Energy company

Gas power plant

ACWA to Acquire Engie’s Assets in Bahrain and Kuwait for $693M

The expansion aligns with ACWA Power’s strategy to triple its assets under management to $250bn by 2030.Saudi Arabia-based energy company ACWA Power has signed…

Floating Solar

Contract Signed for World’s Northernmost Floating Solar Plant

defaultNorwegian renewable energy company Alotta has signed a contract with Norwegian fish farmer Emilsen Fisk to deploy one of its floating solar energy soluti…

Photovoltaic （PV）

Ecoener Secures $43.1m Loan From Proparco to Develop Payita 1 Solar Project

The financing will enable Ecoener to strengthen its financial base with a new long-term loan.Renewable energy company Ecoener has secured a $43.1m loan from Pro…

Solar Power Plant

Tesla and Zelestra Sign Long-Term Solar PPA in Spain

The supply will come from three solar plants – Brazatortas I, II and IV – to be built in Ciudad Real in Castilla-La Mancha.Tesla and renewable energ…

Coking Coal

Henan Jinma Energy Issues Profit Warning Amid Coke Segment Challenges

Henan Jinma Energy Company Limited has announced a profit warning, indicating an expected loss of approximately RMB350 million for the year ended 31 December 20…

Oil & Gas Trade

ADNOC Gas Signs 14-Year LNG Agreement With Indianoil for up to $9 Billion

ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liq…

Tidal Energy

1.1 MW Tidal Turbine Hits the Water in Japan’s Naru Strait

UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it the first to ope…

Pumped Storage

Fortum Explores New Potential Pumped Hydro Storage Plants in Sweden

Finnish clean energy company Fortum has initiated a two-year feasibility study to explore prerequisites for new pumped hydro storage plants in Sweden.The compan…

Hydrogen Project

Spanish Avalon to Invest €8 Billion in Hydrogen and Derivatives Projects

Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locat…

Wind Turbine

Low Carbon Trims Turbine Numbers at High Brenfield

UK renewable energy company Low Carbon has reduced the number of turbines at its High Brenfield wind farm project in western Scotland following consultation.In …

Wind Farm

ØRsted Cuts 2030 Investment Programme 25% Due to Rising Costs

Ørsted plans a DKr210bn ($29.1bn) to Dkr230bn investment programme from 2024 to 2030.Danish energy company Ørsted has announced a 25% reduction in…

SMR

Westinghouse Considers Repurposing Nuclear Sites in Italy for SMRs

Construction activities are expected to begin by 2030.US-based energy company Westinghouse has proposed the installation of small modular reactors (SMRs) at dec…

Electricity Transmission

Meta to Buy Power From Enel’s 115MW Wind Farm in Oklahoma

Enel North America has signed more than 100 PPAs, totalling 7.3GW of contracted capacity.Enel North America, a unit of Italian energy company Enel, has signed a…

Solar Power Plant

500MW New York PV Project Gets Nod

The New York Office of Renewable Energy Siting and Transmission (ORES) has approved construction of Hecate Energy and Greenbacker Renewable Energy Company's…

LNG

Baker Hughes’ Solution Selected for Pelican State’s New LNG Plant

Rendering of the future Argent LNG terminal;Argent LNG, a U.S.-based energy company dedicated to developing liquefied natural gas (LNG) export solutions, has pi…