Qatar plans to increase its stake in Iberdrola
Qatar Investment Authority, the nation’s sovereign wealth fund, controlling an estimated $475bn (QR1.73bn) of assets, is considering increasing its stake in …
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UK Government buys National Grid’s electricity system operator for $828m
The UK Government has agreed to buy the National Grid’s Electricity System Operator (ESO) for £630m ($827.95m) to “support energy …
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Working with the elements: the role of mooring in floating wind
As the world scrambles to add enough renewably generated energy to the grid to meet ambitious net-zero targets, the wind …
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EIB, FirstRand bank invest €400m in South African renewable energy projects
Several solar and wind projects in South Africa have received €400m (R7.9bn) from a joint initiative between the European Investment …
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Scatec signs PPA for 1GW solar and 100MW battery storage in Egypt
Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW …
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EIB, FirstRand bank invest €400m in South African renewable energy projects
Several solar and wind projects in South Africa have received €400m (R7.9bn) from a joint initiative between the European Investment …
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Scatec signs PPA for 1GW solar and 100MW battery storage in Egypt
Norwegian energy company Scatec has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for a 1GW …
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Aker Solutions to design underwater substations for Med Wind in Italy
Aker Solutions has secured a contract to design underwater substations for the 2.8GW Med Wind floating wind project. The front-end engineering …
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Assessing Saudi Arabia’s “ambitious” renewable goals
Saudi Arabia is the second-largest crude oil producer – sitting just ahead of Russia, and below the US – with …
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SSEN Transmission finalises contracts for Orkney-Caithness subsea link
SSEN Transmission has finalised contracts for the construction of the Orkney-Caithness 220kV subsea link offshore Scotland. This represents a significant development …
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Ukraine’s DTEK to invest $155m in 200MW energy storage systems
Ukrainian energy company DTEK plans to invest €140m ($155m) to develop a range of energy storage systems with 200MW capacity …
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UN launches critical minerals “how-to guide” for a just energy transition
The UN this week set out its vision for the minerals that are critical to the clean energy transition, to …
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VPI to invest €450m in German battery storage projects
Energy company VPI will invest up to €450m ($496m) in battery storage projects in Germany, the company’s chief executive told …
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Japan’s JERA considers investing in gas-fired power plant in Vietnam
Japan's power utility JERA is considering an investment in a natural gas-fired power plant in Vietnam, Reuters has reported. The initiative …
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Hecate Energy picks Bechtel to design and construct Sunfish Solar 2
Hecate Energy has chosen Bechtel to spearhead the design and construction of its Sunfish Solar 2, the inaugural project in …
