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Bill
Wave Energy
Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding.Holders of more than…
Oil & Gas Trade
Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…
Oil & Gas Trade
Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions
While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…
Carbon Emissions
Fossil Fuel CO2 Emissions Increase Again in 2024
Global carbon emissions from fossil fuels have reached a record high in 2024, according to new research by the Global Carbon Project science team.The 2024 Globa…
Power Construction
Duke Energy Misses Expectations As Storms Hit Earnings
Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…
Wind Farm
Octopus Energy Surpasses $2 Billion Offshore Wind Investment in 2 Years
Octopus Energy’s generation arm surpasses $2 billion of offshore wind investments in two years, as it accelerates the roll-out of offshore wind globally.L…
Wind Turbine
Iberdrola Seals a Wind Energy Agreement Worth More Than 1 Billion Euros With Siemens Gamesa in the United Kingdom
Huge boost for UK manufacturing, with blades for the 64 wind turbines to be manufactured in Siemens Gamesa’s Hull factory, which provides 1,300 local jobs…
Offshore Wind Power
Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two
ScottishPower has awarded Siemens Gamesa a turbine contract worth more than GBP 1 billion for its 960 MW East Anglia Two offshore wind farm in the UK.Under the …
EV Market
Yole Group: Electrification and Autonomy Will Boost Semiconductor Content to $1,000 per Car by 2029
The automotive semiconductor market is expecting a significant CAGR of 11% between 2023 and 2029 to almost $100 billion at the end of the period. Semiconductor …
Solar Power Plant
World’s Second-Largest Solar Plant Goes Online in China
CHN Energy has connected the 3 GW Mengxi Lanhai solar facility to the grid after 14 months of construction. The project in Ordos, Inner Mongolia, required a tot…
Green Hydrogen
Air Products Pulls Out of Green Hydrogen JV Project in Texas
Image by: Det Norske Veritas (DNV).US industrial gases company Air Products (NYSE:APD) has given up on a USD-4.5-billion (EUR 4.2bn) green hydrogen joint ventur…
India
Tata Power Arranges Renewables Off-Take for India’s Noida Airport
Noida International Airpot, India. Image by: Tata Power.Indian electric utility Tata Power Co Ltd (BOM:500400) has signed two deals to supply wind and solar pow…
Gas power plant
Entergy Mississippi Breaks Ground on 754-MW Gas-Fired Power Station
Entergy Mississippi on Nov. 7 celebrated the start of construction of a new $1.2 billion, 754-MW natural gas-fired power plant that will serve the utility&rsquo…
Photovoltaic （PV）
Uzbekistan Aims to Have More Than 18,000 MW of Wind Energy and Photovoltaic Solar Power by 2030
By 2026, Uzbekistan plans to have 5,000 MW of photovoltaic (PV) and wind capacity, and by 2030 this figure is expected to exceed 18,000 MW. This would allow the…
Wind Farm
ScottishPower and Siemens Gamesa Sign Offshore Wind Energy Deal
ScottishPower has awarded Siemens Gamesa a wind turbine supply contract valued over £1 billion for its East Anglia TWO offshore wind farm.The 64 wind turbines…
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