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Electricity Transmission
2024-08-08
Enel Wins 11.5 GW in Italy’s Capacity Market Auction for 2025
A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo Purchase Licensing RightsItaly's biggest utility Enel (ENEI.MI), opens new
Solar Technology
2024-08-07
Constant Energy Rises to Top 3% in Ecovadis Global Sustainability Rating With Gold Medal Achievement
Constant Energy announces it has once again achieved the prestigious Gold Medal rating in its EcoVadis sustainability score.With an enhanced score of 77/100, a notable increase from last year, Constant Energy is positioned in the top 3% of the best-perfor
Offshore Wind Power
2024-08-07
Ørsted Launches World’s First Heavy-Lift Cargo Drone Operations at Borssele 1&2 Offshore Wind Farm
Ørsted, the global leader in offshore wind, is deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2 Offshore Wind Farm. This pioneering move marks a significant leap forward in operation
Renewable Energy
2024-08-07
PPC Signs Agreement to Acquire Evryo Group’s 629 MW Renewable Energy Portfolio in Romania
PPC announces that it has entered into a binding agreement with Evryo Group to acquire their renewable energy generation portfolio in Romania, which comprises 629 MW RES in operation, and about 145 MW in pipeline assets. The agreement has a total enterpri
Floating Offshore Wind
2024-08-07
SHI Signs Exclusive Supply Deal with Equinor for Floating Wind Project
South Korean company Samsung Heavy Industries (SHI) has signed an exclusive supplier agreement with Norwegian energy giant Equinor for the construction of floating substructures for wind power facilities.Under the agreement, SHI will also be integrating t
Renewable Energy
2024-08-07
Shell to Invest $15B in Hydrogen and Green Energy by 2025
Shell’s Ambitious Green Energy Investment StrategyShell has announced plans to invest between $10 and $15 billion from 2023 to 2025 to develop low-carbon energy solutions. This investment highlights Shell’s strategy to transition to a
SAF
2024-08-07
Gunvor Joins Varo to Jointly Develop Large-Scale SAF Manufacturing Facility
Gunvor Group will join VARO Energy in building a large-scale SAF manufacturing facility at the Gunvor Energy Rotterdam site through a proposed joint venture.Since VARO announced on Sept. 7, 2023 its intention to build a large scale SAF facility as a sole
Wind Turbine
2024-08-07
Siemens Gamesa’s UK Blade Factory Workers Secure Pay Deal, Drop Strike Plan
An industrial action of Siemens Gamesa’s employees in the company’s Hull offshore wind blade factory has been called off as the UK union Unite secured a pay rise worth 8.4 per cent.On 12 July, Unite said around 300 Siemens Gamesa wind
Photovoltaic (PV)
2024-08-07
EIB Signs €50 Million Green Loan With Matrix Renewables to Deploy 5 New Solar Photovoltaic Plants in Spain
EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in SpainThe loan will support the design, construction, and operation of 5 new solar photovoltaic plants with an installed capacity of 240 MW in the
Renewable Energy
2024-08-07
Ireland, NI Set to Miss 2030 Renewables Targets
Ireland and Northern Ireland’s ambitious goals of generating 80% of their electricity from renewable sources by the end of this decade, will be delayed until at least 2032, says Cornwall Insight.The data included in the Single Electricity Market
Energy Storage Project
2024-08-07
Shell to Trade 100MW UK Battery
Shell has entered into a trading agreement for a 100MW battery in Hampshire, England, under construction by BW ESS and Penso Power.The seven-year fixed-price tolling agreement secures revenues for the 100MW/330MWh Bramley battery energy storage system (BE
Wave Energy
2024-08-07
Eco Wave Power Kicks off First Mw-Scale Wave Energy Project in Portugal
Inna Braverman during the site visit to the underwater gallery, which will be used for the installation of wave energy conversion units. Image courtesy Eco Wave Power.Wave energy company Eco Wave Power has kicked off the first MW-scale wave energy project
Offshore Wind Power
2024-08-07
Tokyo Gas to Buy 21% Stake in Portugal’s Floating Offshore Wind Farm
Japan's largest city gas provider Tokyo Gas (9531.T), opens new tab said on Tuesday it will buy a 21.2% stake in the WindFloat Atlantic operational floating offshore wind power project in Portugal to gain experience in operation and maintenance.Fl
Oil & Gas Trade
2024-08-07
Totalenergies to Sell 50% Stake in Pakistan Oil Marketing Firm to Gunvor Group
An employee of Total Parco gas station holding a nozzle as he prepares to fill fuel in a vehicle in Karachi, Pakistan April 2, 2019. REUTERS/Akhtar Soomro/File Photo Purchase Licensing RightsFrench oil major TotalEnergies (TTEF.PA), opens new tab has agre
Renewable Energy
2024-08-07
RWE Agrees Green Power Supply Contract With Steelmaker Salzgitter
The logo of the German power supplier RWE is pictured at the RWE headquarters in Essen, Germany, November 15, 2021. REUTERS/Thilo Schmuelgen/ File Photo Purchase Licensing RightsGerman utility RWE's (RWEG.DE), opens new tab trading arm and steelma
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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