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Renewable Energy
2023-07-31
Capital Energy to Sell $1 Billion Renewable Energy Portfolio, Sources Say
Power-generating windmill turbines are pictured at a wind park in the Serra da Capelada, near Ferrol, Galicia, Spain April 13, 2023. REUTERS/Nacho Doce/File PhotoSpanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio o
Offshore Wind Power
2023-07-30
Rte Issues Uxo Survey Services Call for Wind Projects Offshore France
French transmission system operator Réseau de Transport d’Electricité (RTE) has issued a contract notice seeking contractors to perform unexploded ordnance (UXO) survey for the connection of the AO6 Méditerran&am
Offshore Wind Power
2023-07-30
Vattenfall Has Stopped Development of Its 1.4 GW Norfolk Boreas Offshore Wind Project in the UK
The Norfolk Boreas project was awarded a 15-year Contract for Difference (CfD) in UK AR4 last year at £37.35/ MWh (real 2012) and positioned to take FID imminently. Management reasoned that due to supply chain constraints, cost inflation and hig
Natural Gas
2023-07-30
Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio
Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep drop in oil and gas prices compared to bumper profits from last year. The oil major made good
LNG
2023-07-30
BP and OMV Ink Long-Term LNG Supply Agreement
UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply of up to 1 million tonnes of LNG per year.Under the agreement, BP will provide OMV with LN
Oil & Gas Trade
2023-07-30
Sunak Backs New UK Oil and Gas Exploration
LONDON, July 29, 2023 (BSS/AFP) - Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be "pragmatic and proportionate" about achieving net zero in an interview published
Nuclear Power Plant (NPP)
2023-07-29
UK Government to Invest Us$219M Into Nuclear Power
This new nuclear power station would help deliver the government’s ambition for up to 24GW of the UK’s power to come from nuclear sources by 2050 – 4 times the current level," says Andrew Bowie, Nuclear and Networks Mini
Wind Turbine
2023-07-29
Vortex Bladeless Reinvents the Wind Energy Power Solution
Vortex's Atlantis Model. Credit | VortexSpanish energy company Vortex Bladeless is developing a new wind power generating technology without blades, gears or shafts, designed by CEO David YáñezWhat was once a niche developing
Wave Energy
2023-07-29
Sonar Technology Deployed at Tidal Energy Converter Research Project
Underwater active sonar technology described as groundbreaking has been successfully deployed on the Magallanes Renovables ATIR tidal energy converter as part of Menter Môn's Marine Characterisation Research Project (MCRP).The MCRP proje
Energy Storage Project
2023-07-29
'World's Largest' BESS Project Gets Approval
A multi-faceted clean tech project site, built out of an old coal power plant in the UK, will be home to what developers are calling the world’s largest battery energy storage system. (Image: Carlton Power)UK’s Carlton Power planning 1
Solar Panel
2023-07-29
Government Figures Show a 6.7% Increase in the Uk's Solar Capacity in Last Year
Solar technician installing rooftop PV. Image: Gustavo FringThe UK government has published solar PV deployment statistics which show a total of 15.2GW of solar capacity, an increase of 6.7% in the year since June 2022.The yearly increase is the highest s
Photovoltaic (PV)
2023-07-29
Irish IPP Power Capital Renewable Energy Secures €125 Million for 230MW of PV
The funding will go towards projects currently under construction. Image: Power Capital Renewable Energy.Irish solar independent power producer (IPP) Power Capital Renewable Energy (PCRE) has received €125 million (£107 million) in fund
Net Zero
2023-07-29
EU to Squeeze Carbon Market Cap in 2024 as New Climate Policies Kick In
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File PhotoBRUSSELS, July 28 (Reuters) - The European Union will shrink the supply added to its carbon market next year, as it
Wind Farm
2023-07-29
New Jersey Residents Challenge Orsted Offshore Wind Farm's $1 Billion Subsidy
Electric power transmission pylon miniatures and Orsted logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado RuvicNew Jersey residents have sued Danish renewable energy developer Orsted and the state over a tax break the company receiv
Nuclear Technology
2023-07-29
Zimbabwe and Ethiopia Sign Nuclear Energy Cooperation Agreements With Russia
Two more countries - Zimbabwe and Ethiopia - have signed agreements with Russia to cooperate on the peaceful use of nuclear technology on the sidelines of the Russia-Africa Economic and Humanitarian Forum, which has been taking place in St Petersburg.(Ima
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Norway’s First Floating Wind Tender Attracts Two Bids
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Changes in Senior Management of SPIC Finance Holding Co., Ltd.