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Offshore Wind Power

First Turbine Installed at 1.4GW Sofia

The installation of the first turbine at RWE’s 1.4GW Sofia wind farm in east England was completed on March 22, marking a significant milestone in the UK&…

Photovoltaic （PV）

Axpo Offtakes 60 MW From Hungarian Solar Plants

Swiss energy company Axpo has signed three PPAs for a total 60 MW of solar energy in Hungary.Axpo will offtake all the energy produced by an 18 MW plant in Barc…

Metal

KO Gold Launches $1.4m Private Placement to Fund Otago Gold District Exploration

Canadian junior exploration company KO Gold has announced plans to launch a non-brokered private placement to raise up to C$2m ($1.4m) to support the company&rs…

Nuclear Fusion

Germany’s Marvel Fusion Raises Further EUR113 Million

The extended funding round is intended to support Germany-based Marvel Fusion's transition from its research and development phase towards industrial deploy…

Oil Field

China’s CNOOC Discovers 100 Mln-Ton Oilfield in South China Sea

The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes on Monda…

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 …