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Wind Farm

Sembmarine SLP Bags Maintenance Contract From ØRsted for Hornsea 2

Sembcorp Marine’s subsidiary Sembmarine SLP has secured a maintenance contract from Ørsted for the Hornsea 2 Offshore Wind Farm offshore substation and reacti…

COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’

A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…

Hydrogen Project

Landmark Green Hydrogen Project Launched at COP27

A green hydrogen project in Ain Sokhna Egypt has been commissioned by project owners Fertiglobe, Scatec, Orascom Construction and The Sovereign Fund of Egypt.

Brazil

EDP Brazil Shrinks Hydropower Portfolio in Favour of Solar

EDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution and transmission.

ACWA Power Net Profit Surges 110% YoY in First 9 Months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Energy Transition

Panama, Uruguay, and Norway Join Clean Energy Marine Hubs Initiative at COP27

The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzin…

Hydrogen Production

Fortescue Metals to Help Develop Green Fertiliser Supply Chain in Kenya

Australia's Fortescue Metals Group said on Tuesday its green energy unit will help fast-track the development of an affordable green fertiliser supply chain in …

Commerz Real Invests in Danish Solar Market

Commerz Real is investing for the first time ever in the Danish photovoltaic (PV) market.

Net Zero Emission

ReNew Power Aims to Reach Net Zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Nuclear Reactor

Japan, US Governments Asked to Beef up Nuclear Energy Dev't

The JAIF and NEI asked the two governments to improve the energy market and regulation.

South Korea

South Korea, Saudi Arabia Eye Continued Cooperation for Energy Supply Chain

The two markets aim to collaborate on oil and hydrogen.

Smart Grid

EIB and Endesa Sign €250mn Smart Grid Credit Line

Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.

UN Chief: ‘the Answer Is in Our Hands’

During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.

Smart Meter

Flexibility Service Pays UK Smart Meter Homes to Reduce Energy Use

National Grid ESO is running a demand flexibility service this Winter where UK energy consumers with smart meters will be paid to reduce their consumption.

Coal-Fired Power Plants

New Application Leverages AI to Support Coal Plant Conversion

UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …