Energy

Energy Transition

Siemens Gamesa’s Top S&P Global Ratings ESG Evaluation Showcases Its Commitment to Energy Transition

The company, the only wind turbine manufacturer to receive this evaluation from S&P, achieved a score of 83/100 and is ranked #2 in Spain and #12 worldwide.

Europe Needs Faster Renewables Growth Rate to Reach Climate Goals

Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …

Carbon Emissions

Siemens Partners With Storage Solutions Developer on Next Gen Supercapacitors

Skeleton Technologies and Siemens are partnering on a fully automated, digital manufacturing technology to produce supercapacitors in Germany.

Smart Meter

Italgas – Smart Gas Networks at Core of Investments

Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.

Octopus Raises $550M in Latest Fundraising Round

The energy supplier plans to use the money to further improve its energy technology platform, Kraken

Natural Gas

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …

Electric Car

Ferrari CEO Shrugs off Concerns About EV Performance

The carmaker plans to launch a fully electric vehicle in 2025.

Energy Storage Project

Canadian Solar Announces Transaction With Gresham House

Canadian Solar has announced that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative…

Wind Farm

Rosatom and Vietnamese An Xuan Energy Sign Wind Power Cooperation Agreement

NovaWind (Rosatom’s wind power division) and representatives of An Xuan Energy signed a cooperation agreement for the construction of a wind farm in Vietnam. …

Spain

Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain

The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…

Energy Storage Battery

Equinor Buys US Battery Storage Developer East Point Energy

Headquartered in Charlottesville, Virginia, the company has a 4.1GW pipeline of early to mid-stage battery storage projects focused on the US East Coast

Pumped Storage

Poland’s 820MWH Pumped Storage Project to Boost Energy Security

Polish utility PGE has announced its plan to build an 820MWh hybrid energy storage system at Żarnowiec pumped-storage plant.

Wave Energy

First Composite Hull for Corpower’s Wave Energy Converter

CorPower Ocean has teamed up with composite machinery specialist Autonational and composite tank firm CPT Tankwell to develop its first commercial-scale hull in…

Oil Refinery

NTPC, IndianOil Partner to Form JV for Renewable Energy

IndianOil plans to supply the additional power requirements of its refineries with RE by December 2024.

Electrification

ARENA Mandate Expanded to Cover Energy Efficiency, Electrification

Energy efficiency and electrification will help in emissions reduction.