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America
Offshore Wind Power
2024-07-24
Vestas wins 136 MW wind power repowering order in US
Vestas has received an order for 136 MW to repower an undisclosed wind farm in the United States. The order consists of 62 V120-2.2 MW™ wind turbines.The order includes the supply, delivery and commissioning of the wind turbines, as well as a mu
Offshore Wind Power
2024-07-24
‘First-Of-Its-Kind’ Parametric Insurance Launched for Maine Wind Project
(Photo by Nicholas Doherty on Unsplash)kWh Analytics, a provider of climate insurance for zero-carbon assets, announced the close of a first-of-its-kind wind proxy hedge risk transfer product for a 59MW, 14-turbine wind project in Maine, developed by a Gr
Solar Power Plant
2024-07-24
Clearway Begins Construction on 200 MW Solar, 113.5 MW Storage Projects in California
Daggett Solar + Storage (Credit: Clearway Energy Group)Clearway Energy Group announced it closed more than $700 million in construction financing and has begun construction on two major energy projects in Fresno and San Bernardino counties in California.L
Renewable Energy
2024-07-24
Two US Senators Bring Forward Bill to Speed up Energy and Mining Approvals
Joe Manchin is currently serving as the Senior Senator from West Virginia. Credit: Andrew Cline via Shutterstock.Two US senators have finally introduced a long-awaited bill to the upper chamber that will speed up the permitting of projects related to powe
Crude Oil
2024-07-24
Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while
Oil & Gas Trade
2024-07-23
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million reais ($134m) for maintenance and maritime services in the Búzios field.The deal wi
SMR
2024-07-23
Korean, US Partnership to Study Maritime SMRs
The American Bureau of Shipping (ABS) and the Korea Ship & Offshore Plant Research Institute (KRISO) are collaborating to advance the commercialisation of small modular reactor-powered ships and floating SMR power generation platforms.Representatives
Uranium Project
2024-07-23
Centrus Receives Uranium Import Waiver
Centrus Energy has received a waiver from the US Department of Energy (DOE) allowing it to import low-enriched uranium from Russia for delivery to US customers in 2024 and 2025.Building domestic capacity: centrifuges at Centrus's HALEU demonstrati
Offshore Wind Power
2024-07-23
CPUC Proposes 7.6 GW of Offshore Wind Over the Next Decade
(Courtesy: Paul Langrock, offshorewindca.org)It’s no secret that massive renewable energy projects, especially offshore wind ventures, take some time to construct. With that in mind, the California Public Utilities Commission has proposed commit
Solar Panel
2024-07-23
More Than 1,300 Customers Enrolled in Duke Energy’s New Solar and Storage Incentive Program
(Photo by Joe DelNero /NREL)Duke Energy has enrolled more than 1,300 customers in North Carolina in its new PowerPair pilot, a one-time incentive-based program that offers up to $9,000 in incentives for residential customers who install a new solar plus b
LNG
2024-07-23
Freeport LNG in Texas Resumes Exports as Gas Processing Ramps Up
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Purchase Licensing RightsThe United States
Oil&Gas Drilling
2024-07-23
Equinor Picks Valaris for $500 Million Drilling in Brazil
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsEquinor (EQNR.OL), o
Oil & Gas Trade
2024-07-23
BP, PDVSA Rush to Complete Gas Deal Before Venezuela Election
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsBritish oil and gas
Oil Pipeline
2024-07-23
Canada’s Trans Mountain Pipeline Weighs Debt Deal Ahead of Potential Sale, Bloomberg News Reports
A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo Purchase Lic
Carbon Emissions
2024-07-23
Biden Administration Announces $4.3 Billion in Climate Grants
U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. REUTERS/Tom Brenner/File Photo Purchase Licensing RightsThe Biden administration on Monday announced 25 projects pitched by 30 different st
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio
