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 …
The Three Seas Initiative calls for cooperation and security in Central and Eastern Europe, but can it deliver?
On 11 April, the ninth annual Three Seas(3SI) Summit and Business Forum was held in Vilnius, Lithuania. In attendance were …
GIGA Storage secures approval for 600MW BESS project in Belgium
GIGA Storage, a Netherlands-based clean energy company, has secured an irrevocable permit to construct a 600MW/2.4 gigawatt-hour (GWh) battery energy …