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Germany

RWE Issues New Us$2.1 Billion Bond to Chase Solar, Wind Projects

German utility giant RWE has issued a green bond with a volume of €2 billion (US$2.1 billion), the proceeds of which will be used to pursue development of sola…

Energy Transition

EU to Map Out Escape Route From Russian Fossil Fuels

The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot …

Energy Storage System

Italy Reaches 1.2GWH of Energy Storage in Q1 2022

​Battery energy storage system (BESS) capacity in Italy reached 587MW/1,227MWh in the first three months of 2022, of which 977MWh is distributed energy storage…

CCS

Carbon Capture Company Raises $150M

A company aiming to deliver gigatonne scale industrial decarbonisation by the mid-2030s has raised $150m in its latest funding round.

CCS

New Carbon Capture Project Could Give UK Economy £1.2Bn Boost

SSE Thermal and Equinor are working together on the Peterhead power station.

LNG

GE Secures Order for 1.6GW Combined Cycle Plant in Vietnam

GE has secured an order to provide power generation equipment for energy company PetroVietnam Power Corporation’s (PV Power) Nhon Trach 3 and 4 combined cycle …

Offshore Wind Power

Four EU Countries to Increase Offshore Wind Power Capacity Tenfold

Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…

Carbon Emissions

Holcim to Use Proceeds From India Sale on Lower Carbon Acquisitions

Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said o…

Energy Transition

Business Consortium Urges EU to Strengthen Energy Security

More than 100 businesses including Microsoft, Unilever, H&M, and Iberdrola have called for an accelerated energy transition.

Solar Cell

Global Solar Demand to Reach 190 GW This Year, Says IEA

The International Energy Agency expects solar, wind power, and other renewable energy technologies to achieve triple-digit global growth this year, with new PV …

Floating Solar Project

SJVN Secures 90MW Floating Solar Project

It is expected to be commissioned within 15 months after the signing of a PPA.

Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers for Crypto, Machine Learning

This announcement brings Soluna's total funding for data centers co-located with renewable energy assets to $100 million; doubles employee headcount.

Wind Farm

Onshore Wind Contributes £106M in Rates to Scotland’s Economy, Industry Says

Scottish Renewables said the figure shows the benefits of wind farms are not just environmental.

Russian Federation

Gazprom Books Gas More Transit Capacity for Monday, Ukrainian Operator Says

Russian state gas company Gazprom booked transit capacity of 65.20 million cubic metres for May 16 via the Sudzha entry point.

Thermal Plant

JERA Americas Acquires Thermal Power Plant Portfolio

JERA Americas, subsidiary of Japanese energy company JERA, said it agreed to buy a 1,633MW thermal power portfolio in New England, USA from infrastructure inves…