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Power Cable

Progress Made on €2.4bn Eurasian Electric Cable, Cyprus Says

Cypriot President Nikos Christodoulides speaking with Greece Prime Minister Kyriakos Mitsotakis. Credit: Etienne Torbey via Getty Images.There has been progress…

Nuclear Power Plant (NPP)

Global Nuclear Power on the Rise as Iaea Outlook Surges for Fourth Consecutive Year

At the end of 2023, global nuclear capacity stood at 371.5GW. Credit: BearFotos via Shutterstock.The International Atomic Energy Agency (IAEA) has revised its a…

Carbon Credits

Exclusive: Indonesia’s Prabowo Plans $65 Bln Green Fund From Selling Carbon Credits

A student carries mangrove saplings to be planted at Mangrove Park Lampulo, marking World Environment Day in Banda Aceh, Indonesia, June 5, 2024. REUTERS/ Riska…

Ammonia

US Offers $1.56 Bln Conditional Loan for Indiana Ammonia Facility

The project will be the first to domestically produce low-emissions ammonia for local farmers in the corn belt. REUTERS/Bing Guan/File Photo Purchase Licensing …

Solar project

DOE to Invest $40M for US Solar Supply Chain Boost

(Credit: Dennis Schroeder / NREL )The U.S. Department of Energy (DOE) announced $40 million in investments across the solar energy supply chain, including the s…

Carbon Emissions

Occidental’s 1POINTFIVE to Get up to $500M US DOE Funding for South Texas DAC Hub

US DoE to award up to $500m to Occidental’s 1PointFive for the South Texas DAC hub. (Credit: Michael from Pixabay)Occidental’s fully owned subsidiar…

Solar Power Plant

Scatec Signs Ppa for 1GW Solar and 100MW Battery Storage in Egypt

Scatec will provide engineering, procurement and construction services for the project. Credit: Scatec.Norwegian energy company Scatec has signed a power purcha…

Offshore Substation

Aker Solutions to Design Underwater Substations for Med Wind in Italy

Renexia selected Aker Solutions’ hardware for its small footprint and minimal impact on the marine ecosystem. Credit: Aker Solutions.Aker Solutions has se…

Renewable Energy

EIB, Firstrand Bank Invest €400M in South African Renewable Energy Projects

The EIB believes that South Africa has lacked investment opportunities to reach its renewable energy potential. Credit: Dancing_Man via Shutterstock.Several sol…

Oil & Gas Trade

Qatar Plans to Increase Its Stake in Iberdrola

Credit: Poetra.RH via Shutterstock.Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, i…

Hydropower Plant

Contact Energy to Acquire Manawa Energy in $1.14bn Deal

Manawa Energy to be acquired by Contact Energy in $1.14bn deal. (Credit: guentherlig from Pixabay)Contact Energy has agreed to acquire New Zealand-based renewab…

SAF

Brookfield Agrees to Invest up to $1.1bn in Infinium’s Efuels Platform

Recently, Infinium announced a strategic agreement with American Airlines. (Credit: Quintin Soloviev/ Wikipedia (Creative Commons))Infinium, the world’s f…

Solid-State Batteries

Altech Inks Five-Year German Deal for Salt Cell Batteries

German consultancy firm Zweckverband Industriepark Schwarze Pumpe has signed a letter of intent to buy Altech Batteries’ Cerenergy GridPacks as part of a …

Floating Offshore Wind

Aker Solutions to Design Underwater Substations for 2.8 GW Floating Wind Farm off Sicily

Aker Solutions has won a contract from Renexia to design the underwater substations for the 2.8 GW Med Wind floating offshore wind project in the Mediterranean …

Solar Power Plant

Powin and Bhe Renewables Link for US Solar and Storage Microgrid Project

Product rendering of Powin’s Centipede Stack800 battery energy storage system. Credit: Powin.Energy storage solutions provider Powin has partnered with BH…