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Energy Storage Project
EDP Renewables Acquires 50MW Bess Asset in Kent
EDP ventured into the EU solar market in 2021. Image: Pixabay.Wind and solar producer EDP Renewables (EDPR) will install its first standalone battery energy sto…
Offshore Wind Power
Acciona Energía Closed the First Half of 2023 With a Net Income of €405 Million (+3.9%).
ACCIONA Energía closed the first half of 2023 with a net income of €405 million (+3.9%). During the period, the company doubled its net investment c…
Solar Panel
Portuguese Solar Developer Gets $275 Million From EIG to Boost Capacity
Portugal' solar project developer Prosolia Energy said on Thursday it had received 250 million euros ($274.70 million) in financing from U.S.-based fund EIG…
Renewable Energy
Italy Eyes 19 Billion Euros in Energy Investments as It Reviews Post-covid Plan
Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids …
Natural Gas
TC Energy to Spin off Oil Pipeline Business, Focus on Natural Gas
TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/IllustrationNorth American pipeline company TC…
Wind Farm
US Moves to Link More Wind and Solar Projects to Electric Grid
Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022. REUTERS/Brian Snyder/File PhotoU.S. regulators on Thursday approved…
Energy Storage Project
First Solar Plans $1.1 Billion Investment in Fifth U.S. Panel Factory
An overview of solar panel manufacturing is seen at First Solar in Perrysburg, Ohio July 8, 2022. REUTERS/Megan JelingerFirst Solar Inc (FSLR.O) on Thursday ann…
Electricity Transmission
Scorching Heat Stresses Us Power Grids, Prices Soar
A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare…
Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Electric Vehicle Charging
Porsche Opens First Charging Lounge
Porsche is planning to set up its own fast-charging stations offering a premium charging experience along Europe’s most important routes. As a pilot site,…
Oil&Gas Drilling
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 o…
Hydrogen Fuel Cell
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 f…
Wind Farm
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 co…
Energy Storage Project
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 s…
Solar project
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 photov…
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