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Renewable Energy
EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil
Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains…
Oil & Gas Trade
Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous comm…
Nuclear Reactor
Construction Begins on Kairos’s Fluoride Salt–Cooled Test Reactor
Workers begin construction at the Hermes site in Oak Ridge, Tenn. (Photo: Kairos Power)Earlier today, on a site in Oak Ridge, Tenn., that was formerly home to t…
Energy Storage Project
Construction Begins on e.on and Quinbrook’s 460MWH Welsh BESS
Construction is underway on a new battery energy storage system (BESS) project, set to be one of the UK’s largest.The project, located on the site of a fo…
Offshore Wind Power
Tennet Extends Collaboration With Intertek for North Sea Offshore Wind Grid Connections
UK-headquartered Intertek has been re-appointed by the Dutch-German transmission system operator (TSO), TenneT, to provide long-term client representation servi…
Wind Farm
From 22 to 4 Wind Turbines, Endesa Begins the Largest Repowering of a Wind Power Plant in Spain
The wind farm, which foresees the replacement of wind turbines operating since 2000, represents an investment of 34.1 million euros. The work has a maximum aid …
Offshore Wind Power
RWE and Saitec Collaborate to Commission Enhanced Environmental Monitoring Studies at Demosath Floating Offshore Wind Project
DemoSATH Lab initiative kicks-off enhanced environmental monitoring studies to gain better knowledge about underwater noise, bird detection and the interactions…
Offshore Wind Power
Boem Receives Unsolicited Offshore Wind Lease Request, Cancels Second Gulf of Mexico Sale
The Bureau of Ocean Energy Management (BOEM) has canceled its second Gulf of Mexico offshore wind lease sale due to a lack of competitive interest. Published on…
LNG
Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet (bcf) of natural gas, LSEG data showed.Freeport is the Unite…
Carbon Emissions
China’s Cosco Shipping, Fortescue to Build Green Fuel Supply Chain
China's COSCO Shipping Corporation has signed a preliminary agreement with Australia's Fortescue (FMG.AX), opens new tab to jointly build a green fuel s…
Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Photovoltaic (PV)
Chile Installs 3,962 MW of Photovoltaic and 1,882 MW of Wind Power
Currently, there are more than 3.9 GW PV under construction in the country. 67% of Chile’s electricity generation in June was renewable and solar energy r…
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…
Oil & Gas Trade
Saudi Arabia’s Bahri Reports 15% Jump in Q2 Revenue on Year on Oil, Chemicals
The National Shipping Co. of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals shippin…
Carbon Capture
Carbon Capture Storage Can Extend Fossil Energy Use: Bph Migas
Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil a…
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