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Fortescue Future Industries Invests in Zhero
Fortescue Future Industries (FFI) is investing in Europe and US-based green hydrogen and renewable energy development company, Zhero.
Wind Turbine
Wind Unfavourable for EU Wind Turbine Orders
Turbine orders across Europe plummeted 36% in the third quarter, according to a report.
Natural Gas
European Natural Gas Prices Fall Amid High Storage Levels and Warm Weather
Concerns are growing about the continent's ability to meet 2023 demand as Russian supplies dwindle.
Energy Storage Battery
Masdar Taps UK Storage Market With Arlington Acquisition
Abu Dhabi-based clean energy company Masdar has acquired UK-based battery energy storage system (BESS) developer Arlington Energy in an effort to expand its pre…
Electric Car
EU Approves Effective Ban on New Fossil Fuel Cars From 2035
The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to elec…
EU
European Union Hopeful of Striking Energy Deal With Argentina Soon
The European Union said on Thursday that it hopes to sign an energy memorandum of understanding with Argentina "soon," as the region looks to tackle energy supp…
Natural Gas
Europe’s Gas Use Down in September as High Prices Hit Industry
Europe slashed its gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were …
Electric Car
Inside the World’s First Affordable Solar-Powered Electric Vehicle: The $25,000 Sono Motors Sion
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a…
EU
EIB Group Supports REPowerEU Plan With €30BN Financing
Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.
EU
EU Gives 80 Mln Euro to N. Macedonia to Tackle Energy Crisis
The European Union pledged 80 million euros to North Macedonia to tackle energy crisis and it will help to build new generating capacities.
LNG
LNG Ships Play Waiting Game off Spain’s Coast as Higher Prices Eyed
Several ships carrying liquefied natural gas (LNG) anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in E…
France
French Power Group EDF Issues New Profit Warning
EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…
Energy Storage Battery
Masdar Acquires UK-Based Bess Developer, Arlington Energy
UAE-based renewable energy giant says acquisition will allow it to expand its UK and European presence and support net-zero objectives of other countries.
High Energy Prices Force the World’s Largest Chemicals Company to Downsize
The world’s biggest chemicals company, Germany-based BASF, will seek permanent cost-saving measures in Europe due to the high energy prices endangering its com…
Energy Transition
Malaysia’s TNB to Develop 2,100MW Combined Cycle Power Plant
This is scheduled to be in operation in 2031.
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