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Offshore Wind Power
2024-01-09
Iberdrola, World Bank Eyeing Offshore Wind, Green Hydrogen Projects in Emerging Markets
Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including
Renewable Energy
2024-01-09
Germany's Landmark Year for Clean Power Production Masks Drop in Generation
Power-generating windmill turbines and power lines are seen in a snow-covered wind park in Krauschwitz, Germany, December 4, 2023. REUTERS/Fabrizio Bensch/File photo Acquire Licensing RightsA record 56% of Germany's electricity was produced from c
Carbon Neutrality
2024-01-09
Swiss, Thai Groups Close First Sale of Paris Agreement Carbon Offsets
Green lights are projected at the Angel of Independence monument in support in the Paris Climate Agreement, after U.S. President Donald Trump announced his decision that the United States will withdraw from the Paris Agreement in Mexico City, Mexico June
Hydropower Plant
2024-01-09
Norway's Statkraft to Invest up to $6.6 Bln in Hydro, Wind Power
Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.The plans would double Stat
Electric Vehicles
2024-01-09
Northvolt Gains EU Nod for $986 Mln German Aid to Build EV Battery Plant
General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm/File Photo Acquire Licensing RightsSwedish lithium-ion battery producer Northvolt on Monday secured EU approval
Oil Field
2024-01-09
Dutch Government to Turn On 'Pilot Light' Output at Groningen Gas Field
The Dutch government said on Monday it would turn on the "pilot light" - meaning minimal production - at two stations in the Groningen gas field due to impending cold temperatures in the Netherlands.The government said in June it would end produ
Hydropower Plant
2024-01-09
France Seeks to Settle Its Hydroelectric Dispute With the EU
France is drafting a law to reform the country's hydroelectric infrastructure to try to resolve a long-standing dispute with the European Union and allow investment in new capacity, the office of Energy Minister Agnès Pannier-Runacher s
Oil & Gas Trade
2024-01-09
Shell Flags Q4 Writedown of up to $4.5 Billion, Mainly on Singapore Assets
General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo Acquire Licensing RightsShell (SHEL.L) on Monday flagged impairment charges of up to $4.5 billion for the fourth quarter, mainly rela
LNG
2024-01-09
Shell Signs 20-Year Purchase Deal With Canadian Ksi Lisims LNG Project
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. Picture taken November 13, 2017. REUTERS/Issei Kato/File Photo Acquire Licensing RightsGlobal gas giant Shell (SHEL.L) has ag
Photovoltaic (PV)
2024-01-08
GreenIT and Galileo Sign Agreement on Eight Solar PV Projects in Italy
GreenIT continues its growth in renewable energy with an additional 140 MW portfolio of new solar photovoltaic plants developed by GalileoThe projects will be built in three regions in Southern, Central and Northern Italy. Once in operation, they will be
Oil&Gas Drilling
2024-01-08
Aker Puts Subsea Oil & Gas Tech to Work for Offshore Wind
Norwegian offshore technology company Aker Solutions is working with Norway's Marine Energy Test Centre to try out a new way to set up the power collection and transfer grid for offshore wind farms - specifically for floating installations, which
Coal Trade
2024-01-08
Emissions Reach Lowest Level in 70 Years Due to Sharp Decline in Coal Use in Germany
Coal-fired power plant in Lünen, Germany. (Image by Daniel Grothe, Flickr.)An unexpectedly sharp decline in coal use led to a reduction in Germany’s CO₂ emissions in 2023, reaching their lowest level in 70 years, according to a recent r
Nuclear Power Plant (NPP)
2024-01-08
Sweden Appoints National Nuclear Power Coordinator
Swedish Energy & Industry Minister Ebba Busch has announced the appointment of Carl Berglöf as national nuclear power coordinator as the country embarks on a programme to expand its nuclear generating capacity. He will support the government
Nuclear Equipment
2024-01-08
Nuclear Icebreakers Help Northern Sea Route to Record Year
A new record for cargo transported via Russia's Northern Sea Route was set in 2023 with existing nuclear icebreakers providing more than 730 vessel support services. Work continues to progress on two more nuclear-powered icebreakers.(Image: Rosato
Nuclear Equipment
2024-01-08
Nuclearelectrica Gets EIB Funding for Tritium Removal Facility
Romania's Nuclearelectrica has secured a loan agreement of EUR145 million (USD159 million) with the European Investment Bank (EIB) towards the completion of what will be Europe's first Tritium Removal Facility, at the Cernavoda nuclear pow
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
2
Indian renewable power firm Clean Max raises about $575 million
3
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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Changes in Senior Management of SPIC Finance Holding Co., Ltd.
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Norway’s First Floating Wind Tender Attracts Two Bids