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Offshore Wind Power

Companies Pay Almost €800M for Right to Build Offshore Wind Farms in German Tender

Investors have agreed to pay €784 million $A1.32 billion) for the right to build wind farms in four locations in the North Sea in Germany’s latest of…

Natural Gas

Ukraine Has 12.3 Bcm of Gas in Its Storage Facilities - Energy Ministry

As of August, more than 12.3 billion cubic meters of gas were pumped into Ukraine’s underground storage facilities.According to Energy Minister German Gal…

Hydrogen Production

Ocior to Invest $4B in Green Hydrogen Production in Egypt's Suez Canal Economic Zone

In a significant stride towards a sustainable future, India’s Ocior Energy company has committed a substantial investment of four billion dollars in the d…

Carbon Capture

US to Invest $1.2 BN on Facilities to Pull Carbon From Air

The US government said Friday it will spend up to $1.2 billion for two pioneering facilities to vacuum carbon out of the air, a historic gamble on a still devel…

Wind Turbine

Siemens Energy Addresses Quality Issues in Onshore Wind Turbines

Siemens Energy’s wind division, Siemens Gamesa, has resolved quality problems with its onshore wind turbines currently being sold to customers, according …

Carbon Capture

US Awards $1.2 Billion to Oxy, Climeworks-Led Carbon Air Capture Hubs

A view of a computer-rendered image of Climeworks' Mammoth direct air capture plant, is seen in this undated handout picture obtained by Reuters June 28, 20…

Solar Panel

EDP Bets on Distributed Solar Generation with €2.5bn Investment

Portugal’s EDP has reported that it plans to invest €2.5 billion ($2.7 billion) in distributed solar generation globally up to 2026.To date, EDP repo…

Offshore Wind Power

Germany Awards Four More Offshore Wind Sites for Eur 784 Million

After awarding four offshore wind areas to BP and TotalEnergies for EUR 12.6 billion through its first dynamic bidding process last month, the German Federal Ne…

Oil & Gas Supply

Italy's Saipem Wins $1 Bln Gas Service Contract In Libyan Off-Shore

Italian energy services group Saipem (SPMI.MI) on Wednesday said it had won a new contract in Libya worth around $1 billion for the development of the Bouri Gas…

Oil&Gas Drilling

Adnoc Gas Awards $3.6bn Deal to Expand Facilities

Adnoc Gas, a world-class integrated gas processing company, on Wednesday announced the award of a $3.6 billion contract to the joint venture between National Pe…

Solar Panel

GLP Capital Partners Creates Commingled Clean Energy Strategy in China

Global alternative asset manager GLP Capital Partners (GCP) successfully established its inaugural commingled clean energy strategy in China. This endeavor secu…

Electric Vehicles

Tesla Gears up to Build a New Permanent Tent at the Fremont Factory

New Zealand's government and U.S.-based BlackRock Inc (BLK.N) will launch a NZ$2 billion ($1.22 billion) climate infrastructure fund to invest in solar, win…

Net Zero

New Zealand, Blackrock to Launch $1.22 Bln Climate Infrastructure Fund

People are seen in front of a showroom that hosts BlackRock in Davos, Switzerland Januar 22, 2020. REUTERS/Arnd WiegmannNew Zealand's government and U.S.-ba…

Nuclear Power Plant (NPP)

AEOI Head Outlines Iranian Nuclear Energy Targets

Atomic Energy Organization of Iran (AEOI) head Mohammad Eslami said the country is looking to increase its nuclear power generation capacity to 20 GWe. The coun…

Power Construction

Adani Energy Solutions Secures $1 Billion Financing for Green Hvdc Link Project in Mumbai

The 80-km multi-faceted project will offer a technological upgradation to the Mumbai city. The construction work for this link will begin in October 2023, AESL …