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Oil & Gas Trade
2024-08-02
Shell Beats Forecasts With $6.3 Bln Second Quarter Profit
An exhibition booth of Shell is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsShell (SHEL.L), opens new tab reported second-quarter profit of
Renewable Energy
2024-08-01
Nordex Receives a New Order From Aquila Clean Energy for 141.6 MW of Wind Energy in Spain
Aquila Clean Energy has placed an order with the Nordex Group for the additional delivery of 24 N163/5.X wind turbines in Spain. In addition to the 21 wind turbines with a combined power of 124 MW ordered for the Baza wind farm group in June 2024, the Nor
Wind Turbine
2024-08-01
EIB Provide a €500MN Counter-Guarantee to Deutsche Bank Aimed at Boosting Europe’s Wind Turbine Manufacturing Industry
The European Investment Bank (EIB) has announced it will provide a €500mn counter-guarantee to Deutsche Bank aimed at boosting Europe’s wind turbine manufacturing industry. This announcement marks the first tranche activated under the E
Solar Power Plant
2024-08-01
Solar Could Win up to £185 Million in Largest Ever CFD Budget
The strike price for solar PV will increase 30% from £47 per megawatt hour (MWh) to £61/MWh. Image: Matt Austin.The government announced on 30 July that the budget for the sixth auction round (AR6) of the Contracts for Difference (CfD)
Nuclear Reactor
2024-07-31
Dismantling of Garigliano Reactor Vessel Progresses
The first phase of the dismantling of the reactor vessel at Italy's Garigliano nuclear power plant has been completed with the removal of contaminated metal components from the deflector, the upper part of the vessel.Societa Gestione Impianti Nucl
Offshore Wind Power
2024-07-31
Vestas Secures 795 MW Order for Oranjewind Offshore Wind Farm in the Netherlands
Vestas has received a firm order for wind turbines for the OranjeWind offshore wind farm, formerly Hollandse Kust West VII, in the Netherlands.Vestas will supply 53 V236-15.0 MW wind turbines and is responsible for the supply, delivery and commissioning o
Photovoltaic (PV)
2024-07-31
Spain Approves 28 GW and Grants Administrative Construction Authorisation for 283 Photovoltaic Wind Power and Hydro Plants
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has granted the Administrative Construction Authorisation (AAC) to 283 renewables energy projects totalling 28GW that had to obtain it before July 25, in accor
Hydropower Plant
2024-07-31
Acciona Energía Sells Hydro Portfolio in Spain to Elawan Energy
ACCIONA Energía announced today that it has reached an agreement with Elawan Energy, a subsidiary of ORIX Corporation, for the sale of 100% of Acciona Saltos de Agua, S.L. group (ASA) for €287 million. The transaction perimeter is debt
Offshore Wind Power
2024-07-31
Vestas Is Awarded a 49 MW Wind Energy Project in Germany
Vestas has received a 49 MW order from WindBauer GmbH for the Bartow Pfalz wind energy project in Mecklenburg-Vorpommern, Germany. Vestas will deliver six V162-7.2 MW and one V150-6.0 MW wind turbines, and the order includes the supply, delivery and commi
SMR
2024-07-31
Rolls-Royce Small Nuclear Reactor Design Clears Second UK Assessment
Rolls Royce’s small modular reactor design moved a step closer to fruition on Tuesday as the UK nuclear regulator said it had completed the second stage of its assessment of the technology.Britain’s new labour government has said small
Hydrogen Project
2024-07-31
BP to Construct 5 to 10 Green Hydrogen Projects This Decade, CEO Says
BP (BP.L), opens new tab aims to construct five to 10 low-carbon hydrogen projects this decade in order to produce clean fuels and reduce greenhouse emissions, CEO Murray Auchincloss said on Tuesday.The so-called green hydrogen, produced through electroly
Oil & Gas Trade
2024-07-31
BP Eyes 2029 Production Start-up for High-Pressure Kaskida Project in u.s. Gulf of Mexico
bp has taken a final investment decision on the Kaskida project in the U.S. Gulf of Mexico.Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 bopd from six wells
Energy Storage Project
2024-07-31
Construction Begins on e.on and Quinbrook’s 460MWH Welsh BESS
Construction is underway on a new battery energy storage system (BESS) project, set to be one of the UK’s largest.The project, located on the site of a former coal-fired power station in Uskmouth, South Wales, is a collaboration between major in
Offshore Wind Power
2024-07-30
Rwe, Saitec Expand Environmental Monitoring Efforts at Demosath Floating Wind Site
RWE and Saitec Offshore Technologies have teamed up to commission enhanced environmental monitoring studies at the DemoSATH floating offshore wind project off the Basque coast of Spain.The two companies have launched the DemoSATH Lab initiative to carry o
Offshore Wind Power
2024-07-30
Tennet Extends Collaboration With Intertek for North Sea Offshore Wind Grid Connections
UK-headquartered Intertek has been re-appointed by the Dutch-German transmission system operator (TSO), TenneT, to provide long-term client representation services in support of North Sea offshore wind grid connections.Intertek Metoc has been selected for
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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