Volue extends partnership with Iberdrola for power scheduling and algo trading
Volue has signed a deal to provide Spanish energy major Iberdrola with two energy trading software solutions for use in …
Alinta Energy, Parkwind to develop 1GW offshore wind farm in Australia
Australia’s Alinta Energy has partnered with Parkwind, a subsidiary of JERA Nex, to jointly develop the more than 1GW Spinifex …
Battery energy storage developments that are electrifying the sector
In an era driven by an urgent need for sustainable energy solutions, battery energy storage systems (BESS) have become increasingly …
Octopus Energy makes strategic investment in US-based Ocergy
UK-based Octopus Energy, through its investment arm, has made an undisclosed investment in Ocergy, a US-based floating offshore wind technology …
Iberdrola Q1 net profit soars 86% to €2.76bn
Spanish utility Iberdrola has reported a net profit of €2.76bn for the first quarter of 2024, a surge of 86% …
First Westinghouse nuclear fuel at Bulgaria’s Kozloduy plant
US nuclear company Westinghouse has received a permit to begin transitioning Bulgaria’s Kozloduy nuclear power plant onto fuel the company …
Boeing sustainability chief says SAFs are unlikely to fall as low as jet fuel
Boeing’s sustainability head said that SAFs are “high unlikely to reach price parity with Jet A fuel”, raising concerns as …
Emeren, Nuveen to co-develop 199MW BESS portfolio in southern Italy
Emeren Group, a US renewables developer, has entered into a co-development agreement with Nuveen Infrastructure, formerly known as Glennmont Partners, …
Mitsubishi Power begins operations for third M701JAC unit at Thai power plant
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries, has initiated commercial operations for the third M701JAC gas turbine at a …
Hitachi Energy to invest $1.5bn to boost transformer production
Hitachi Energy, a Switzerland-based electricity equipment manufacturer, has announced plans to invest more than $1.5bn to enhance its global transformer …
Breakthrough Energy calls for energy innovations needed for AI advancement
For advancements in AI to be realised, breakthroughs in energy production will be necessary, according to Ann Mettler, vice-president for …
Huawei Unveils its Intelligent Distribution Solutionat 26th World Energy Congress
To address these challenges, power companies are turning to digital solutions that harness the power of data, connectivity, and automation. …
Scotland greenlights 560MW Green Volt floating offshore wind project
Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and Flotation Energy have secured offshore planning approval for their 560MW …
Vattenfall to divest 49% stake in 1.6GW Nordlicht wind complex to BASF
Swedish energy giant Vattenfall has finalised the sale of a 49% stake in its Nordlicht 1 and 2 offshore wind …
Denmark initiates 6GW offshore wind tender to boost green energy
The Danish Energy Agency has announced the launch of a tender for 6GW across six offshore wind farm areas. The move …