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Offshore Wind Power
2024-03-01
RWE and Masdar Join Forces to Develop 3 Gigawatts of Offshore Wind Projects off the UK Coast
RWE and Masdar, the UAE’s clean energy powerhouse, have successfully closed their transaction announced at COP28 in Dubai last December, with Masdar now holding a 49% stake in the UK Dogger Bank South (DBS) projects. The partners will now jointl
Geothermal Power Plant
2024-03-01
Funding Approved for Large-Scale Geothermal Survey in Munich, Germany
View over Munich, Germany (source: Praxisforum Geothermie.Bayern/ Enerchange)Germany’s Federal Ministry for Economic Affairs and Climate Protection (BMWK) has approved the funding for the GIGA-M research project – a large-scale seismic
Energy Storage Project
2024-03-01
Masdar Arlington, RPC Progress 112MW of BESS Projects in the UK
A render of a battery storage project from Masdar Arlington Energy. Image: Masdar Arlington Energy.The UK’s battery energy storage systems (BESS) pipeline received a boost this week when Masdar Arlington Energy confirmed it had begun constructio
Oil & Gas Trade
2024-03-01
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), opens new tab from Abu Dhabi sovereign wealth fund Mubadala Investment Company.The financial terms
Offshore Wind Power
2024-03-01
New York Awards Offshore Wind Contracts to Equinor, Orsted
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Purchase Licensing RightsNew York officials on Thursday awarded conditional contracts to buy electricity from two proposed
Coal Production
2024-03-01
New US Sanctions More Likely to Curb Indian Imports of Russian Coal, Traders Say
A wagon is loaded with coal at Borodinsky open-pit mine, owned by the Siberian Coal Energy Company (SUEK), near the Siberian town of Borodino near Krasnoyarsk, Russia September 28, 2023. REUTERS/Alexander Manzyuk/File Photo Purchase Licensing RightsNew U.
LNG
2024-02-29
Totalenergies Inks 16-Year LNG Supply Deal with Sembcorp
French energy major TotalEnergies and Sembcorp Fuels, a wholly-owned subsidiary of Singapore-based Sembcorp Industries, have signed a sale and purchase agreement (SPA) for the long-term LNG delivery to Sembcorp.Illustration; Source: TotalEnergiesSpecifica
Electric Vehicle Battery
2024-02-29
Ecobat to Recycle EV Batteries for Volkswagen Group UK
Volkswagen Group United Kingdom Ltd. (VWG UK) has signed an agreement with Ecobat to collect and recycle electric vehicle (EV) batteries. Ecobat has a relationship with VWG UK dating back to 2014 when it started collecting lead acid batteries for TPS, the
Hydropower Plant
2024-02-29
Ukrhydroenergo Secures €200 Million Financial Support From Ebrd and Government of Italy
Ukrhydroenergo has secured a €100 million loan from the European Bank for Reconstruction and Development (EBRD), and a parallel concessional loan of €100 million from Italy, to support the recovery and maintenance needs of the company&am
Nuclear Decommissioning
2024-02-29
UK Research Reactor Fully Decommissioned
The Imperial College Reactor Centre in Ascot, England, has become the first reactor site to be fully decommissioned in the UK under modern regulatory controls, the country's Office for Nuclear Regulation has announced.The rehabilitated site of the
Renewable Energy
2024-02-29
EDP Renewables Year-End With 16.6 GW of Installed Renewable Capacity, an Increase of 12% Compared to Year-End 2022
The company has added 2.5 GW of renewable capacity throughout 2023, close to 1.5 GW of which corresponds to solar utily-scale projects, in line with the targets set out in its 2023-2026 business plan.The commissioning of hybrid projects in Portugal, Polan
Offshore Wind Power
2024-02-29
Germany Launches 5.5 GW Offshore Wind Tender
Germany’s Federal Network Agency has launched an offshore wind tender comprising a total of 5,500 MW in three areas in the North Sea.The three sites are located about 110 kilometers northwest of Borkum, on the edge of the border with the Dutch e
Geothermal Power Project
2024-02-29
LIAG Publishes Traffic Light Map for Geothermal Probes in Germany
The first overview map based on the traffic light system in GeotIS shows potential for geothermal probes in Mecklenburg-Vorpommern, Germany (source: LIAG)future.The Leibniz Institute for Applied Geophysics (LIAG) has published a new traffic light map for
Solar Power Plant
2024-02-29
AIB to Source 80% of Its Electricity From Solar Energy
AIB Group announces use of 21.4GWh solar farms for renewable electricity demand. Image: AIB.The Allied Irish Banks (AIB) Group has announced it will purchase renewable energy from a purpose-built solar farm in County Wexford.The solar facility based in Go
Solar Power Plant
2024-02-29
Lithuanian Ignitis Renewables to invest in Latvia's solar energy
The renewable energy company Ignitis Renewables, part of the Lithuanian energy group Ignitis Group, will invest some EUR 178 million in the creation of a solar portfolio in Latvia, the company representatives told LETA February 20The construction of three
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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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Changes in Senior Management of SPIC Finance Holding Co., Ltd.
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Naturgy to Invest Over €300 Million in Nuevo Leon