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Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
SAF
Calumet Announces $1.44bn Us DOE Loan to Support Expansion Plans
Calumet reported that the US Department of Energy’s (DOE’s) Loan Programs Office (LPO) has provided a conditional commitment for a loan guarantee of…
Wind Farm
Iberdrola, Masdar Complete Wind Turbine Installation at 476MW Baltic Eagle Offshore Wind Farm
Ajoint venture (JV) between Iberdrola and Abu Dhabi Future Energy Company (Masdar) has completed the installation of wind turbines at the 476MW Baltic Eagle off…
Germany
Sungrow Plans Listing on Frankfurt Stock Exchange
Sungrow has said that its board has approved a proposal to issue global depository receipts (GDR) and list them on the Frankfurt Stock Exchange. The company sai…
Electric Vehicle Battery
Yinson Greentech and WSS to Set up Charging Infrastructure for Singapore’s First All-Electric Cargo Ship
As disclosed, the charging infrastructure for the 18.5-meter vessel equipped with swappable batteries and the capacity to transport up to 25 tonnes of cargo wil…
CCS
MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project
As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Proj…
Tidal Energy
Inyanga Marine Energy Takes Charge of France’s First Grid-Connected Tidal Turbine
The turbine, which delivers clean energy to the island of Ushant, was initially deployed in 2015 by Sabella, a French company that went into liquidation in Janu…
CCS
Trio Enriches Offshore Electrification of Oil & Gas Assets in UK and Norway With Carbon Capture
Three players – Amplus Energy, EnQuest’s Veri Energy, and Ocean-Power – have embarked on a decarbonization mission to bring offshore electrifi…
Hydrogen Project
Coastal Liberty OSV Debuts Containerized Hydrogen-Electric Energy System
The 43-meter-long vessel recently set sail in the Wadden Sea, a UNESCO World Heritage site. According to the German clean power solutions provider eCap Marine, …
Nuclear Reactor
Google Signs Deal With Kairos for 500MW Nuclear Projects by 2035
Nuclear ProjectsGoogle has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nu…
Photovoltaic (PV)
JSW Energy Signs 25-Year PPA With NTPC for 700MW Solar Project
JSW Energy has a current solar pipeline capacity of 3.2GW, of which 2GW is backed by signed PPAs.JSW Energy Thirteen, a subsidiary of JSW Energy, has secured a …
Distributed energy
Masdar and Presight to Launch AI Global Asset Management Tool
UAE-based Masdar has teamed up with Presight to create an AI-based asset management tool to manage its renewable energy projects globally.The partnership aims t…
Photovoltaic (PV)
Sumitomo and CEP Solar JV to Develop 1.5GW Renewable Projects in US
Sumitomo Corporation, via the Sumitomo Corporation of Americas and Perennial Power Holdings, has formed a joint venture (JV) with CEP Solar to deliver clean ene…
Offshore Wind Power
Ignitis Group to Participate in Lithuania’s Offshore Wind Auction
Ignitis Group, a Lithuania-based energy company, has decided to bid in the country’s second offshore wind tender.The tender, set to commence in mid-Novemb…
Photovoltaic (PV)
Quinbrook Signs UK Power Offtake Agreements With Tesco and Shell
The solar park will supply renewable energy to 102,000 homes annually.Quinbrook Infrastructure Partners has secured two significant offtake agreements for its 3…
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