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British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …
Electric Vehicle Battery
EDF Renewables Building 50MW Battery Site
The site will reportedly be able to power 100,000 homes with clean energy for two hours.
Smart Grid
First Virtual Power Plant Inaugurated in Greek Energy Market
Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market.The…
Offshore Wind Power
Japan’s TEPCO and Scotland’s Flotation Energy Eye Offshore Wind Prospects
TEPCO Renewable Power, a subsidiary of Japanese utility Tokyo Electric Power Company (TEPCO), is teaming up with Flotation Energy to develop the offshore wind m…
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Rising Interest Rates Weigh on Renewable Growth
European renewable stocks have fallen 20% since August.
Electric Car
German Tech Firm to Launch $25,000 Solar Car Next Year
German tech Sono firms expects to launch solar-powered EV in 2023.
Biden Unveils $13.5 Billion Package to Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Is This the Next Big Step for Geothermal Energy?
Geothermal energy could become one of the most cost-effective ways of producing clean energy.
Natural Gas
Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…
Wave Energy
Sea Trials Show Promising Results for AWS Wave Energy Device
Inverness-based AWS Ocean Energy has announced encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energ…
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
Offshore Wind Power
Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshor…
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. …
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