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Germany

EDP Renewables Acquires Solar Development Platform Based in Germany

The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH.

Iran

Iran Says Proposed Ideas Submitted to Accelerate Nuclear Talks

Iran has submitted proposed ideas in "both substance and form" to the other sides of the Vienna talks on reviving the 2015 nuclear deal, to pave the way for the…

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.

Plan for ‘Largest’ Solar System for a Desalination Plant Moves Forward

The photovoltaic project developed by TotalEnergies and Veolia will supply a seawater desalination plant in Oman.

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…

SMR

Last Energy Agrees to Build Ten SMRs for Polish Industrial Zone

US small modular reactor (SMR) developer Last Energy has signed a Letter of Intent with Poland's Legnica Special Economic Zone (LSEZ) and DB Energy on the const…

Smart Meter

Asia-Pacific Forecast to Reach 1 Billion Smart Electricity Meters by 2026 – Study

The smart electricity metering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research…

Electric Car

Iberdrola and bp Invest €1B in EV Infrastructure and Green Hydrogen

Iberdrola and bp have announced a strategic collaboration to expand fast EV public charging infrastructure, support the adoption of electric vehicles and develo…

Gas Turbine

GE Gas Power Awarded $4.2M to Boost Gas Turbine Efficiency

GE Gas Power has secured $4.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to advance development …

United States

US Senate Gives Green Light to Landmark Climate Deal

In a head-snapping reversal, Sen. Joe Manchin (D-WV) said July 27 that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation packa…

Hydropower Plant

Experts Say Hydropower Needs to Double by 2050 to Meet Climate Goals

Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change miti…

Spain

PNE Acquires 51% Stake in Spanish Solar Project Developer Kolya

The acquisition has increased PNE’s solar photovoltaic project pipeline by more than 40%.

Wind Farm

Dogger Bank Achieves Milestone With First Monopile Installation

The Dogger Bank wind farm has reached a significant milestone, with work starting on the installation of 277 wind turbine foundations.

Nuclear Reactor

Canada’s National Nuclear Lab Backs Fuel Development for Arc Fast Reactor

Canadian Nuclear Laboratories and ARC Clean Energy Canada have agreed to collaborate on a two-year joint project to “deliver a technology demonstration for the…

Energy Storage Battery

Northvolt Turns to Trees With Wood-Based Batteries

Volkswagen-backed battery developer Northvolt and Stora Enso are joining forces to create sustainable batteries using lignin-based hard carbon produced with woo…