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SMR
Edison Eyes SMR Deployment in Italy
A rendering of a Nuward SMR plant (Image: Nuward)The company, which is celebrating its 140th anniversary, said it aims to double EBITDA to a range between EUR2.…
Oil & Gas Trade
Exxon Mobil Reportedly Nearing $60B Megadeal to Buy Pioneer Natural Resources
Exxon Mobil Corp. is reportedly on the brink of securing a purchase deal with Pioneer Natural Resources Co. an acquisition that could be worth approximately $60…
Nuclear Reactor
Swedish Nuclear: Government Moves to Change Law
A bill to amend Sweden's legislation on nuclear power has been introduced by the country's government in parliament. It aims to remove the current law l…
Solar Panel
Italy's Vexuvo to Invest 1.5 Billion Euros in Solar Panel Sites
Italian renewable energy producer vexuvo will invest 1.5 billion euros ($1.6 billion) on solar panels sites in the next three years as it aims to generate earni…
Energy Storage Project
Verkor Secures More Than €2B to Launch Battery Gigafactory in France
Verkor, which in April entered a long-term commercial partnership with Renault to supply the equivalent of 12 GWh of batteries each year (earlier post), recentl…
Offshore Wind Power
OX2 Sells 115 MW Wind Farm åNglarna in Sweden for 2.7 Billion Sek
OX2 has sold the 115 MW wind farm Ånglarna in Sweden to a European utility for 2.7 billion SEK*. The sale will be recorded in the third quarter.The Å…
Oil Price
U.S. Natural Gas Prices Slip From Seven-Week High
Benchmark U.S. natural gas prices fell by 2% early on Friday.Thursday’s weekly gas storage report from the EIA was slightly on the bearish side, as net in…
LNG
Qatarenergy, Korea's HHI Sign $3.9 Billion Deal for 17 LNG Carriers
QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries (329180.KS) for the South Korean firm to …
Spain
European Commissioninvesteu: Up to €1.7 Billion Financing From the European Investment Bank to Construct New Solar Power Plants in Spain, Italy and Portugal
The European Investment Bank has approved framework financing of up to €1.7 billion for Solaria to support the construction of some 120 photovoltaic power …
Offshore Wind Power
US Needs USD 36 Billion Investment in Offshore Wind Port Development – Report
The US will need around USD 36 billion (around EUR 34 billion) over the next decade to meet the nation’s offshore wind port infrastructure gap, according …
Geothermal Drilling
EDC Earmarks USD 1 Billion for Geothermal Expansion Efforts
Bacon-Manito geothermal power plant, Philippines (source: EDC)Philippine-based geothermal developer Energy Development Corporation (EDC) has announced that the …
Power Construction
ISA Cteep to Invest $3 Bln in Brazil Power Transmission Projects by 2028
Brazilian power company ISA Cteep (TRPL4.SA) is set to invest more than 15 billion reais ($3 billion) in electricity transmission projects in the country by 202…
Hydrogen Fuel Vehicle
California Lawmakers Reach $106 Million Hydrogen Fuel Deal
Though H2 cars and trucks are nearly non-existent on the state’s roads, the funds are looking forward.A new California program will be providing 15% of a …
Hydropower Plant
$7.5 Billion Federal Credit Program Opens to Boost Dam Safety Projects in the US
The US Army Corps of Engineers (USACE) has officially commenced the acceptance of applications for a $7.5 billion credit assistance program known as the Corps W…
Offshore Wind Power
1.1 GW Polish Offshore Wind Farm Reaches Financial Close
The 1.1 GW Baltic Power offshore wind project in Poland, being developed jointly by the Polish energy company Orlen and Canadian Northland Power, has reached fi…
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