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Energy Storage Project
2024-08-15
SUSI Partners to Fund Chile’s Battery Energy Storage Projects
SETF has a diversified portfolio across energy transition themes including clean energy generation and battery energy storage. Credit: SUSI Partners.Swiss investment firm SUSI Partners has announced an agreement to fund the development of a battery energy
Solar Module
2024-08-15
SEG Solar Opens 2GW PV Module Plant in Texas
The facility produces the latest high-efficiency N-type solar modules, with an annual capacity of 2GW. Credit: ES_SO/Shutterstock.com.SEG solar, a US photovoltaic (PV) manufacturer, has celebrated the inauguration of its 585W Yukon series module in Housto
Oil & Gas Supply
2024-08-15
US Plans to Slowly Replenish Strategic Petroleum Reserve Into 2025
A sign near the administrative offices and control room lists the current status of the Department of Energy's Bryan Mound Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo Purchase Licensing Righ
Offshore Wind Power
2024-08-15
Equinor, Dominion Win US Central Atlantic Offshore Wind Auction
Equinor's logo is seen at the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Purchase Licensing RightsNorway's Equinor (EQNR.OL), opens new tab and U.S. power company Dominion (D.N), o
Oil & Gas Trade
2024-08-15
Energy Producer Maverick’s Owner Explores Sale Valuing It at $3 Billion, Sources Say
A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsThe private equity owner of Maverick Natural Resources is exploring a potential sale
Oil & Gas Trade
2024-08-15
Development Plan For Exxon’s Seventh Project in Guyanaexpected in Q1 2025
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsA development plan for Guyana's seventh offshore oil
Nuclear Power Plant (NPP)
2024-08-14
First public comment period opened for BruceC impact assessment
The Impact Assessment Agency of Canada and the Canadian Nuclear Safety Commission (CNSC) are seeking public comments on Bruce Power's Initial Project Description (IPD) for a potential new nuclear power station at its existing site on the shores of
Biorefinery
2024-08-14
Construction expected to begin on 5 MW bioenergy plant in California
The Yuba Water Agency on Aug. 6 approved a $7 million grant and $8.3 million low-interest loan to support the construction of a 5-megawatt (MW) biomass power plant near Dobbins, California. The proposed plant is currently expected to be operational by 202
Offshore Wind Power
2024-08-14
50 monopiles in at coastal Virginia offshore wind site
The 50th monopile foundation has been installed at the Coastal Virginia Offshore Wind (CVOW) project site off Virginia Beach in the US, according to Dominion Energy.Coastal Virginia Offshore Wind (CVOW); Photo courtesy of Dominion EnergyThe developer said
Geothermal Power Plant
2024-08-14
Sage enters land use agreement to build first geopressured geothermal system
Pictured (left to right): Lev Ring, Sage; Tamás Csrefkó, Nabors; Cindy Taff, Sage; Siggi Meissner, Nabors. (source: Sage Geosystems)Sage Geosystems Inc. (Sage) has entered into a land use agreement with San Miguel Electric Cooperativ
Electricity Trade
2024-08-14
WSP signs agreement to acquire power engineers for $1.78BN
The integration of Power Engineers is expected to complement WSP’s existing core sectors. Credit: dongfang / Shutterstock.Global professional services firm WSP has agreed to acquire Power Engineers, a US-based consultancy in the power and energy
Hydropower Plant
2024-08-14
Brazil cuts hydro use as droughts continue impacting global hydro generation
According to Brazil’s National Water Agency, the current conditions are set to last until 30 November. Credit: Bloomberg/Contributor via Getty Images.Brazil switched off two of its largest hydroelectric power plants last week due to a severe dro
Oil Price
2024-08-14
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eastern war, which could curtail global oil supplies.Brent crude futures rose 30 cents to $80.99 a
Wind Turbine
2024-08-14
Vineyard wind allowed to resume limited offshore turbine installation
A power-generating windmill turbine is seen in this file photo. REUTERS/Yves Herman/ File Photo Purchase Licensing RightsVineyard Wind and GE Vernova (GEV.N), opens new tab on Tuesday said U.S. safety officials have allowed them to resume limited construc
Hydropower Plant
2024-08-13
Firstlight and burlington electric department sign agreement for hydroelectric power supply
FirstLight’s Shepaug Generating Station, located on the Housatonic River in both Newtown and Southbury, CTFirstLight, a company specializing in clean energy production and storage, has announced a power purchase agreement with Burlington Electri
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