Update
A historic Ministerial Declaration signed on 2 December at the COP28...
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News
MIDA and Masdar sign 10 GW renewables agreements
Masdar and the Malaysian Investment Development Authority have put together an implementation roadmap to advance 10 GW of clean energy projects in Malaysia, and signed five...
Global CO2 emissions will rise through to 2050 – EIA
The US Energy Information Administration projects that global energy-related CO2 emissions from consumption of coal, liquid fuels, and natural gas will increase over the next 30...
DTEK ready to implement largest wind farm in E Europe
Ukraine energy major DTEK Group and Vestas on 4 December signed a Memorandum of Understanding to complete the construction of the largest wind farm in Eastern Europe, a project...
Investors file lawsuit against NuScale after SMR cancellation
A group of investors has filed a lawsuit against Portland-based US company NuScale following the cancellation of its Small Modular Reactor (SMR) project. The complaint, filed in a...
Copenhagen Infrastructure Partners launches GMF II growth fund
On 4 December Copenhagen Infrastructure Partners announced the launch of its Growth Markets Fund II (GMF II). The launch took place during the 2023 United Nations Climate...
Masdar expands its European presence
Abu Dhabi Future Energy Company PJSC – aka Masdar – and Taaleri Energia, a Finland-based renewable energy developer and fund manager, have announced the acquisition of eight...
GE Vernova to supply 36 WTGs to O2 Power in India
GE Vernova has received an order from O2 Power Private Ltd to supply, install, and commission 36 units of its workhorse 2.7-132 onshore wind turbines for a 97 MW wind power project...
Saskatchewan microreactor receives $80 m funding
Saskatchewan Research Council has received $80 million in government funding to operate the first eVinci ‘microreactor’ in Canada. Westinghouse and SRC signed an MOU last year to...
Violent winter storms cause havoc in Ukraine and west Russia
Violent wind and snow storms have brought widespread death, destruction and disruption of the vital power supply to areas of east Ukraine and western Russia. Nearly 2500 people...
Prospect of a new pipeline across the Alps
The German and Italian governments have agreed to expand energy co-operation in order to strengthen supply security and the transition to climate neutrality, with gas and...
Mott MacDonald to explore UK nuclear prospects with KEPCO
Mott MacDonald has signed an MOU with KEPCO Engineering & Construction Company. The two companies have agreed to work together to explore the potential for constructing a...
DNV launches power transformer project
DNV has initiated an innovative Joint Industry Project in collaboration with Siemens Energy and other key industry players. The aim of the JIP is to increase the...
Wärtsilä launches advanced energy storage system
Wärtsilä has launched ‘Quantum High Energy’ (QuantumHE), which it describes as a next-generation energy storage system with advanced safety features and enhanced energy density.
Oil and gas producers ‘are being confronted with profound choices’ – IEA
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a...
RWE and partners secure contracts in French offshore bidding round
The French CRE (Commission for the Regulation of Energy) has published the results of its latest call to tender for onshore wind power (AO 13) for a cumulative capacity of 931 MW for...
Siemens Gamesa recovery plan
At its third Capital Market Day in Hamburg, Germany, Siemens Energy presented a strategic outlook for the benefit of analysts and investors. The company’s executive board outlined a...
Vestas secures order for V163-4.5 MW WTGs in US
Vestas has received a 239 MW order to power an undisclosed wind project in the USA. The order consists of 53 V163-4.5 MW wind turbines, and the contract includes supply, delivery,...
An $18 trillion capital gap is ‘threatening the green energy transition’
Closing the $18 trillion gap to fund the green energy transition through to 2030 is being slowed by negative investment conditions according to a report from the consulting group...
Hydrogen ramp-up in Germany ‘is slowing down’
The ramp-up of the hydrogen economy in Germany is slowing down, although overall, positive development is continuing. This is indicated by the third ‘H2-Bilanz’ (H2 Balance) published...