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Norway
Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets
Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…
Wind Turbine
No Signs of Near-Term Recovery at Siemens Gamesa - Siemens Energy CEO
Siemens Energy does not yet see signs of a recovery at wind turbine maker Siemens Gamesa, its chief executive said on Monday after launching a bid for minority …
Energy Security
EU Unveils €300BN Package to Slash Reliance on Russia’s Energy
The EU Commission President has highlighted the need for a “rapid reduction” in European reliance on Russian oil and gas.
United States
Small Us Businesses Granted $53M for Clean Energy and Climate Solutions
It will support 259 projects across 38 states that cover security and resilience, renewable energy, energy storage, carbon capture and conversion and fusion ene…
Siemens Energy Considers Bid for 100% Stake in Siemens Gamesa
German energy company Siemens Energy is considering making a bid to purchase the remaining third of Siemens Gamesa, in an effort to ease the financial and opera…
Germany
RWE Issues New Us$2.1 Billion Bond to Chase Solar, Wind Projects
German utility giant RWE has issued a green bond with a volume of €2 billion (US$2.1 billion), the proceeds of which will be used to pursue development of sola…
Hydrogen Production
HydrogenOne Capital Growth Invests €6MN in HH2E
German company HH2E is developing projects to decarbonise industry using green hydrogen, with associated energy storage and hydrogen power generation.
CCS
Carbon Capture Company Raises $150M
A company aiming to deliver gigatonne scale industrial decarbonisation by the mid-2030s has raised $150m in its latest funding round.
Offshore Wind Power
Ørsted and TotalEnergies Partner on Dutch Offshore Wind Tenders
Danish renewables company Ørsted and energy company TotalEnergies have jointly submitted bids for the two Dutch offshore wind tenders for Holland Coast West. …
Casino Says it Plans to Sell Renewable Energy Unit
French retailer Casino said in a statement it had launched a process to sell its renewable energy unit GreenYellow with a view to a potential transaction by the…
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
Net Zero Emission
Biden-Harris Administration Announces over $2.3 Billion Investment to Cut U.S. Carbon Pollution
DOE Launches $2.25B Bipartisan Infrastructure Law Effort to Increase CO2 Storage Sites, Provides Additional $91M to Advance Carbon Management Approaches, Buildi…
Offshore Wind Power
UK Oil and Gas Firms to Put £250Bn into Low Carbon Energy by 2030
New analysis has uncovered how spending may look for these companies in the next decade.
Solar Power Panel
US Agrivoltaics Benefit From Government Funding Boost
The U.S. Department of Energy Solar Energy Technologies Office announced the Foundational Agrivoltaic Research for Megawatt Scale funding opportunity.
Wind Turbine
GE Renewable Energy Buys Minority Stake in 3D Printing Firm
COBOD has provided GE Renewable Energy with a 3D concrete printer to use at its new R&D facility in New York.
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