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Battery

BW ESS Secures Green Loan

BW ESS, in partnership with Ingrid Capacity, has obtained a SEK628 million (€57 million) green loan from Nordea Bank to support its 211MW/211MWh portfolio …

Nuclear Reactor

China Approves Construction of Ten New Nuclear Reactors

China has authorized the construction of ten new nuclear reactors in 2025, marking the fourth consecutive year with at least ten approvals. This decision reinfo…

Battery

CIP to Sell 50% Stake in 500MW Coalburn 1 BESS Project, Scotland

Copenhagen Infrastructure Partners (CIP) has finalized an agreement to sell a 50% stake in its Coalburn 1 battery energy storage system (BESS) to AXA IM Alts. T…

CCS

Saipem Scores €520 Million Gig on Eni’s Irish Sea CCS Project

Italian energy company Eni has awarded a €520 million contract to Saipem, an Italian engineering and construction firm, for a carbon capture and storage (C…

Oil Refinery

Spanish Oil Refineries Shut Down After Power Blackout

On Monday, a widespread power outage across Spain and Portugal forced several oil refineries to suspend operations, including both plants managed by Moeve, Spai…

Ethanol

Trump Administration Allows Temporary Sales of Summertime Higher-Ethanol Fuel

On Monday, the Trump administration announced an emergency waiver permitting the nationwide sale of E15, a gasoline blend containing 15% ethanol, during the sum…

LNG

Woodside Greenlights $17.5 Billion US LNG Project, Targets 2029 Start

Woodside Energy, an Australian energy company listed as WDS.AX, announced its final investment decision for a Liquefied Natural Gas (LNG) project in Louisiana, …

CCS

Calpine Strikes New Agreement for Texas Power Generation CCS Project

Exxon Mobil has entered into an agreement with Calpine to transport and permanently store up to 2 million metric tons of CO2 annually from Calpine’s Bayto…

Battery

AXA IM Alts Enters UK Battery Storage Market With Strategic Scottish Investment

AXA IM Alts, managing €186 billion in alternative investments, has acquired a 50% stake in Coalburn 1, a 500MW battery energy storage system (BESS) in Sout…

Offshore Wind Power

Vietnam Proposes Offshore Wind Power Price Cap

Vietnam Electricity (EVN) is developing a pricing framework for offshore wind projects to support the country’s renewable energy goals. The state utility …

FLNG

Wison New Energies Nets Work on Petronas FLNG Set for Suriname

China’s Wison New Energies has finalized the detailed feasibility study for a new floating liquefied natural gas (FLNG) facility to be located offshore Su…

Offshore Wind Power

Global Energy Giant RWE Halts US Offshore Wind Because of Trump

RWE, a leading global renewable energy company based in Germany, has paused its US offshore wind operations due to recent policy shifts. The decision was announ…

Solar project

JUWI Secures 30.9 MW of Awards in German Solar Tender

German renewable energy developer JUWI GmbH has secured 30.9 MW of projects in a recent tender for ground-mounted photovoltaic (PV) systems in Germany. The comp…

Nuclear Power Plant (NPP)

China Tops Global Rankings in Overall Nuclear Power Scale for First Time

China has achieved the world’s largest nuclear power capacity, with 102 units—operational, under construction, or approved—totaling 113 million kilowatt…

Electric Vehicles

Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook

Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…