Ev

Wind Farm

Masdar Achieves Financial Close On 500MW Uzbek Wind Project

Zarafshan wind farm will be the largest renewables project in Central Asia and will provide enough electricity to power 500,000 homes.

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Electric Vehicle Battery

ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries

Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…

Solar Cell

ØRsted Acquires First Solar Project in Ireland

Ørsted has acquired the 65MW Ballinrea solar PV project in Ireland from renewable energy developer Terra Solar.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

LNG

Canada Sees West Coast LNG Revival as World Scrambles for Gas

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposi…

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…

Nuclear Power Plant

Swiss Group to Launch Petition to Rethink Nuclear Power Plans

A group of Swiss politicians has formed 'Stop Blackouts', which will launch a petition seeking a revision to the country's energy policy to guarantee adequate p…

RWE Acquires Polish Renewables Business With 3GW Solar Pipeline

German energy company RWE has acquired Polish solar developer Alpha Solar in a bid to strengthen its European renewables business.

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …

France

EDF’s Minority Shareholders Scramble to Challenge Nationalisation Price

Minority shareholders in EDF are accelerating their efforts to challenge the price set for the nationalisation of the French energy group, believing the governm…

Natural Gas

Norway Eyes High Gas Output Until 2030, Says Energy Minister

Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports, its energy minister said on…

Electric Car

Super-Fast Charging Method to Optimize Electric Vehicles

Even though electric cars are becoming increasingly popular, many people are still hesitant to switch. One factor is that starting an electric vehicle takes so …

Electric Vehicle Battery

EV Maker Polestar to Provide Batteries for ‘Flying’ Electric Boats

Luxury EV maker Polestar will provide battery and charging systems to electric boat firm Candela after the two Swedish companies signed a multi-year agreement.

Electric Car

UK EV Drivers to Sell Energy to National Grid

EVs will be connected with the UK’s grid through the balancing mechanism