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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…

Centrica’s Profits Soar Five-Fold

Profits of Britain’s largest energy supplier increased to £1.34 billion

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…

Iberdrola Sees Profits Soar With International Business Offsetting Spain’s Results

Iberdrola has recorded a net profit of €2.07 billion (US$2.1 billion) in the first half of 2022 due to strong performances in its international business offset…

Solar Power Plant

Enel Colombia Begins Construction of 487MW Plant

Enel has more than 1GW of renewable projects in construction in Colombia. Image: Enel Green Power.

Wind Power Project

ABO Wind Sells 514.6MW Buffalo Plains Wind Project in Canada

The Buffalo Plains project in Alberta will generate 1.5GWh of clean electricity a year.

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

Nordex Group Deploys Unique Hybrid Tower at Finnish Wind Farm

Nordex Group has been commissioned by Finnish energy utility Helen Oy and Ålandsbanken Wind Power Fund to supply and install wind turbines for the 147.5MW Kara…

Solar Power Panel

ENERPARC Refinances 315 MW Solar Portfolio

ENERPARC, Commerzbank, and Landesbank Baden-Württemberg have concluded one of the largest German transactions to refinance a 315 MW photovoltaic (PV) portfolio…

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…

Gas Turbine

Siemens Energy Says It Has No Damage Reports From Gazprom on Nord Stream 1 Turbines

Siemens Energy on Wednesday said it had not received any damage reports regarding the turbines of Nord Stream 1 gas pipeline from Russia's Gazprom so far.

Shell Reports Record Profit of $11.5 Billion

Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices.

Natural Gas

Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch

Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years

LNG

US Takes Over as World’s Largest LNG Exporter

LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021

Hydropower Plant

AGL Invests $27.7M to Upgrade Clover Hydro Power Station

This will add 14MW to the output capacity of the Kiewa Hydro Scheme.