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Hydrogen Production
Shell Commits $1 Billion to Hydrogen and CCS Investments
In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and stor…
Offshore Wind Power
Minority Shareholders of Siemens Gamesa Approve Capital Reduction, Paving Way for Complete Integration Into Siemens Energy
Siemens Gamesa minority shareholders approved a capital reduction for the remaining 2.21% of shares not held by Siemens Energy in the Extraordinary General Meet…
Hydrogen Production
Lhyfe and Capital Energy Partner for Offshore Hydrogen Projects
Lhyfe, a global leader in green and renewable hydrogen production, has signed a collaboration agreement with Capital Energy, a Spanish energy producer and distr…
Offshore Wind Power
Capital Energy and Lhyfe Join Forces to Generate Green Hydrogen Associated With Offshore Wind in Spain and Portugal
Capital Energy, a Spanish energy company born more than two decades ago and whose vocation is to become the first 100% vertically integrated renewable operator …
Wind Farm
Ørsted Confirms Its Ambition of ~50 GW of Wind and Solar by 2030
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s …
Solar Battery (Storage)
Duke Energy Hikes Five-Year Capital Plan to $65 Bln, Focus on Low Carbon Energy
The US flag flies at half mast in front of a coal-fired power plant's cooling tower at Duke Energy's Crystal River Energy Complex in Crystal River, Flor…
Nuclear Power Plant (NPP)
Harnessing the Power of Small Modular Reactors to Achieve Net Zero
© shutterstock/ParilovTo capitalise on the significant potential of nuclear energy, the industry must address cost challenges associated with small modular…
Solar Power Plant
Aggreko Funds 500MW Community Solar Projects on US Farmland
Aggreko’s Energy Transition Solutions division will become the capital partner for the Farmers Powering Communities community solar initiative.Aggreko Ene…
Electric Vehicles
Cadillac Announces Escalade IQ, Another Huge, Low-Volume EV
GM just announced the Cadillac Escalade IQ EV, which is a huge deal in automotive circles and comes coincidentally while Ford is having its Capital Markets Day …
Electric Vehicle Battery
Ford Doesn’t Expect EV Battery Supply to Be a Production Roadblock
At its Capital Markets Day, VP of EV industrialization at Ford model e, Lisa Drake, said that the EV battery supply chain is not necessarily a constraint. Due t…
Ammonia
Amogy, Skansi and Seam to Explore Ammonia as Fuel for Offshore Supply Vessels
Amogy, a developer of ammonia power solutions (earlier post); Skansi Offshore, a shipping company located in the capital of the Faroe Islands; and Norwegian sys…
Hydropower Plant
SSE Wins Court Case to Claim Capital Allowances for Glendoe Hydro Construction
SSE said it welcomed a decision by the UK’s Supreme Court, which unanimously found in favor of the company in its capital allowances case in relation to c…
Crude Oil
Iran, Russia Sign 10 Oil Cooperation Deals
Iran and Russia on Wednesday signed 10 documents for cooperation in the oil industry in the Iranian capital Tehran, according to Shana News Agency affiliated to…
Wind Farm
Capital Energy Awards the Transformers of Six of Its Wind Farms to the Company Faramax
These projects are located in Castilla y León, Castilla-La Mancha and AragónThe equipment will be manufactured at the plant that this company has …
Geothermal Power Project
World Bank to Aid in Bulgaria Geothermal Development
The World Bank will be providing analytical and advisory support to the Ministry of Energy of Bulgaria to help the country capitalize on its geothermal resource…
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