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PowerGrid Technology

$474 Million for More Grid Resilience in USA

After Hurricane Helene and Hurricane Milton knocked out power for millions of Americans recently, grid resilience is top of mind. We need better grid resilience…

Electricity Trade

Spanish Renewables Industry Warns Of Threats To Investment

The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…

LNG

Exclusive: Blackstone In Talks To Buy US Pipeline Stakes From EQT For $3.5 Billion, Sources Say

Private equity firm Blackstone (BX.N), is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp (EQT.N), for ab…

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…

Tidal Energy

Inyanga Marine Energy Kicks Off Crowdfunding For Its Tidal Energy Technology

According to Inyanga Marine Energy, the crowdfunding round, launched in partnership with Crowdcube, offers investors a chance to support HydroWing, a fully inte…

United Kingdom

Thames Water Launches £3bn Emergency Fundraising Drive

Thames Water has launched a £3bn fundraising drive to help pay off some of the struggling utility’s large debt pile.The water company has just &poun…

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…

Solar Power Plant

BP Completes Takeover Of Solar Power JV Lightsource BP

British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…

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…

Offshore Wind Power

Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms

In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August…

Carbon Storage

‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …

Oil & Gas Trade

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…

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…

Canada

LG Energy, Stellantis Plant In Ontario Begins Battery Production

Korean battery maker LG Energy Solution (LGES) said Wednesday that its joint venture with multinational automaker Stellantis had begun producing battery modules…

Offshore Wind Power

Dutch Port Welcomes First Batch of Monopiles For RWE’s Thor Offshore Wind Project

Buss Terminal Eemshaven, part of the Hamburg-based terminal operator Buss Ports, provides storage space, heavy unloading equipment, and operators at the port wh…