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Energy Storage Project
Sosteneo to Buy 49% of Enel's Battery Business
Italy’s biggest utility Enel has agreed to sell a 49% stake of its energy storage business to Generali Investments' Sosteneo for around EUR 1.1 billio…
Gas Pipeline
India Sees $4.95 Bln Investment for Natural Gas Network in Kashmir, Northeast
India expects investment of about 410 billion rupees ($4.95 billion) from companies to build natural gas pipeline infrastructure in its northeastern states and …
Solar Panel
Qair Locks Debt to Build 36-MW Solar Park in Poland
French independent renewable power producer Qair has obtained debt financing of PLN 77 million (USD 19.3m/EUR 17.8m) to back the construction of a 36-MW solar p…
Geothermal Power Plant
Mitsubishi Heavy Industries Invests in Fervo Energy, a US-Based Enhanced Geothermal System Startup
Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Fervo Energy (Fervo), an innovative enhanced geothermal technology startup company hea…
Photovoltaic （PV）
Alter Enersun Develops 1,000 MW of Photovoltaic and Wind Power to Supply the Grid and Hydrogen Projects in Huelva
Alter Enersun develops 1000 MW of photovoltaic and wind energy to supply the grid and hydrogen projects in HuelvaThe projects will provide renewable energy on a…
Geothermal Power Project
Innargi, Norfors to Evaluate for Geothermal District Heating in Hørsholm, Denmark
Innargi and Norfors to explore the geothermal district heating potential in Hørsholm, Denmark (source: Norfors)Danish geothermal developer Innargi A/S ha…
Floating Solar
Partners to Develop 540 MW Floating Wind-Solar Plant in Italy
Dutch-Norwegian offshore PV specialist SolarDuck, Italian investment fund Arrow Capital, and Italian developer New Developments have signed an agreement to deve…
Hydrogen Production
UK to Invest $26.5B in Hydrogen Projects
The United Kingdom (UK) government is boosting seven low carbon hydrogen projects with over $26.52 billion (GBP 21 million) in investment, in a bid to become a …
Renewable Energy
Australia’s path to renewable energy superpower
When it comes to decarbonising the economy, Australia has the potential to punch above its weight to become a renewable energy superpower. Achieving this ambiti…
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Solar Power Plant
Lithuanian Ignitis Renewables to invest in Latvia's solar energy
The renewable energy company Ignitis Renewables, part of the Lithuanian energy group Ignitis Group, will invest some EUR 178 million in the creation of a solar …
Hydrogen Project
Egypt Signs 7 Green Hydrogen MoUs Worth a Potential $40 Billion
Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic …
LNG
BP Plans to Invest $1.5 Billion in Egypt Gas Projects
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing Rights…
Offshore Wind Power
Laos Proposes to Sell 4,150 MW of Wind Power to Vietnam
Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos that want to sell electricity to Vietnam, with a total capacity of nearl…
PowerGrid Technology
Sempra Boosts Capex by 20% as California, Texas Drive Power Demand
U.S. electric utility Sempra (SRE.N), opens new tab on Tuesday raised its five-year capital expenditures plan by 20% to $48 billion, as power demand growth in T…
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