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Offshore Wind Power
Equinor and bp Unveil $5M Offshore Wind Ecosystem Fund in New York
The two energy giants are developing the Empire Wind and Beacon Wind projects, which will generate enough renewable energy to power more than two million New Yo…
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
Electricity Transmission
White House Announces $13 Bln in Funding to Modernize Power Grids
The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…
Natural Gas
Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources
The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in th…
Natural Gas
North America’s Natural Gas Can Help Mitigate Energy Crisis
In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues.
Energy Transition
RWE Plans Renewables Profit Share With German Authorities to Improve Local Acceptance of Energy Transition
German utility RWE will offer profits to municipalities where one of its wind or solar farms is located as part of an expansion of the German Renewable Energies…
Electric Car
GM Offers a Bullish Outlook for Its EV Business, Forecasting Profits in ’25
General Motors told investors that its lineup of electric vehicles will be “solidly profitable” in 2025 in North America and that its EV capacity in the regio…
Energy Storage System
A Breakthrough for Next-Generation Lithium-Free Energy Storage Systems
Battery energy storage systems can be used to store and discharge energy as and when needed, which can provide backup power, balance the electric grid, improve …
Israel
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…
Clean Energy Industries Form Alliance at COP27
Global industry organisations representing wind, solar, hydropower, green hydrogen, long duration energy storage (LDES) and geothermal energy industries have of…
Czech Republic
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…
Crude Oil
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…
EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects
SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…
Smart Grid
Duke Energy and AWS Partner up on Smart Grid Solutions
Duke Energy and Amazon Web Services (AWS), are entering a multiyear strategic collaboration to accelerate the utility’s development of smart grid solutions, in…
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