Citi

Battery

Eaton Releases Commercial, Industrial BESS

Eaton says its new xStorage commercial and industrial battery energy storage system (BESS) offers storage capacities ranging from 250 kWh to 1,000 kWh, using li…

Germany

Alstom Recalls Hydrogen Train Fleet as RMV Temporarily Returns to Diesel

Rail operator RMV will reportedly return to diesel trains until the end of 2025 after Alstom recalled its largest hydrogen train fleet in Germany, citing compon…

Energy Storage Project

Panasonic Releases New R32 Heat Pumps

The Exterios Z systemPanasonic has launched its new R32 heat pumps, introducing the EXTERIOS Z and ClimaPure XZ series. The models offer heating capacities rang…

Solar Inverter

Deye Debuts New Microinverter Series

Chinese manufacturer Deye has launched a new microinverter series featuring three models, with PV input capacities ranging from 1,320 W to 2,200 W and output ca…

LNG

Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production

Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…

Wind Power Project

Sweden Rejects Baltic Sea Wind Farms, Citing Defence Concerns

Sweden has rejected applications to build 13 offshore wind farms in the Baltic Sea due to defence concerns, while giving the go-ahead to one on its west coast, …

Hydrogen Project

Govt. To Designate 3 Cities As Nation's First 'Hydrogen Complexes'

The government said Friday it will designate three cities as the nation's first hydrogen-specialized complexes and support their growth into hydrogen indust…

Offshore Wind Power

SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility

Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…

LNG

Russia Seeks Over $1 Billion in Damages From Shell, Report Says

The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (SH…

United States

Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say

A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson Purchase Licensing RightsPrivately held oil and g…

LNG

PV Power Receives $521.5m Loan for Vietnam’s First LNG to Electricity Plants

Citi and ING Germany alongside Korea Trade Insurance Corporation (K-Sure), and Swiss Export Risk Insurance (SERV) have closed a 12-year financing loan worth $52…

Uranium Project

Kazatomprom Lowers 2025 Uranium Production Expectations

Kazatomprom has cut its uranium production guidance for 2025 by 5000 tU, citing uncertainties in sulphuric acid supply - but 2025 production is still expected t…

Oil & Gas Trade

Viaro to Buy Shell, Exxon’s North Sea Assets

Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (…

Nuclear Reactor

Japan Nuclear Watchdog Panel Decides Against Restarting Tsuruga Reactor

A panel of Japan's nuclear watchdog decided on Friday against restarting a reactor at the Tsuruga nuclear power plant citing seismic risks, paving the way f…

Energy Storage Project

Romania Aims to Roll out 5 GW of Energy Storage by End 2026

According to Romanian Minister of Energy Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially over the next couple of years.…