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Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Battery
Solax to Invest USD 1.5bn in Battery, Smart Energy Production in China
SolaX Power (SHA:688717) plans to invest USD 1.498 billion (EUR 1.351bn) to build a research and manufacturing facility in the eastern Chinese province of Zheji…
Offshore Wind Power
Morocco to Develop Its First Offshore Wind Power Plant
With an offshore wind energy potential of 200 gigawatts, Morocco aims to take advantage of its strong winds and favourable maritime conditions, benefiting from …
Oil & Gas Trade
Suriname’s Staatsolie Signs Energy Production Sharing Contracts With Petrochina
A 3D printed natural gas pipeline is placed in front of displayed PetroChina logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Nuclear Fusion
MIT Developing Advanced Materials to Extend Fusion Reactor Lifespan
stock image onlyMIT developing advanced materials to extend fusion reactor lifespanby Clarence OxfordLos Angeles CA (SPX) Aug 20, 2024Nuclear fusion has long be…
Hydropower Plant
Firstlight and burlington electric department sign agreement for hydroelectric power supply
FirstLight’s Shepaug Generating Station, located on the Housatonic River in both Newtown and Southbury, CTFirstLight, a company specializing in clean ener…
Energy Storage Project
Portugal Allocates Funding for 500 MW of Energy Storage
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To thi…
Energy Storage Project
Curtailment, Greece Needs 7 GW of Energy Storage by 2030 to Avoid Photovoltaic Cuts
Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage.Greece is faced wit…
Photovoltaic (PV)
Iberdrola Installs Two New Photovoltaic Plants in Portugal
The Montechoro I and II PV plants, located in the Algarve region of southern Portugal, have been completed and now contribute to the country’s renewable e…
SMR
EDF Pulls Out of UK SMR Bid
SMRs are considered a versatile form of nuclear energy production. Credit: Luo Yunfei/China News Service/VCG via Getty Images.French state energy company EDF ha…
Photovoltaic (PV)
EDP Renewables Begins Operation of Its First Utility-Scale Photovoltaic Solar Project in Italy
The Boccadoro photovoltaic project represents a further step in EDP’s commitment to diversify its renewable energy production and accelerate the process o…
SMR
South Korea Announces Plans for SMR Industrial Hub
Small modular reactors (SMRs) are considered a versatile form of nuclear energy production. Credit: Luo Yunfei/China News Service/VCG via Getty Images.South Kor…
Geothermal Power Project
Ten Geothermal Projects in the Netherlands to Receive Sde Subsidy
Holland, Netherlands (source: Flickr/veitliveit, Creative Commons)All ten submitted geothermal projects received a positive decision at the 2023 edition of the …
Photovoltaic (PV)
Ghana Launches Largest Floating Photovoltaic (PV) Project in Africa
Ghana has installed a massive solar photovoltaic power system at the Bui Reservoir, reducing land use and boosting renewable energy production. The project can …
Oil&Gas Drilling
New Dutch Coalition Aims for More Offshore Gas Extraction, Nuclear Energy
The incoming Dutch government said on Thursday it will aim to expand offshore natural gas extraction and nuclear energy production as part of plans to reduce th…
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