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Nuclear Power Plant (NPP)
UK Government Buys Wylfa and Oldbury Nuclear Sites From Hitachi
An agreement to buy the Hitachi-owned sites for new nuclear at Wylfa in north Wales and Oldbury-on-Severn in southwest England has been reached for GBP160 milli…
Offshore Wind Power
Ramboll Contracted on Italian Project Combining Offshore Wind, Floating Solar and Power-To-X
Ramboll has been appointed to deliver advisory and technical support for the 600 MW Agnes Romagna offshore wind project, proposed to be built in the Italian sec…
Oil&Gas Drilling
Diamond Offshore Clinches New $350M Drillship Deal with BP
Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of Mexico for the seventh-generation dr…
Oil Price
Several Countries Extend Oil Output Cuts to Boost Prices Amid Economic Uncertainty
The OPEC+ alliance on October 5, 2022, decided to sharply cut production to support sagging oil prices. © Michael Probest, APThe plan to extend cuts to mid…
Offshore Wind Power
Ørsted Has 6.7 GW of Offshore Wind Under Construction
Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, ac…
Hydrogen Production
UK to Invest $26.5B in Hydrogen Projects
The United Kingdom (UK) government is boosting seven low carbon hydrogen projects with over $26.52 billion (GBP 21 million) in investment, in a bid to become a …
Hydrogen Project
Egypt Signs 7 Green Hydrogen MoUs Worth a Potential $40 Billion
Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic …
Offshore Wind Power
Laos Proposes to Sell 4,150 MW of Wind Power to Vietnam
Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos that want to sell electricity to Vietnam, with a total capacity of nearl…
Electric Vehicles
Stellantis CEO Defends Eu's 2035 Ban on Fossil-Fuel Cars
Stellantis CEO Carlos Tavares holds a press conference ahead of visiting the Sevel automaker's plant, Europe's largest van-making facility, in Atessa, I…
Power Construction
US Power Grids Seek More Coordination With Natgas Firms to Improve Reliability
The sun sets behind power lines in Carlsbad, California July 24, 2006. REUTERS/Mike Blake/File Photo Purchase Licensing RightsSeveral U.S. power grid operators …
Wind Farm
RWE to Supply Seven German Companies With Wind Power From Kaskasi Wind Farm From 2026
RWE Supply & Trading concludes Power Purchase Agreements with major industrial customers for around 1,000 gigawatt hours per year. High industrial demand for gr…
Renewable Energy
Ethiopia Seeks to Harness Its Enormous Renewable Energy Potential
Ethiopia has significant renewable energy potential, including hydroelectric, wind, solar and geothermal sources, with the capacity to generate more than 60,000…
Renewable Energy
Vena Energy Secures $600M Sustainability-Linked Financing
Crédit Agricole Corporate and Investment Bank acted as the Facility Agent and Issuing BankVena Energy secures $600m sustainability-linked financing. (Cre…
Offshore Wind Power
1.44 GW of Hybrid Wind Power and Photovoltaic Projects Commissioned by 2023 in India
Renewable Energy Implementation Agencies (REIAs) in India, including Solar Energy Corporation of India, NTPC Ltd., SJVN Ltd. and NHPC Ltd., have floated tenders…
Power Construction
India Only Market With No Substantial Decline in Electricity Prices in 2023
India, which witnessed a seven per cent Y-o-Y growth in power demand in 2023, was the only market that did not see any substantial decline in wholesale electric…
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