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Offshore Wind Power

New Massachusetts Bill Extends Offshore Wind Contracts to 30 Years, Heads to Governor’s Desk

The Massachusetts State Legislature has passed a clean energy bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would…

Coal Technology

US Raises Import Tariff for Nippon Steel After Review

The US Commerce Department has ratcheted up tariffs on Nippon Steel Corp. just as the Japanese steelmaker made an anti-import promise to gain support for its $1…

Solar Technology

Lowest Cost of Heat for Modular Sodium CSP? A “Billboard” Solar Receiver With a “Cartesian” Heliostat Layout

High-temperature liquid sodium receivers able to run at over 700°C may allow use of modular multi-tower system configurations similar to that being develope…

Energy Investment

Octopus Exceeds $2bn Offshore Wind Investment in Just Two Years

Octopus Energy has surpassed $2 billion in offshore wind investments in two years, aiming to accelerate global offshore wind developmentsOctopus Energy has anno…

Solar project

Chinese PV Industry Brief: Tongwei Starts Due Diligence on Bid for Runergy

Tongwei has initiated due diligence on its CNY 5 billion ($691.8 million) bid to acquire Chinese solar maker Runergy, aiming to secure at least 51% of its equit…

Energy Investment

The EU Wind Power Gets €5 Billion EIB Investment Support

The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG i…

Photovoltaic （PV）

Adani Group to Invest $10 Billion in US Energy, Infrastructure Projects

Gautam Adani, Chairman of the Adani GroupAdani Group chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastruc…

Solar Inverter

SMA Reports Weak Financials, Lowers 2024 Outlook

SMA headquarters in Niestetal, GermanyGerman inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of …

Nuclear Technology

US Development Bank Considers Investing In Polish Plant

The US International Development Finance Corporation has signed a letter of interest with Polskie Elektrownie Jądrowe to provide more than PLN4 billion (USD980…

Oil & Gas Trade

Coterra To Buy Permian Shale Assets In $4 Billion Deal

Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billi…

Electric Vehicle Battery

Rivian and VW Finalize Electrical Architecture and Software JV; VW UPS Investment to $5.8B

Rivian and Volkswagen have finalized their joint venture, Rivian and Volkswagen Group Technologies. VW will invest up to $5.8 billion by 2027, 16% more than the…

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…