Europe

Electric Vehicles
2023-07-27

Volkswagen Group Investing $700M in Xpeng for 5% Stake, VW EV Development; Audi Jointly Developing EVs With SAIC
The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC.The VW brand has concluded a technological framework agreement with XPENG. The initial stage of
Oil&Gas Drilling
2023-07-27

Totalenergies Begins Drilling at Tilenga Oil Project in Uganda
TotalEnergies is the operator of the project. Credit: HJBC via Shutterstock.French energy major TotalEnergies has commenced commercial drilling at the Tilenga oil project in Uganda, reported Reuters.The project is situated in the Buliisa and Nwoya distric
Renewable Energy
2023-07-27

Ireland Must Accelerate Renewables Expansion to Avoid Falling Short on Climate Targets
Analysis conducted by Cornwall Insight has unveiled that Ireland must significantly increase its renewable’s procurement efforts if it is to meet its ambitious Climate Action Plan 2023 (CAP23) targets.Cornwall Insight’s All-Island forw
Nuclear Technology
2023-07-27

Rosatom Presents Innovative Developments in Nuclear Fuel at International Topfuel Conference in China
Russian experts have participated in the international scientific and technical conference TopFuel 2023 held in Xian, China. The event was dedicated to the development and operation of nuclear fuel for pressurised water reactors (PWR), boiling water react
Hydrogen Fuel Cell
2023-07-27

Germany Creates Plan For Using Hydrogen Fuel in Heating and Mobility
The European country has updated its green energy strategy to support decarbonization.The German government has been actively seeking new ways to use hydrogen fuel as a way to decarbonize many of its industries, having already made deals with a number of
Offshore Wind Power
2023-07-27

Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany
Abu Dhabi-based Masdar has signed a strategic partnership with Iberdrola to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea.IberdrolaAccording to the terms of the deal, the Baltic Eagle wind farm is valued at approximately
Offshore Wind Power
2023-07-27

DEME Installs Vineyard Wind 1 Offshore Substation, First in US
DEME’s specialised floating installation vessel Orion has installed the offshore substation for the 800 MW Vineyard Wind 1 wind farm, a first in the US, said the Belgium-based company.With a weight of more than 3,500 tonnes, this was the single
Wind Farm
2023-07-27

Masdar Joins Iberdrola to Co-invest in the Baltic Eagle Wind Farm in Germany
The Baltic Eagle offshore wind farm, which has a capacity of 476 MW, is valued at €1.6 billion according to the terms of the dealIberdrola reaffirms its commitment to offshore wind leadership, with 3,000 MW of projects under construction or secur
Energy Storage Project
2023-07-27

EDP Renewables Secures Its First Stand-Alone Battery Storage Project in Europe
Acquired from Tupa Energy, the project will provide 2 hours of storage capacity and will contribute with 50 MW of capacity;With this project, the company will support the grid resilience by providing stability and reliability and will allow for an increas
Solar project
2023-07-27

The EIB Grants a Loan of 575 Million Euros to Repsol for Wind and Solar Energy in Spain
The financing signed today amounts to 400 million euros and is the first tranche of the total approved loan, which will be used to finance wind farms and photovoltaic plants with a total capacity of 1.1 GW. It contributes to the goal of the REPowerEU plan
Liquid Hydrogen
2023-07-27

GTT Wins Classnk's Approval for New Liquefied Hydrogen Tank Concept
French company GTT has obtained Approval in Principle (AiP) from Japanese classification society ClassNK for a new concept of membrane type containment system for liquid hydrogen (LH2).Courtesy of GTTAs explained, GTT’s scalable containment syst
LNG
2023-07-27

Klaipeda Lng Terminal Assigns 6 Twh Regasification Capacity for 2024
Following the conclusion of the annual Klaipeda LNG terminal capacity allocation procedure by the Lithuanian LNG terminal operator Klaipedos Nafta (KN), the terminal’s 6 terawatt-hour (TWh) regasification capacity for the 2024 terminal gas year
Hydropower Plant
2023-07-27

Drax Given Greenlight for £500 Million Underground Pumped Storage Hydro Facility
This project could bring the overall capacity of the site to over 1GW. Image: Drax.Renewable energy company Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland.The project will be located at the
Energy Storage Project
2023-07-27

Energy Storage Firm Nhoa Considers Partnership for EV Charging Unit
Energy storage and e-mobility firm Nhoa (NHOA.PA) is considering teaming up with a partner to develop Atlante, its fast-charging network for electric vehicles (EV) in southern Europe, the Milan-based group said on Wednesday.Launched in 2021, Atlante plans
Net Zero
2023-07-27

Global Standards Launched to Boost $2 Bln Voluntary Carbon Market
General view of smoke coming from a chimney of an energy plant in Dublin, Ireland, September 24, 2018. REUTERS/Clodagh Kilcoyne/File PhotoLONDON, July 27 (Reuters) - A global initiative designed to grow the $2 billion market for carbon offsets outlined cr

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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Europe

Volkswagen Group Investing $700M in Xpeng for 5% Stake, VW EV Development; Audi Jointly Developing EVs With SAIC

Totalenergies Begins Drilling at Tilenga Oil Project in Uganda

Ireland Must Accelerate Renewables Expansion to Avoid Falling Short on Climate Targets

Rosatom Presents Innovative Developments in Nuclear Fuel at International Topfuel Conference in China

Germany Creates Plan For Using Hydrogen Fuel in Heating and Mobility

Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany

DEME Installs Vineyard Wind 1 Offshore Substation, First in US

Masdar Joins Iberdrola to Co-invest in the Baltic Eagle Wind Farm in Germany

EDP Renewables Secures Its First Stand-Alone Battery Storage Project in Europe

The EIB Grants a Loan of 575 Million Euros to Repsol for Wind and Solar Energy in Spain

GTT Wins Classnk's Approval for New Liquefied Hydrogen Tank Concept

Klaipeda Lng Terminal Assigns 6 Twh Regasification Capacity for 2024

Drax Given Greenlight for £500 Million Underground Pumped Storage Hydro Facility

Energy Storage Firm Nhoa Considers Partnership for EV Charging Unit

Global Standards Launched to Boost $2 Bln Voluntary Carbon Market

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Indian renewable power firm Clean Max raises about $575 million

Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism

Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications

Norway’s First Floating Wind Tender Attracts Two Bids

Changes in Senior Management of SPIC Finance Holding Co., Ltd.