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Battery

Tier 1! Risen Energy Storage Recognized On Bloombergnef's Global Tier 1 List

Energy StorageOn October 23, 2024, BloombergNEF (BNEF) released its Q4 2024 Global Tier 1 Energy Storage Manufacturers list, where Risen Energy Storage has once…

Oil & Gas Trade

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…

Battery

US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years

Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batter…

Offshore Wind Power

Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms

In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August…

Carbon Storage

‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …

Oil & Gas Supply

Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says

Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…

LNG

I Squared Capital To Acquire Philippines Coastal Terminal

ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…

Hydrogen Project

Nel Secures Up To €135 Million For Industrialization Of Its Electrolyzer Technology

Russia has completed assembly of the reactor for Unit 1 of the Rooppur nuclear power station under construction in Bangladesh, state nuclear corporation Rosatom…

Hydrogen Project

Germany Approves $20.5 Billion Hydrogen Push

Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan w…

Canada

LG Energy, Stellantis Plant In Ontario Begins Battery Production

Korean battery maker LG Energy Solution (LGES) said Wednesday that its joint venture with multinational automaker Stellantis had begun producing battery modules…

Net Zero

MPA, Irena Join Forces On Energy Transition In Maritime And Port Sectors

As disclosed, the agreement was inked at the Singapore International Energy Week on October 22, 2024. Under the MoU, MPA and IRENA will combine their knowledge …

Offshore Wind Power

Dutch Port Welcomes First Batch of Monopiles For RWE’s Thor Offshore Wind Project

Buss Terminal Eemshaven, part of the Hamburg-based terminal operator Buss Ports, provides storage space, heavy unloading equipment, and operators at the port wh…

Decarbonization

Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off

Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign…

LNG

Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks

Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…

Hydro Generator Unit

US City Of Beaverton Integrates Hydropower Into Drinking Water System

The City of Beaverton in Oregon, US, has completed renovations at its Sexton Mountain Pump Station, transforming it into a source of clean, renewable energy. Th…