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Philippines

Solar Philippines to Contract 10GW Projects

The projects are scheduled to start operations between 2025-2026.

Oil Price

Oil Rises on Market Caution Over Tight Supply

Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab…

Hydrogen Project

NextEra Unveils ‘Mad’ Plan to Develop 16GW of Hydrogen Power Stations in Florida

Experts puzzled by proposal from owner of Florida utility to convert its fleet of baseload natural gas-fired power stations to run on green hydrogen by 2045.

Nuclear Power Plant

South Korea’s Multi-Pronged Approach to Boost Nuclear Energy

South Korea’s new president is doing a 180 on nuclear energy in the company.

Natural Gas

Egypt to Supply Natural Gas to Lebanon With 20 Year Old Arab Pipeline

After months of deliberation and delays Lebanon will sign a final agreement to import yearly 650 cubic meters of natural gas from Egypt to its energy poor count…

Russian Federation

Enel Offloads Its Russian Assets for €137M

The company is forecasting a hit of approximately €1.3 billion on net income.

Germany To Provide 15 Billion-Euro Credit Line To Fill Gas Storage

Germany will provide an additional 15 billion euros in credit lines for the purchase of gas to replenish storage facilities.

Wind Farm

GE Acquires Minority Stake in 148MW Onshore Wind Farm in India

GE Renewable Energy has acquired a 49% stake in the Indian independent power producer Continuum Green Energy’s 148.5MW Morjar onshore wind project in Gujarat, …

EU

Europe Needs 14GW/Year of Energy Storage – Ease

The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050.

BP Buys 40.5% Stake in Asian Renewable Energy Hub

The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.

Nuclear Power Plant

Finnish Nuclear Plant Under Construction Since 2005 Faces Yet Another Delay

Commercial operation of Olkiluoto 3, a nuclear power plant (NPP) unit that has been under construction in Finland for nearly 17 years, will be delayed for anoth…

Offshore Wind Power

UK’s £130M Subsea Cable Manufacturing Facility Reaches Final Grant Agreement

The project is forecast to create 170 new jobs

United Kingdom

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’

The UK spent £5.1 billion on Russian energy imports in the year to April 2022.

Wind Farm

GE Purchases 49% Stake in Morjar Onshore Wind Farm in India

The 148.5MW wind facility will feature 55 units of GE Renewable Energy’s onshore wind turbines.

United Kingdom

Boris in Pursuit of £1BN for Massive Insulation Scheme

Money from the UK government’s public sector decarbonisation scheme could reportedly be diverted to a new programme