France’s government has asked local power group Engie, in which it holds more than 20 percent, to delay the signing of a 20-year deal worth US$7-billion to buy liquefied natural gas (LNG) from a planned export project in Texas due to concerns over gas production emissions, Politico reported, quoting sources …
Read More »Total Sketches First Stages of Plan to Become Low-Carbon Power Producer
The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue Fossil fuel giant Total this week became the latest oil major to announce a major pivot towards clean energy, outlining plans to hike investments in renewable …
Read More »France Boosts Renewable energy Spending in 2021 Budget
In France, government support for renewable energies will rise by 25% in the upcoming 2021 budget to exceed a record €6 billion, the country’s ministry for ecological transition announced on Sep. 17. The financial injection will be aligned with the government’s longer-term energy roadmap, released in April of this year, …
Read More »France Devotes €30 Billion to Energy Transition
The French government has launched a new Covid-19 recovery plan that includes €30 billion to invest in the energy transition. The top priority is the creation of a hydrogen economy, with €2 billion to be invested by the end of 2022 and €7.2 billion up to 2030. The money will …
Read More »Iberdrola Buys French Renewable Firm Aalto Power
The French firm owns and operates 118MW of onshore wind farms in France, with an additional 63MW portfolio under development.
Read More »French Energy Producer Neoen to Develop Australia’s Largest Solar Farm
The electricity generated by the Western Downs Solar farm will power more than 235,000 Queensland homes.
Read More »Total Targets Carbon Neutrality in 2050
Total SA unveiled a plan to neutralize its greenhouse gas emissions by 2050 and deepen cost cuts as its first-quarter profit plunged with oil and gas prices. The French major rounds out a weak quarter for the oil supermajors, forcing them to slash spending, curb production and even reduce the …
Read More »Total Awarded 135MW of Solar Projects in France
The two solar plants are expected to generate renewable electricity to nearly 50,000 people.
Read More »UK, France Stance on Iran Satellite Launch Shows Acceptance of US Bullying
Seyyed Abbas Mousavi condemned the British and the French stances on the launch of Noor-1 satellite as unacceptable, noting that such remarks came as a result of double standards and accepting the US bullying policies.
Read More »New Coronavirus Test Kit Cargo Arrives in Iran
A new consignment of coronavirus test kits bought from France arrived in Iran through Sari Su border, northwestern country, on Wednesday morning.
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