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Floating Offshore Wind
Norway Plans $3.3 Billion Floating Wind Subsidy Cap
The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidies in the country’s first commercial floating …
Energy Investment
Tagenergy, Harmony Energy Begin Construction of 49MW/98MWh BESS Project in Scotland
Image: TagEnergy.New BESS project in Scotland set to utilise Tesla Megapack lithium-ion batteries.TagEnergy and Harmony Energy have confirmed construction has s…
Energy Investment
Nextpower UK ESG Completes Second Close at 97% of Target
Image: NextEnergy Capital.The second close at £487 million comes only three months after the first close in August.NextEnergy Capital (NEC) has reported the se…
Nuclear Reactor
Italy’s Nuclear Revival Is Imperative, World Nuclear Association Says
Credit: CARL DE SOUZA via Getty Images.Last year, Italy – the only G8 country without its own operational nuclear power plant – took the first steps…
LNG
Japan Expands LNG Flexibility via Cooperation With South Korea, Italy
Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world's second-biggest LNG i…
Hydropower Plant
Uganda Commissions $1.7bn Hydro Plant, Country’s Largest Power Generation Facility
Octopus Energy Generation has announced a £2bn investment in UK renewable energy projects by 2030, emphasising solar capacity with 222MW in the pipeline.
SMR
South Korean SMR Design Approved by Regulator
The SMART100 small modular reactor design has been granted standard design approval by South Korea's Nuclear Safety and Security Commission.The layout of a …
Hydropower Plant
MoU Signed to Boost Sustainable Hydropower Development in Nepal
Image courtesy of the Hydropower Sustainability AllianceAmemorandum of understanding (MoU) has been signed between the FMO – Dutch entrepreneurial develop…
Offshore Wind Power
GE Vernova Signs Deal to Repower Wind Turbines in Italy
GE Vernova has been selected by Italian wind developer IVPC Group to repower five wind turbines at its Montefalcone wind farm in Italy.As part of this repowerin…
Energy Storage Project
CIP Acquires 255MW/1020MWH Battery Storage Project in Arizona
The fund aims to invest in a diverse range of renewable technologies. Credit: Es sarawuth / Shutterstock.Copenhagen Infrastructure Partners (CIP), through its f…
Electricity Transmission
UNEZA Members to Invest $116BN per Year in Clean Power and Grid Infrastructure
UNEZA members have published recommendations to policymakers. Credit: IRENA/UNEZA.Members of the Utilities for Net Zero Alliance (UNEZA) have announced a joint …
Hydropower Plant
Uganda commissions $1.7 bln China-financed hydropower plant
Uganda on Thursday commissioned its largest electricity generation plant, a 600 megawatt (MW) power plant built on the River Nile that cost $1.7 billion, financ…
Carbon Emissions
Brookfield Raises $2.4 Billion for Climate Fund Backed by UAE
Brookfield Asset Management (BAM.TO), opens new tab said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by the Un…
Nuclear Power Plant (NPP)
Borregaard Signs Long-Term Power Contract With Hafslund
Borregaard has signed a long-term power purchase agreement with Hafslund, securing electricity sourced from hydropower plants for the period from 2025 to 2034. …
Offshore Wind Power
Windar Renovables Starts Work on New Monopile Factory in Spain
Windar Renovables has started preparatory work to construct a new monopile factory in Asturias, Spain.Windar Renovables acquired the construction site on the ri…
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