Rte

Wind Turbine

Wind Turbine Maker Vestas Q2 Hit by Higher Costs

Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs.

Smart Meter

CEDIS Extends AMI Project With 20,000 Smart Meter Replacements

Montenegrin Electric Distribution System (CEDIS) has started work on an extended phase three of the modernisation of their electricity consumption measurement (…

Adnoc Distribution’s Second-Quarter Net Profit Surges 71% On Strong Revenue

Growth in both fuel volumes and non-fuel business of the company boosted revenue

Natural Gas

INNIO and B.Grimm Plan Gas Power Projects in Thailand

Energy solutions provider INNIO has signed a Memorandum of Understanding (MoU) with Bangkok headquartered B.Grimm Power to collaborate on building new power pla…

Energy Storage Battery

Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…

European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns

New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …

Nuclear Power Plant

Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis

High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.

Distributed Grid

DEWA Smartens Distribution Networks in Efficiency Drive

Dubai Electricity and Water Authority (DEWA) has announced a new software with the hopes of enabling network design engineers the capability to augment electric…

Floating Offshore Wind

Novel Floating Wind Prototype Ready for Final Installation

Barcelona-headquartered technology developer X1 Wind is ready for the final installation of its floating wind prototype, PivotBuoy, at the Oceanic Platform of t…

OPEC

Saudi Arabia May Push for Higher OPEC Production

Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.

Oil Field

First Oil Flows From North Sea Field

German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.

Siemens Gamesa Posts €340M Quarterly Loss

Manufacturer reportedly considering cutting 2500 jobs, equivalent to 9% of its workforce.

Oil Price

Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices

Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…

South Africa

South Africa Power Crisis Causes State Monopoly to Open Up

After years of blackouts, the Government of South Africa has started to break the monopoly of its state-owned utility.

Intersect Power Orders 2.4 GW of First Solar’s Modules

US-headquartered First Solar has announced that it has entered into an agreement to supply 2.4 GWDC of its high-performance, advanced thin film photovoltaic (PV…