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Hydrogen Production

ACWA Power, POSCO Partner to Develop Green Hydrogen in South Korea

The MoU seeks to decarbonise POSCO Group’s power generation.

Finland

Neoen and Prokon Sign Second PPA With Equinix

Neoen and Prokon have announced the signing of a new power purchase agreement (PPA) with Equinix to provide at least 42 MW of green energy in Finland.

Hydropower Plant

Construction of Chinese-Built Hydropower Plant in Zambia Nears Completion

Last Thursday, Zambian President Hichilema toured the Kafue Lower Gorge Power Station, a Chinese-built hydropower plant.

Record Profits Could Convince Oil Majors to Hike Dividends

Strong up-and-downstream performance make for strong big oil earnings expectations.

The Future Is Bright for Artificial Intelligence in the Middle East

Several nations are embracing AI to diversify and bolster their economies.

Crude Oil

Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year

Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.

Kyrgyzstan

Heatwaves Could Cause Energy Crunch in Central Asia

Kyrgyzstan’s state utilities company is warning of potential energy shortages as a heatwave grips Central Asia.

Brillouin Energy Demonstrates High-Tech Boiler That Can Pave the Way to a Clean Energy Future

Brillouin Energy Corp will demonstrate publicly at ICCF24 a revolutionary new high-tech boiler system that can help the world transition from fossil fuel energy…

Solar Power Panel

A Pilot Project in the North Sea Will Develop Floating Solar Panels That Glide Over Waves ‘Like a Carpet’

German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea.

United Kingdom

Sizewell C ‘a Step Forward’ for Energy Supply and Reliability

That’s the claim of an economics professor, after the UK government granted the site right to go-ahead

Electric Car

Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs

The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …

United Kingdom

Anglo-German Interconnector Project Reaches Financial Close

The NeuConnect interconnector project linking the UK and German energy markets has reached financial close.

Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts

European TSO Amprion Offshore GmbH has commissioned Siemens Energy to supply the necessary technology for the converter stations of the DolWin4 and BorWin4 grid…

France

Hazard Map in Aid of Geothermal Projects Developed in France

The multidisciplinary hazard map developed by BRGM and Cerema has helped in creating regulatory zones for geothermal drilling in several regions in France.

Germany

German Government to Acquire 30% of Uniper

The energy major has signed a €15bn bailout deal.