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Wave Energy
Spanish Govt Backs Carnegie’s Wave Energy Tech With €1.17m
Carnegie Clean Energy’s subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support…
Hydropower Plant
Locus Energy Acquires 158GWh Hydropower Portfolio in Norway
Locus Energy, a portfolio company of SEB Nordic Energy, has acquired a 158 gigawatt-hours (GWh) hydropower portfolio across the Norwegian price areas NO2 to NO5…
Offshore Wind Power
Buchan Seeks New Feedback on 1GW Floater Plans
The Buchan Offshore Wind project, a 1GW floating wind farm located 75 km northeast of Fraserburgh, Scotland, is advancing with its third round of public consult…
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
Solar Inverter
Sunora Expands Into Solar Inverter Market at RenewX 2025
Sunora showcased its latest solar inverter, the SUN-10HL-G4, at RenewX 2025, a prominent renewable energy exhibition. This 15 kW three-phase grid-connected inve…
Battery
BW ESS Secures Green Loan
BW ESS, in partnership with Ingrid Capacity, has obtained a SEK628 million (€57 million) green loan from Nordea Bank to support its 211MW/211MWh portfolio …
Nuclear Reactor
China Approves Construction of Ten New Nuclear Reactors
China has authorized the construction of ten new nuclear reactors in 2025, marking the fourth consecutive year with at least ten approvals. This decision reinfo…
Battery
CIP to Sell 50% Stake in 500MW Coalburn 1 BESS Project, Scotland
Copenhagen Infrastructure Partners (CIP) has finalized an agreement to sell a 50% stake in its Coalburn 1 battery energy storage system (BESS) to AXA IM Alts. T…
CCS
Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project
Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (C…
Crude Oil
Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales
On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…
Oil Refinery
Spanish Oil Refineries Shut Down After Power Blackout
On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…
Ethanol
Trump Administration Allows Temporary Sales of Summertime Higher-Ethanol Fuel
On Monday, the Trump administration announced an emergency waiver permitting the nationwide sale of E15, a gasoline blend containing 15% ethanol, during the sum…
Electricity Transmission
Loss of Power, Franco-Spanish Interconnection Failure Led to Grid Collapse
On Monday, a widespread blackout affected large parts of the Iberian Peninsula, primarily due to a significant and sudden reduction in electricity supply, accor…
CCS
Calpine Strikes New Agreement for Texas Power Generation CCS Project
Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…
Brazil
Brazil’s Ethanol Boom Keeps More Corn at Home
Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…

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