Norway backs two floating wind projects with $428m in funding
Norwegian government agency Enova has awarded Nkr3.94bn ($427.54m) to two companies to develop floating offshore wind demonstration projects off the…
Energy
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US nuclear restarts: who is paying, and is it worth the risk?
Once associated with disasters, attitudes to nuclear power have pivoted. In the US, it has enjoyed bipartisan support over the…
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South Africa’s renewables to surpass thermal capacity by 2035, says GlobalData
GlobalData’s latest report, 'South Africa Power Market Outlook to 2035: Market Trends, Regulations, and Competitive Landscape', provides a comprehensive assessment…
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Minesto, Morteza Capital sign MoU to develop tidal energy in Maldives
Marine energy technology developer Minesto has announced the signing of a memorandum of understanding (MoU) with Morteza Capital to seek…
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Google and Voltus expand virtual power plant to 1GW in PJM
Google and Voltus have announced an expanded agreement to build a virtual power plant (VPP) with a total capacity of…
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Nuclear needs ‘humility’: Kairos Power CTO on Hermes 2, safety, costs and scaling
Kairos Power has emerged as one of the most closely watched US advanced nuclear developers, backed by Big Tech and…
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Brazil power reforms to accelerate shift to renewables, says GlobalData
Brazil is entering a new phase of power sector development as reforms to the electricity market, offshore wind regulation and…
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Building financing structure for future SMRs
Global small modular reactor (SMR) activity is accelerating, with capacity expected to increase from a baseline of approximately 300MW in…
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ABS, DoE partner on maritime nuclear
The American Bureau of Shipping (ABS) and the US Department of Energy’s (DoE) Office of Nuclear Energy have signed a…
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Antin to sell majority stake in Vicinity Energy for $2.9bn
French private equity firm Antin Infrastructure Partners has agreed to sell a majority stake in Vicinity Energy, a US-based district…
