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Spain
Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle
An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…
Germany
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…
Floating Offshore Wind
The ‘World’s Largest Floating Wind Farm’ Produces Its First Power
Norwegian energy firm Equinor said power production from Hywind Tampen’s first wind turbine took place on Sunday afternoon.
Denmark
Equinor to Acquire Danish Solar Power Developer
Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum. …
Oil&Gas Drilling
Indonesia’s Pertamina Starts First Underground Carbon Injection Tests
Indonesia's Pertamina launched its first underground carbon injection tests this week, as the state energy firm seeks to cut carbon emissions while increasing o…
Clean Energy Firms’ ESG Rating May Be ‘Downplayed’: Report
This calls for an improved ESG methodology.
Philippines
Philippine President Encouraging Most Competitive Energy Sources Including Russian Fuel
Philippine President Ferdinand Marcos Jr is encouraging local energy firms to tap fuel supplies from "the most competitive sources", including Russia, to mitiga…
Wind Turbine
Danish Company to Build World’s Tallest Onshore Wind Turbine
Vestas, a Danish wind energy firm, announced in September that it would be establishing an onshore wind turbine tower with a hub height measuring 199 meters.
Energy Transition
Energy Firms ‘on Track’ to Meet Energy Transition Target: Report
More than 40% of companies are expected to be powered by renewables by 2030.
Oil Price
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…
Hydrogen Production
INNIO to Power Raven SR’s First Waste-to-Hydrogen Plant
US-based waste-to-energy firm Raven SR will make use of INNIO’s hydrogen-ready Jenbacher engines in their hydrogen production facility at a sanitary landfill i…
Energy Storage Project
Vena Energy’s Hybrid Solar, Battery Project in Australia Hits Financial Close
Renewable energy firm Vena Energy has reached a financial close for its hybrid solar and battery energy storage system (BESS) project in South Australia, which …
Solar Power Panel
A Pilot Project in the North Sea Will Develop Floating Solar Panels That Glide Over Waves ‘Like a Carpet’
German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea.
Energy Storage Project
Construction Begins on One of the World’s Largest Solar + Battery Facilities
Norwegian renewable energy firm Scatec ASA has started construction of the three Kenhardt projects in the Northern Cape Province of South Africa.
Petronas Says Taking Steps to Protect Global Assets After Seizure of Luxembourg Units
Malaysia's state energy firm Petronas said it was taking steps to protect the legal position of all its global assets after two Luxembourg-based subsidiaries we…
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