced more energy in 2024 than ever before

In 2024, the U.S. produced a record amount of energy, according to data in the U.S. Energy Information Administration’s (EIA’s) Monthly Energy Review. U.S. total energy production was more than 103 quadrillion British thermal units in 2024, a 1% increase from the previous record set in 2023. Several energy sources—natural gas, crude oil, natural gas plant liquids, biofuels, solar and wind—each set domestic production records last year.

Honeywell completes acquisition of Sundyne to expand process industry capabilities

Honeywell announced the completion of its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.

IEA: Global energy investment set to hit record $3.3 T in 2025

A surge in clean energy spending is expected to drive a record $3.3 T (€2.89 T) in global energy investment in 2025, despite economic uncertainty and geopolitical tensions.

HIF, Porsche AG and Shell sign e-Fuels supply agreement for Haru Oni facility

HIF Global, through its subsidiary HIF Chile, signed an agreement with Porsche AG and Shell for the delivery of e-Fuels produced by HIF’s Haru Oni e-Fuels facility in Punta Arenas, Chile.

ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts

Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.

Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel

The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.

Biofuel maker Neste expects limited impact from tariffs, but supply glut still weighs

Finnish biofuel maker and oil refiner Neste expects U.S. tariffs will have only a limited direct impact on its business, but warned of continuous oversupply in renewable fuel and market volatility.

TotalEnergies to boost SAF and hydrogen production at Antwerp

Declining prices enable Brazil to raise biodiesel blend to 15%

Declining vegetable oil prices are clearing the way for Brazil to increase its mandatory biodiesel blend into diesel to 15%, up from 14%.

Partners Group to invest in Gestcompost, the largest organic waste manager in Spain

Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire a significant minority stake in Gestcompost, the largest organic waste treatment manager in Spain.