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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…

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…

Electricity Transmission

Loss of Power, Franco-Spanish Interconnection Failure Led to Grid Collapse

On Monday, a widespread blackout affected large parts of the Iberian Peninsula, primarily due to a significant and sudden reduction in electricity supply, accor…

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…

Thailand

RCL Boosts Boxship Orderbook

Thailand’s Regional Carrier Lines (RCL) is expanding its fleet by ordering four new containerships from shipyards in China, as announced in a recent stock…

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 …

Brazil

Brazil’s Ethanol Boom Keeps More Corn at Home

Brazil’s rising domestic corn consumption is expected to reduce its role in the global export market, potentially benefiting other exporters and influenci…

Hydrogen Fuel Vehicle

DP World Tests Hydrogen Fuel Cell Crane at Vancouver Port

DP World is conducting a field trial at its Vancouver terminal to test a hydrogen-powered RTG crane, aiming to electrify its global fleet of 1,500 diesel-powere…

Morocco

Morocco Commences Construction of Africa’s Longest High-Speed Rail Line, the Kentira-Marrakech Rail Project.

On Thursday, King Mohammed VI officially launched Morocco’s $10.3 billion Kenitra-Marrakech rail project, a major step toward enhancing the country’…

Oil & Gas Trade

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses

Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…