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Hydropower Plant
Acciona Energía Sells 801mw Of Hydropower Assets In Spain
ACCIONA Energía has recently finalized two major transactions, divesting a total of 801MW of hydropower assets in Spain for over €1.29 billion as pa…
Oil Price
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…
Offshore Wind Power
New Massachusetts Bill Extends Offshore Wind Contracts to 30 Years, Heads to Governor’s Desk
The Massachusetts State Legislature has passed a clean energy bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would…
Coal Technology
US Raises Import Tariff for Nippon Steel After Review
The US Commerce Department has ratcheted up tariffs on Nippon Steel Corp. just as the Japanese steelmaker made an anti-import promise to gain support for its $1…
Solar Technology
Lowest Cost of Heat for Modular Sodium CSP? A “Billboard” Solar Receiver With a “Cartesian” Heliostat Layout
High-temperature liquid sodium receivers able to run at over 700°C may allow use of modular multi-tower system configurations similar to that being develope…
Energy Investment
Octopus Exceeds $2bn Offshore Wind Investment in Just Two Years
Octopus Energy has surpassed $2 billion in offshore wind investments in two years, aiming to accelerate global offshore wind developmentsOctopus Energy has anno…
Solar project
Chinese PV Industry Brief: Tongwei Starts Due Diligence on Bid for Runergy
Tongwei has initiated due diligence on its CNY 5 billion ($691.8 million) bid to acquire Chinese solar maker Runergy, aiming to secure at least 51% of its equit…
Energy Investment
The EU Wind Power Gets €5 Billion EIB Investment Support
The European Investment Bank (EIB) is starting a €5 billion program to help European companies that make wind energy equipment by giving Deutsche Bank AG i…
Photovoltaic (PV)
Adani Group to Invest $10 Billion in US Energy, Infrastructure Projects
Gautam Adani, Chairman of the Adani GroupAdani Group chairman Gautam Adani said this week the Group will invest $10 billion in US energy security and infrastruc…
Solar Inverter
SMA Reports Weak Financials, Lowers 2024 Outlook
SMA headquarters in Niestetal, GermanyGerman inverter maker SMA says it has recorded €1.06 billion ($1.12 billion) of revenue for the first nine months of …
Nuclear Technology
US Development Bank Considers Investing In Polish Plant
The US International Development Finance Corporation has signed a letter of interest with Polskie Elektrownie Jądrowe to provide more than PLN4 billion (USD980…
Oil & Gas Trade
Coterra To Buy Permian Shale Assets In $4 Billion Deal
Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billi…
Electric Vehicle Battery
Rivian and VW Finalize Electrical Architecture and Software JV; VW UPS Investment to $5.8B
Rivian and Volkswagen have finalized their joint venture, Rivian and Volkswagen Group Technologies. VW will invest up to $5.8 billion by 2027, 16% more than the…
Wave Energy
Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding.Holders of more than…
Oil & Gas Trade
Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…
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