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BP expects USD-1bn Q2 impairment in low-carbon segment
BP expects USD-1bn Q2 impairment in low-carbon segment

Oil major BP plc (LON:BP) expects its second-quarter results to include impairments of around USD 1 billion (EUR 875m) mainly related to transition businesses in its gas and low-carbon energy segment.

addedJul 15, 2026
addedJul 14, 2026

Neretek, a newly launched offshore wind technology company targeting the market space between traditional fixed-bottom foundations and less mature floating structures, expects to decide on a full-scale demo and a commercial project next year, executive chair Jonathan Cole told Renewables Now.

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addedJun 24, 2026

The decision by the EU to ban financing for inverters from high-risk provider countries is already changing customer buying behaviour, Lars Stephan, who leads the Policy and Advocacy Department for US energy company Fluence, said at the recent European Sustainable Energy Week (EUSEW) conference in Brussels.

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addedJun 23, 2026

Paul Warley, CEO of US flexible thin-film photovoltaic (PV) panels maker Ascent Solar Technologies Inc (NASDAQ:ASTI), sees great opportunities in the area of solar power generation in space as the market is expanding.

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addedJun 19, 2026

Delivering projects that can integrate smoothly into the grid, with great focus on flexibility, reliability and speed of execution, rather than the capacity deployment itself, is a key trend in the Philippine renewable energy market, a top company official from Australian engineering services company GHD said.

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Grid modernisation

Spanish energy group Ignis will provide grid access, electrical infrastructure and solar power for UK-based data centre developer Apto's planned hyperscale campus in Madrid, the companies said on Tuesday.

Capacity wars

Chinese wind turbine maker Goldwind Science & Technology Co Ltd (SHE:002202) said today it is advancing localisation efforts in Turkey as part of a long-term commitment to the market, including a cooperation with South Korean wind tower manufacturer CS Wind.

Spanish energy group Ignis will provide grid access, electrical infrastructure and solar power for UK-based data centre developer Apto's planned hyperscale campus in Madrid, the companies said on Tuesday.

Chinese wind turbine maker Goldwind Science & Technology Co Ltd (SHE:002202) said today it is advancing localisation efforts in Turkey as part of a long-term commitment to the market, including a cooperation with South Korean wind tower manufacturer CS Wind.

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