Eu

Renewable Energy

EIB Signs €100 Million Green Loan With Iberdrola

The European Investment Bank (EIB) and Iberdrola, backed by SACE’s Archimede Guarantee, have signed a new €100 million green loan agreement to build …

Oil Exploration

Kharabsheh Follows up on Achievements of Petroleum Exploration Projects

The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (202…

Natural Gas

Subsea7 Expands Its Scope for Giant Black Sea Gas Project With IRM Services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for T&uum…

Tender/bid

Tunisia Awards 500 MW of Photovoltaic Solar Projects in Tender

Tunisia has selected four photovoltaic projects totalling 500 MW in the first phase of the 1,700 MW call for tenders, with the best tariff being 0.029 euros per…

Natural Gas

Russia Ready to Export Gas to EU via Routes Bypassing Ukraine, Official Claims

Russia is ready to supply natural gas to Europe through alternative routes bypassing Ukraine, Russian Deputy Prime Minister Alexander Novak claimed on Dec. 25 o…

India

Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25

The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…

Green Hydrogen

Chinese Firm to Supply Green Hydrogen Systems for ACME Oman Project

As part of an MoU signed in April this year, ACME Group and Hydrogenious will explore the joint development of large-scale hydrogen supply chains from ACME&rsqu…

Dam

China Approves Construction of World’s Largest Hydropower Dam in Tibet

China has given the green light for the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet, according to Reuters. The…

Wind Turbine

Vestas Development Sells 277 MW Wind Portfolio in Italy

Wind turbine manufacturer Vestas has sold a 277 MW wind portfolio in Italy. This transaction demonstrates Vestas Development’s ability to continue develop…

France

European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose

In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …

Wind Power Project

Vestas Announces Three New Orders Totalling 198 MW

Vestas has announced three new orders as part of the Q4 order intake. In Germany, the orders include an 86 MW project from Oberhessische Versorgungsbetriebe, Ma…

Energy Investment

Spain Has 29 Projects From the EU Innovation Fund, With More Than 1,286 Million in Aid

Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most ben…

Solar Module

Prospects for Reusing Silicon From End-Of-Life Solar Modules in New Ingot Production

Scientists in the Netherlands proposed a new testing scheme for recycling silicon from end-of-life photovoltaic panels. Their methodology helped create differen…

Solar project

European Energy Connects 54MW Polish Solar

European Energy has connected a 54MW solar park in Poland to the grid.Construction of the solar park, near Debnica in West Pomerania, was completed on 21 Decemb…

Oil Exploration

Onshore Petroleum Auction Set to Be Held

Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…