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Solar project

Avangrid’s 238MWac Solar Facility in Texas Begins Operations

Iberdrola Group subsidiary Avangrid has commenced commercial operations of its True North solar project in the US state of Texas.The facility is equipped with m…

Oil & Gas Trade

PetroChina Reports Record 2024 Net Income on Higher Production

PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…

CCS

Northern Lights CCS Project Secures $710M for Phase Two Expansion

Equinor, Shell, and TotalEnergies have decided to invest NOK7.5bn ($710m) in the next phase of the Northern Lights carbon capture and storage (CCS) project.The …

Metal

Peruvian Metals Sells Peruvian Non-core Asset Maria Norte to Rio Silver

Peruvian Metals, a Canadian exploration and mineral processing company, has agreed to sell its 100% interest in the Maria Norte gold-silver-zinc-lead project in…

Offshore Wind Power

Management Plan Approved for øRsted’s Australian Offshore Wind Farms

The feasibility stage management plan for Ørsted’s Gippsland offshore wind farms 1 and 2 has been approved by Australia’s Offshore Infrastruc…

Geothermal Power Project

XGS Energy Secures $13 Million in New Funding for Advanced Geothermal Technology

XGS Energy has announced that it has closed $13 million in new financing. The over-subscribed round included new investors Aligned Climate Capital, ClearSky, Cl…

Nuclear Power Plant (NPP)

Minister Announces Funds for New Reactor as Safari-1 Turns 60

As South Africa's Safari-1 research reactor marks its 60th anniversary, Minister of Electricity and Energy Kgosientso Ramokgopa has announced a budget alloc…

Wind Power Project

European Energy to Divest Six Wind Farms in Poland to Enea

European Energy has signed agreements to divest its wind portfolio in Poland to energy utility Enea for an undisclosed amount.The wind farms, commissioned betwe…

Carbon Storage

Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion

Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding thei…

Biofuel

Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April

The Palm Oil Authority of Malaysia has issued a notice stating that the export duty rate for crude palm oil will remain at 10% in April and its benchmark price …

Geothermal Power Plant

Grenada geothermal project receives further funding support from CBD and UK FCDO

The Government of Grenada (GOGR) is set to receive £10 million to support geothermal exploration drilling with the signing of an MoU with the Caribbean De…

Battery

Tesvolt Presents New C&I Battery Storage System With 15 Year Performance Guarantee

German commercial battery maker Tesvolt developed its new Forton system to accommodate the fact businesses that can operate their batteries for two full cycles …

Wind Power Project

Baywa r.e. to Service Greencoat UK Wind Projects

BayWa's renewables division has signed a long-term framework agreement with Greencoat UK Wind, the infrastructure fund managed by Schroders Greencoat, to pr…

Wind Power in China

Peak Wind Picks up Fengmiao 1 Job

Peak Wind has entered into an operations management agreement (OMA) to oversee the operations of Copenhagen Infrastructure Partners' (CIP) 495MW offshore wi…

Energy Storage Project

Totalenergies to Invest in German Storage

TotalEnergies has made investment decisions for six battery storage projects in Germany, totalling 221MW of new capacity and an outlay of €160m.These proje…