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Armenia

Armenia secures €135m for energy grid revamp, linking to Europe

Two new financing agreements worth €135 million have been signed to support Armenia’s Caucasus Transmission Network project.The deals were signed on …

India

GAIL invests Rs 13 crore in TruAlt’s CBG arm to expand biomass projects

GAIL (India) Limited has invested Rs 13 crore in Leafiniti Bioenergy, a subsidiary of TruAlt Bioenergy, to support the development of compressed biogas (CBG) pr…

India

India Unveils Plan to Quadruple Solar Power by 2035

India's solar power capacity is expected to quadruple over the next ​decade, while wind energy capacity could triple, according ‌to a report published on …

Energy Storage System

Egypt to build 5.62 GW of green energy and storage capacity

Prime Minister of Egypt Mostafa Madbouly attended a signing ceremony for agreements on the construction of renewable energy facilities and electricity storage s…

Kazakhstan

Kazakhstan launches construction of largest wind power plant in its south

Kazakhstan's Zhambyl Region hosted a capsule-laying ceremony at the construction site of the future Mirny wind power plant, Qazinform News Agency reports, citin…

United States

Fervo secures $421 million financing to support Cape Station geothermal development

Geothermal energy project developer Fervo Energy announced that it has secured $421 million in financing to fund the construction costs of the first phase of it…

United States

Terra Energy Center and Korate Asset Management Invest in Alaska's 1.25GW Coal-Fired Power Plant Project

according to data reported by the U.S. Department of the Interior, the American energy company Terra Energy Center plans to invest $1 billion (approximately KRW…

United States

Baker Hughes awarded turbomachinery service contract from Petrobras

Baker Hughes, a US-based energy technology giant, has reached a multi-year agreement with Petrobras, Brazil's state-owned energy giant, to provide critical turb…

Crude Oil

Spain to release 11.5M barrels from strategic oil reserves

The Spanish government on Tuesday approved the release of up to 11.5 million barrels of oil from its reserves in a bid to ease supply shortages.Speaking to repo…

South Korea considers importing Russian oil

The South Korean government is pursuing the reintroduction of Russian crude oil imports, suspended since 2022, as the prolonged closure of the Strait of Hormuz …

Cambridge Atomworks, Mott MacDonald sign microreactor MoU

The UK's Cambridge Atomworks has signed a memorandum of understanding with engineering, management and development consultancy Mott MacDonald to work on the…

Offshore Wind Power

Thor offshore wind farm exports first power to Danish grid

Denmark’s Thor offshore wind farm has delivered electricity to the national grid for the first time, marking a significant commissioning milestone for what wil…

Oil Exploration

Hungary and Slovakia agree to build fuel pipeline

Hungary and Slovakia signed an agreement in Brussels on March 16 to construct an oil products pipeline connecting refineries owned by MOL Group in the two count…

World Bank Funds Uzbekistan to Repair Natural Gas Pipeline Network Leaks

The World Bank recently approved a $10.6 million grant to support Uzbekistan in repairing leaks in its aging natural gas transmission system. This project aims …

Axens and Airbus Sign Memorandum of Understanding to Accelerate Sustainable Aviation Fuel Development and Deployment

Axens and Airbus have signed a Memorandum of Understanding to strengthen their collaboration on the development and deployment of Sustainable Aviation Fuel (SAF…