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Crude Oil

Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets

Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…

Solar Power Panel

First Solar Secures 1.8GW Solar Module Contract From EDPR

The modules will power US projects developed by EDP Renewables North America.First Solar and EDP Renewables signed a multi-year order for 1.8GW of advanced thin…

Wind Turbine

Vestas Wins 370 MW Order for Two Repowering Projects in the USA

Vestas has received an order for two wind projects totalling 370 MW to repower the Pleasant Valley and Border Winds projects owned by Xcel Energy in the USA.The…

Nuclear Reactor

EDF CREATES NUWARD TO STRENGTHEN DEVELOPMENT OF ITS SMR

EDF (Electricité de France) announced the creation of its subsidiary NUWARD to boost the development of its small modular reactor (SMR) now entering the …

Energy Storage Project

FERC Issues Draft EIS for Goldendale Energy Storage Project

Staff with the Federal Energy Regulatory Commission in the U.S. have prepared a draft environmental impact statement (EIS) for licensing of the 1,200 MW Goldend…

Hydropower Plant

Major Overhaul Begins at OPG’s R.H. Saunders Hydroelectric Project

Ontario Power Generation (OPG) has launched a 16-year overhaul of the 1045MW R.H. Saunders Generating Station, the second-largest hydroelectric project in Ontar…

Net Zero Emission

Scottish Widows Unveils £1.4BN Worth of New Environmental and Climate-Aware Investment Funds

Scottish Widows has announced the launch of a new Global Environmental Solutions Fund, focused on directing pension investment into companies that provide solut…

Electric Car

Tesla Sales Rise 36% In First Quarter, Following Price Cuts

Tesla's first-quarter vehicle sales rose 36% after the company cut prices twice in a bid to stimulate demand.The electric car, SUV and heavy truck maker sai…

Nuclear Power Plant

Watch for It—Advanced Nuclear “Liftoff” Needs 5–10 Reactor Contracts by 2025

These graphs illustrate how rapidly scaling the nuclear industrial base would enable nearer-term decarbonization and increase capital efficiency, versus a five-…

Nuclear Power Plant

Mochovce 3 Output Increased to 55%

Slovenské elektrárne says that Mochovce 3's energy start-up has now seen its output increased to 55% - with the final trial run at 100% power …

Hydrogen Fuel Cell Vehicle

Ballard Power Systems Reaches New Hydrogen Fuel Cell Vehicle Milestone

The company has announced that its H2 equipment has now powered vehicles over 150 million kilometers.Ballard Power Systems has announced that its proton exchang…

Solar Power Plant

Vodafone Signs 10 Year Solar PPA for UK Operations

Vodafone has signed its second major corporate solar power purchase agreement (PPA) in the UK. The deal gives Vodafone UK access to clean, high-quality and affo…

Floating Offshore Wind

UK Launches GBP 160 Million Floating Wind Funding Round, Industry Not Satisfied With Investment

The UK Government has announced that up to GBP 160 million in grant funding will be made available for certain investments for the floating offshore wind sector…

Offshore Wind Power

Largest Offshore Wind Project in UK Reaches Development Milestone

An application to build the up to 4.1 GW Berwick Bank, the UK’s largest offshore wind farm, capable of providing enough electricity to power more than fiv…

Offshore Wind Power

Vestas 15 MW Turbines Selected for 495 MW Floating Wind Farm in South Korea

Vestas has signed a preferred supplier agreement for a floating offshore wind project in South Korea, the wind turbine manufacturer announced on 31 March, leavi…