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Energy Storage System
ESB Scotland Signs Letters of Intent for 1.5GW of BESS Units
The agreement concerns 1.5GW of BESS projects across the UK. Image: Aura Power.ESB Scotland has signed letters of intent with American Energy Storage Innovation…
Flywheel Energy Storage
China Connects Its First Large-Scale Flywheel Storage Project to Grid
China has connected to the grid its first large-scale standalone flywheel energy storage project in Shanxi Province’s city of Changzhi.The Dinglun Flywhee…
Carbon Emissions
Occidental’s 1POINTFIVE to Get up to $500M US DOE Funding for South Texas DAC Hub
US DoE to award up to $500m to Occidental’s 1PointFive for the South Texas DAC hub. (Credit: Michael from Pixabay)Occidental’s fully owned subsidiar…
Solar Power Plant
Scatec Signs Ppa for 1GW Solar and 100MW Battery Storage in Egypt
Scatec will provide engineering, procurement and construction services for the project. Credit: Scatec.Norwegian energy company Scatec has signed a power purcha…
Offshore Substation
Aker Solutions to Design Underwater Substations for Med Wind in Italy
Renexia selected Aker Solutions’ hardware for its small footprint and minimal impact on the marine ecosystem. Credit: Aker Solutions.Aker Solutions has se…
Renewable Energy
EIB, Firstrand Bank Invest €400M in South African Renewable Energy Projects
The EIB believes that South Africa has lacked investment opportunities to reach its renewable energy potential. Credit: Dancing_Man via Shutterstock.Several sol…
Oil & Gas Trade
Qatar Plans to Increase Its Stake in Iberdrola
Credit: Poetra.RH via Shutterstock.Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, i…
Electricity Trade
UK’s National Grid to Sell Electricity System Operator in $827 Million Deal
Electric power transmission pylon miniatures and National Grid logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purch…
Offshore Wind Power
EU Approves 682 Mln Euros Belgian State Aid to Support Renewable Offshore Wind Energy
A wind turbine is pictured in a field near Sint-Pieters-Leeuw, Belgium September 6, 2023. REUTERS/Yves Herman/File Photo Purchase Licensing RightsEU regulators …
LNG
Egypt Fully Awards Tender for 20 Winter LNG Cargoes, Sources Say
Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securing full volumes it was seeki…
United Kingdom
Britain’s Approval of New Coal Mine Unlawful, Court Rules
Aerial view of the site of a future coal mine to be developed by West Cumbria Mining, in Whitehaven, Britain, December 8, 2023. REUTERS/Suzanne Plunkett/File Ph…
Oil & Gas Trade
Nigerian Communities Seek $310 Million From Shell, Want Asset Sale Stopped
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Oil & Gas Trade
Vienna Power Firm Says Will Phase Out Russian Gas in 2025
A view shows Wien Energie (Vienna Energy) office building in Vienna, Austria, August 30, 2022. REUTERS/Leonhard Foeger/File Photo Purchase Licensing RightsVienn…
Oil & Gas Trade
Suriname’s Staatsolie Signs Energy Production Sharing Contracts With Petrochina
A 3D printed natural gas pipeline is placed in front of displayed PetroChina logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Hydropower Plant
Contact Energy to Acquire Manawa Energy in $1.14bn Deal
Manawa Energy to be acquired by Contact Energy in $1.14bn deal. (Credit: guentherlig from Pixabay)Contact Energy has agreed to acquire New Zealand-based renewab…
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