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Offshore Wind Power

SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility

Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…

Floating Solar

First Floating Solars Arrive In Port Of Amsterdam For Installation At North Sea Offshore Wind Farm

Planned for a 2025 installation, the Hollandse Kust Noord solar farm is expected to be what the company described as the largest offshore solar farm in the Nort…

Oil Price

Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations

Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…

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…

Electricity Transmission

Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn

Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…

Tidal Energy

OceanX Unveils Key Insights From Malaysia Marine Mission

OceanX recently completed a 16-day mission to study marine ecology and coastal ecosystems off Pahang, Malaysia. The OceanX Malaysia Mission 2024, aboard the adv…

Electric Vehicles

Mobile PV-powered EV Charging Stations For Commercial, Industrial Sites

A UK solar car park company, 3ti Energy Hubs, has launched Papilio3, a standardized, portable solar charging station in a carport design with space for twelve e…

Offshore Wind Power

Cost Of North Sea Energy Island Could Reach 7 Billion Euros, Far Exceeding Initial Estimates

The cost of the Princess Elisabeth energy island in the North Sea could soar to 7 billion euros, significantly higher than the initial estimate of 2.2 billion e…

United States

Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US

Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …

Oil&Gas Drilling

Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week

Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX…

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…

Nuclear Power Plant (NPP)

Nextera Considers Nuclear Restart In Iowa, While Renewable Deals Swell

NextEra Energy (NEE.N), is conducting engineering studies and speaking with federal regulators about the possible restart of its Duane Arnold nuclear power plan…

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…

Nuclear Technology

Bangladesh / Reactor Assembly Complete For Country’s First Nuclear Unit

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

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…