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Distributed energy
Two-Layer Power Trading Mechanism to Support Distributed Solar
Researchers in China have proposed a new hybrid transaction model for distributed power trading. The model encourages the participation of aggregators in market…
Battery
Rajasthan Tenders up to 2 GWh of Battery Energy Storage Capacity
Rajasthan Vidyut Utpadan Nigam Ltd is accepting bids to develop standalone battery energy systems (BESS) for an aggregate storage capacity of 1,000 MWh (500 MW …
Bulgaria
Bulgaria starts constructing an ‘irreversible’ nuclear project with US reactors
On Monday, the Bulgarian government began constructing two nuclear reactors using US technology, signing the first major contract worth nearly $350 million - a …
Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
Tidal Energy
Hydrowing Advances Plans For Indonesia’s First Tidal Energy Plant
HydroWing has signed a binding agreement with one of Perusahaan Listrik Negara’s (PLN) Subholdings to develop plans for the first tidal current power plan…
Natural Gas
Saskatchewan Residents Challenge Gas Expansion in Climate Rights Case
Premier Scott Moe’s Saskatchewan Party has been re-elected in the province with a mandate to tackle rising costs and taxes, but a legal battle over climat…
Natural Gas
Japanese Firm Doles Out $1.4 Billion To Come Aboard Woodside’s Mega Gas Project
Woodside and JERA executed a binding sale and purchase agreement in February 2024 for the sale of a 15.1% non-operating participating interest in the Scarboroug…
Oil & Gas Supply
SBM Offshore’s Behemoth FPSO Steps Into Brazil To Work At Petrobras’ Mega Deepwater Field
The Netherlands-based SBM Offshore is closing in on the first oil from its new floating production, storage, and offloading (FPSO) unit as the vessel has reache…
Argentina
Eramet Reclaims Full Ownership Of Lithium Operations In Argentina
French mining company Eramet has acquired Tsingshan Group’s 49.9% stake in Eramine Sudamerica for $699m (€645.83m) to regain full ownership of its Ar…
Oil & Gas Trade
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…
Energy Storage System
Scatec Reaches Financial Close for 103MW BESS In South Africa
Renewable energy provider Scatec has reached financial close for the103MW/412 megawatt hours (MWh) Mogobe battery energy storage system (BESS) facility in South…
Gas Power Stations
Evergy to Build Natural Gas Power Plants in Kansas Amid Booming Demand
Evergy (EVRG.O), will build two 705 megawatt natural gas power plants in Kansas to meet an expected spike in electricity demand, the U.S. utility firm said on M…
Green Hydrogen
Repsol Freezes Green Hydrogen Projects in Spain
Spanish oil major Repsol (REP.MC),has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavou…
LNG
Saipem Cheers Overturning of Two-Year Ban on Public Contracting Activity in Brazil
After the Controladoria-Geral da União (CGU) looked into accusations against Saipem, a subsidiary of the Italian energy multinational Eni, regarding invo…
LNG
Prysmian, Nexans, and Fulgor to Submit Final Offers in Submarine Power Cable Battle for Greek Interconnectors
Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company…
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