Energy

Hydropower Plant

Acciona Energía Sells Hydro Portfolio in Spain to Elawan Energy

ACCIONA Energía announced today that it has reached an agreement with Elawan Energy, a subsidiary of ORIX Corporation, for the sale of 100% of Acciona Sa…

Offshore Wind Power

Vestas Is Awarded a 49 MW Wind Energy Project in Germany

Vestas has received a 49 MW order from WindBauer GmbH for the Bartow Pfalz wind energy project in Mecklenburg-Vorpommern, Germany. Vestas will deliver six V162-…

Oil & Gas Trade

Viaro to Buy Shell, Exxon’s North Sea Assets

Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (…

Renewable Energy

EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil

Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains…

Oil & Gas Trade

Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million

Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous comm…

Energy Storage Project

Construction Begins on e.on and Quinbrook’s 460MWH Welsh BESS

Construction is underway on a new battery energy storage system (BESS) project, set to be one of the UK’s largest.The project, located on the site of a fo…

Wind Farm

From 22 to 4 Wind Turbines, Endesa Begins the Largest Repowering of a Wind Power Plant in Spain

The wind farm, which foresees the replacement of wind turbines operating since 2000, represents an investment of 34.1 million euros. The work has a maximum aid …

Offshore Wind Power

Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale

The Bureau of Ocean Energy Management (BOEM) has canceled its second Gulf of Mexico offshore wind lease sale due to a lack of competitive interest. Published on…

Renewable Energy

Spain Greenlights Almost 300 Renewable Power Projects With $18-Billion Investment

The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help t…

Oil & Gas Trade

US Buys 4.65 Million Barrels for Emergency Oil Stockpile

The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …

Photovoltaic （PV）

Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power

Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…

Energy Storage Project

Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts

Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…

Coal Trade

China Approves Use of Local Coal in Three Pakistani Power Plants

China has approved the conversion of three coal-fired power plants in Pakistan from using imported coal to local coal, a move designed to lower energy costs.Sou…

Carbon Capture

Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas

Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…

Electric Vehicles

Tesla and BYD Are Dominating the Global Electric Vehicle Market

Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's …