Energy

Energy Storage Battery

30MW UK Battery Scheme Gets Go-Ahead

Devon facility is first of several projects to be developed by Balance Power

Energy Storage System

Wärtsilä to Supply Energy Storage to Belgium

The technology group Wärtsilä will supply a 25-MW/100-MWh energy storage system under an extended equipment delivery and a long-term service agreement in Belg…

Combined cycle power plant

Siemens Energy to Build Combined-Cycle Power Plant in Brazil

The GNA I and II plants will generate enough energy to meet the power requirements of 14 million households.

Energy Transition

E.ON Plans to Invest $30bn in Energy Transition by 2026

E.ON’s investment will also focus on expanding its distributed energy infrastructure solutions.

Energy Storage System

Siemens and Fluence to Provide Energy Storage for Grid Resilience on Madeira Island

Utility Empresa de Electricidade da Madeira has selected Siemens Smart Infrastructure and Fluence for the development of an energy storage system on the Portugu…

Solar Power Plant

LS Electric Aims to Lead in Eco-Friendly Solar Energy Sector

Just 30 minutes' drive from Naju KTX station, Geumjeong-myeon Yeongam, South Jeolla Province, is the location of the country's largest solar power plant built a…

Nuclear Technology

Iran, IAEA Agree to Continue Negotiations, Cooperation

Iran and the International Atomic Energy Agency on Tuesday announced that they have agreed to continue their negotiations and cooperation in the areas of common…

Finland

Finland Targets Creating a World-Leading Hydrogen Economy

Finland is continuing to develop its hydrogen economy with many Finnish businesses, research centres and government figures coming together to support the growi…

Wind Power Project

Finland’s Energy Transition to Accelerate with Country’s Largest Wind Power Project of 455MW

The 455MW Lestijärvi wind farm with Swedish developer OX2 is due to be installed in 2024.

United States

US Storage Player Offloads Stake

Apollo Funds will acquire 50% share in Broad Reach Power from existing investor EnCap and its partners

Energy Technology

China: New Sinopec Downstream Technology Process Developed

China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…

Natural Gas

Jonah, PureWest both Reach Natural-Gas Milestones

Separately, Jonah Energy and PureWest are announcing milestones in the privately held companies’ quests to market responsibly sourced natural gas.

Energy Transition

SOUTH AFRICA: AFD Lends $100M to FirstRand for Climate Change Mitigation Projects

The French Development Agency is approving a $100 million loan for FirstRand Bank, the subsidiary of the FirstRand Group.

Wave Energy

Mocean Energy Wave Prototype Completes Sea Trials

Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea.

Crude Oil

Biden Announces Global Effort to Ease Energy Costs

US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve