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A service for energy industry professionals · Monday, May 5, 2025 · 809,463,347 Articles · 3+ Million Readers
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Fortum News Monitoring

  • Published on May 1, 2025

    Hexa Climate Solutions acquires Fortum’s Indian renewables portfolio

    Indian renewable energy company Hexa Climate Solutions has announced the acquisition of Finnish electric services company Fortum’s Indian renewables portfolio with plans to invest $500m to expand its clean energy projects, as reported by Reuters. The …

    Source: Power Technology - Neutral
  • Published on May 1, 2025

    Adani TotalEnergies, Jio-bp and JBM eye Fortum's EV charging business

    “Adani TotalEnergies, Jio-bp and JBM Group have signed NDAs (non-disclosure agreements) and are evaluating the deal, post which bids will be submitted," one of the two people cited above said, requesting anonymity.  London-based Opus Corporate Finance …

    Source: Mint - Neutral
  • Published on Apr 30, 2025

    Hexa Climate to invest $500 Million in Fortum India Renewables Assets

    Hexa Climate Solutions - backed by I Squared Capital - has purchased Fortum's Indian Renewables Portfolio. The company plans to invest $500M to expand their clean energy projects. Hexa announced on Tuesday that the deal included a 100% stake of Fortum …

    Source: World Energy News - Connecticut - Pending
  • Published on May 4, 2025

    Finland: Hydrogen leak at Loviisa Nuclear Power Station

    [Sun, 04 May 2025 22:51:53 +0300] Helsinki - Saba: The Finnish nuclear power operator Fortum announced that the second power unit at the Loviisa Nuclear Power Plant is operating at reduced capacity due to a hydrogen leak. In a statement issued on Sunday, …

    Source: Yemen News Agency SABA - Gov't Propaganda
  • Published on May 1, 2025

    Why EU, US companies are keeping trademark rights in Russia

    According to a study by Ukraine's Kyiv School of Economics, more than 460 international companies have ceased operations in Russia since the start of its full-scale invasion of Ukraine in February 2022 by selling or liquidating their assets. According …

    Source: Deutsche Welle - Public Broadcaster
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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

    Distribution channels: ...
  • Published on May 4, 2025 - 08:03 GMT

    Oil Giant Shell Reports Profits Higher Than Expected

    (MENAFN) Energy conglomerate Shell posted first-quarter earnings that surpassed analysts’ predictions, continuing its commitment to shareholder returns, even though its net income declined by 28 percent. Based on an official company release, Shell recorded …

    Distribution channels:
  • Published on May 5, 2025 - 00:28 GMT

    The Leader’s Floor Lookout: Week of May 5, 2025

    Keeping the CCP Out of U.S. Institutions of Higher Education For years, the Chinese Communist Party (CCP) has worked to spread propaganda and conduct sophisticated espionage around the world, particularly targeting the United States and seeking to …

    Distribution channels: U.S. Politics
  • Published on May 4, 2025 - 22:36 GMT

    Independent Non-Executive Director Appointed

    PERTH, Australia, May 04, 2025 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) is pleased to announce the appointment of Anne Templeman-Jones as independent non-executive director of the Company. Ms Templeman …

    Distribution channels: Companies, Mining Industry ...
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