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Tidal Energy
Cape Horn Wraps up Cfd Validation for Spiralis Energy’s Tidal Test Rig
Following nearly a year of collaboration, Cape Horn Engineering and Spiralis Energy unveiled the validation results for the CFD program based on real-world cond…
Wind Power Project
EDP Renewables Secures 20-year Greek Auction for Wind Energy
EDP Renewables (EDPR) has secured a 20-year differential (CfD) contract at a Greek energy auction for the sale of wind power generated by the 33-megawatt (MW) c…
Offshore Wind Power
UK Awards 5.3 GW of New Offshore Wind and 990 MW of New Onshore Wind
The UK has announced the results of its latest auction for new wind farms (AR6). 6.3 GW of new wind capacity won Contracts for Difference (CfDs). 5.3 GW were of…
Tidal Energy
UK Awards Six Tidal Stream Projects With Contracts for Difference in Allocation Round 6
The UK government has unveiled the results of Allocation Round 6 (AR6) of the contracts for difference (CfD) renewable auction, with six projects across five si…
Oil Price
CFTC Fines Totalenergies Trading $48 Million for Attempted Market Manipulation
The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTE…
Geothermal Power Project
Pertamina Partners With Japanese Insurance Company to Support Geothermal Projects
Signing of MOU between Pertamina and NEXI. In the photo are Emma Sri Martini, CFO of Pertamina, Ken Saito, Minister of Economy, Trade and Industry, Atsuo Kuroda…
Oil&Gas Drilling
PETRONAS Achieves First Gas Production From Kasawari Field Offshore Malaysia
PETRONAS recently commenced its first gas production at the Kasawari field, located in Block SK316, approximately 200 km offshore Malaysia, at an initial flow r…
Offshore Wind Power
High Costs Delay Denmark’s North Sea Energy Island for Second Time
The artificial island was designed as a hub for collecting and distributing electricity generated by offshore wind turbines. Credit: Dragancfm via Shutterstock.…
Photovoltaic (PV)
Nextenergy capital acquires 248MW solar PV portfolio in Spain
This announcement builds on the success of earlier acquisitions including a solar project in the US and two CfD portfolios in Europe. Credit: vvaldmann / Shutte…
Electricity Transmission
Mexico’s sheinbaum taps first woman to lead state power firm CFE
The logo of Mexico's state-run electric utility known as the Federal Electricity Commission (CFE), is pictured at its building office in Monterrey, Mexico F…
Photovoltaic (PV)
Acciona Energía Wins 12-Year CfD for 189 MW in Croatia
Spanish energy developer Acciona Energía has been awarded a 12-year contract for difference (CfD) to develop the 189 MW Promina solar project, currently …
Solar Power Plant
Solar Could Win up to £185 Million in Largest Ever CFD Budget
The strike price for solar PV will increase 30% from £47 per megawatt hour (MWh) to £61/MWh. Image: Matt Austin.The government announced on 30 July …
LNG
Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet (bcf) of natural gas, LSEG data showed.Freeport is the Unite…
Oil & Gas Trade
Exxon Mobil, CF Industries sign carbon capture and storage deal
Energy major Exxon Mobil (XOM.N), opens new tab said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Indus…
Renewable Energy
India's Adani Group to Increase Capex to $15.6 Bln in Fiscal 2025, CFO Says
Indian ports-to-power conglomerate Adani Group will increase capital expenditures in fiscal year 2025 to 1.3 trillion rupees ($15.6 billion) from 700 billion ru…
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