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Carbon Storage
2023-05-19
20 Carbon Storage Licenses Offshore UK Offered to 12 Companies
The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round.Source: NSTAThe NSTA launched the UK’s first-ever carbon storage licensing roun
Electric Vehicles
2023-05-19
BMW i5 Image Leaked Ahead of Its Official Debut
BMW’s first electric 5 series sedan, the i5, is days away from making its global debut. Before its official release, a new image of the BMW i5 was leaked, and from the first look, the electric sedan is impressive.BMW i5 finally comes alive as ne
Carbon Emissions
2023-05-19
On Temperatures, Tides, Seaweed, and Supermarkets
The WMO's warning that the 1.5C warming threshold is set to be breached - at least temporarily - hits hard, but the lessons it contains should be obvious by nowYesterday's news from the WMO that the world is highly likely to experience 1.5
Hydrogen Production
2023-05-19
Companies Awarded 20 Licenses to Develop Carbon Storage Sites Under UK Seabed
North Sea Transition Authority hails 'huge net zero boost' as it awards first round of carbon storage licenses to a dozen firmsTwelve companies have been awarded 20 licenses to develop offshore carbon dioxide storage projects in UK waters,
Hydrogen Production
2023-05-19
FDE Makes Natural Hydrogen Discovery in the Lorraine Mining Basin
The discovery was recently announced by the France-based independent multi-energy producer.A company with a negative carbon footprint, La Française de l’Énergie (FDE) revealed that it has found significant concentrations of
Electric Vehicle Battery
2023-05-19
Material Flow Analysis Model: To Avoid a Battery Crisis, More of Us Should Share Small, Lightweight EVs
Most global scenarios and governmental targets for decarbonizing the transport sector consider battery-powered electric vehicles as a main part of the solution. Enormous amounts of raw materials are needed to build enough batteries and ensure a transition
Offshore Wind Power
2023-05-19
Ocean Winds Signs Bc-Wind Export Cable Design Deal
Ocean Winds has signed a contract with the Australian company Sea Global and its Polish subcontractor PGNiG Gazoprojekt to prepare design documentation and obtain a building permit for offshore export cables for the BC-Wind offshore wind farm in the Polis
Offshore Substation
2023-05-19
Tetraspar Shareholders Launch Floating Wind Innovation Challenge
The shareholders of the TetraSpar Demonstrator floating wind project, Shell, TEPCO Renewable Power, RWE, and Stiesdal Offshore have launched a global competition to accelerate the technical advancement of floating offshore wind.The aim of the competition,
Offshore Wind Power
2023-05-19
Corio and Daewoo E&C Join Forces Offshore South Korea
London-headquartered Corio Generation and Daewoo Engineering and Construction (Daewoo E&C) have signed a Memorandum of Understanding (MoU) to jointly develop offshore wind projects in South Korea.Under the MoU, Corio and Daewoo E&C have agreed to
Offshore Wind Power
2023-05-19
Photovoltaic and Wind Energy Are Unstoppable in Europe in 2023
Between January 1 and May 15, 2023, photovoltaic energy production records were registered in almost all main European electricity markets when compared to the production of this period of the previous five years. These records are the result of the incre
Offshore Wind Power
2023-05-19
Iberdrola Awards Windar the Transition Parts of the East Anglia 3 Offshore Wind Farm in the United Kingdom
Iberdrola has signed an agreement with Windar Renovables to build 95 transition pieces for the East Anglia Three offshore wind farm in UK waters. This is the largest order of this type of foundations to date and production will be carried out mainly at th
Geothermal Drilling
2023-05-19
North Tech Drilling Acquires New Drilling Rig to Support Expanded Geothermal Activities
Iceland-based North Tech Drilling has acquired a new, advanced drilling rig to support growing demand for drilling in the aquaculture and geothermal industries.
Oil & Gas Trade
2023-05-18
Kuwait’s Oil Company Seeks to Exit Norway
Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, industry sources said.Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank
Electric Vehicles
2023-05-18
Mercedes-Benz Announces van.EA Electric Architecture for Midsize and Large Vans
Mercedes-Benz announced that starting in 2026, all newly developed vans from Mercedes-Benz will be based on just one single innovative, modular and scalable architecture called VAN.EA, short for Van Electric Architecture. According to the electric-only st
Hydrogen Project
2023-05-18
Global Market Projected to Surpass $850 Billion by 2050
A groundbreaking study titled Global Hydrogen Market Forecast to 2050 released by Rethink Energy reveals astonishing projections for the green hydrogen market.The study estimates that by 2050, the market will be valued at an impressive $850 billion, with
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Indian renewable power firm Clean Max raises about $575 million
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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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Changes in Senior Management of SPIC Finance Holding Co., Ltd.
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Norway’s First Floating Wind Tender Attracts Two Bids