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Oil & Gas Trade
2024-08-24
Canada’s Gran Tierra Energy to Acquire British Oil, Gas Producer I3 Energy for $225 Million
Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million.The transaction, which will be executed through a court-sanctioned scheme, involves Gran Tierra offering 10.43 pence in cash per i3 Energy shar
Wind Turbine
2024-08-24
GE Vernova Falls After Turbine Blade Failure at Offshore UK Wind Farm
GE Vernova's (GEV.N), opens new tab shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was rep
Nuclear Equipment
2024-08-23
Turbine Modification Stops Tremors at Temelin NPP
Czech state-owned power company, ČEZ, says a small modification of the turbine at unit 2 of the Temelin NPP has proved its worth and the power engineers now plan a similar modification for unit 1.A small adjustment of the turbine bearing means that tremor
Nuclear Power Plant (NPP)
2024-08-23
Site Preparation Begins for Smolensk-II
Vertical planning has begun at the site allocated for the construction of Russia’s Smolensk-II NPP. One of the main tasks of the preparatory work will be undertaken by JSC Concern Titan-2 (Rosatom’s Electric Energy Division), which is
Offshore Wind Power
2024-08-23
Finland Unveils 17-Point Action Plan to Promote Offshore Wind
On 20 August, Finland’s Ministry of Economic Affairs and Employment published an action plan focused on advancing the offshore wind industry in the country. The plan outlines 17 proposals, emphasizing that the development of offshore wind farms
Offshore Substation
2024-08-23
French TSO Awards Multi-Billion-Euro Contract for Three Offshore Grid Connections
French transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has awarded a contract to a consortium comprising Hitachi Energy and Chantiers de l’Atlantique for the onshore converter stations a
Offshore Substation
2024-08-23
Hornsea 3 Offshore Substation Jackets Start Taking Shape
Heerema has commenced the construction of offshore substation jackets for the 2.9 GW Hornsea 3 wind farm in the UK, kicking off with a steel-cutting ceremony.Source: Heerema Fabrication Group via LinkedInOn 20 August, the company held the first steel-cutt
Offshore Wind Power
2024-08-23
EDP Puts Its Third Hybrid Wind and Photovoltaic Energy Project Into Operation in Spain
EDP Renováveis exceeded 100 megawatts (MW) of installed capacity in hybrid wind and solar photovoltaic energy projects in the Spanish market, having other similar projects in other geographies, including Portugal.EDP ??Renováveis ??h
Energy Storage Technology
2024-08-23
Norway Inaugurates Europe’s First LFP Gigafactory
Norwegian battery cell producer Morrow Batteries has opened Europe’s first lithium iron phosphate (LFP) gigafactory with an annual production capacity of 1 GWh to supply the ever-growing European battery energy storage market.On Aug. 16, Norwegi
Solar Power Plant
2024-08-23
Israeli Developer Secures €110 Million for Solar Plants in Romania
Israeli renewables company Nofar Energy has secured €110 million of financing to build and operate two solar power plants in southeastern Romania.The funds come from the EBRD and Vienna-based Raiffeisen Bank International. EBRD is providing a loa
Electricity Transmission
2024-08-23
Scotland Approves SSEN Transmission’s 275KV Overhead Line Project
The investment is expected to support thousands of jobs and substantially benefit both local and national economies. Credit: SSEN Transmission.SSEN Transmission has received approval from Scottish ministers for the upgrade of its Creag Dhubh-Dalmally over
Renewable Energy
2024-08-23
Qair Acquires Majority Stake in British Renewable Energy Company GSC
GSC is a UK-based developer specialising in onshore wind, solar and storage projects. Credit: Piyaset / Shutterstock.Independent European renewable energy company Qair has acquired a majority stake in Green Switch Capital (GSC), a UK-based renewable energ
Offshore Wind Power
2024-08-23
High Costs Delay Denmark’s North Sea Energy Island for Second Time
The artificial island was designed as a hub for collecting and distributing electricity generated by offshore wind turbines. Credit: Dragancfm via Shutterstock.Denmark has been forced to delay the construction of its planned North Sea Energy Island by at
Nuclear Power Plant (NPP)
2024-08-23
Slovak PM FICO to Discuss New Nuclear Plant With South Korea - Tasr
Slovak Prime Minister Robert Fico addresses the nation for the first time after the shooting, before the EU Parliamentary Election, in Bratislava, Slovakia, in this screengrab taken from a social media video released on June 5, 2024. Robert Fico via Faceb
SAF
2024-08-23
China’s Zhejiang Jiaao Signs Sustainable Aviation Fuel Deal with BP
An aeroplane flies past the setting sun near Hongqiao International Airport in Shanghai, China, April 13, 2016. REUTERS/Aly Song/ File Photo Purchase Licensing RightsChinese biofuel company Zhejiang Jiaao (603822.SS), opens new tab has signed an investmen
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Indian renewable power firm Clean Max raises about $575 million
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Naturgy to Invest Over €300 Million in Nuevo Leon
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Norway’s First Floating Wind Tender Attracts Two Bids