Infrastructure & Investments
H2med call for interest highlights strong interest for European hydrogen network
The European hydrogen network development consortium H2med has announced the results of its non-binding Call for Interest to assess future h...
Infrastructure & Investments
Mitsubishi Power wins order for 990 MW Al Wahda OCGT power plant in Morocco
Morocco's national power utility, the National Office of Electricity and Drinking Water (ONEE), has awarded Mitsubishi Power an order to sup...
Policy & Regulatory
Canada pledge to reduce its GHG emissions by 45-50% of by 2035 from 2005 levels
The Government of Canada has submitted its 2035 nationally determined contribution (NDC) under the Paris Agreement. Canada’s 2035 NDC is to ...
Companies
ONGC-NTPC joint ventures acquires Ayana Renewables (4.1 GW) in India
The Indian oil and gas exploration and production company ONGC has set up a 50:50 joint venture with NTPC Green Energy Limited (NGEL), named...
Infrastructure & Investments
OX2's 2.4 GW Halla offshore wind project (Finland) moves ahead
OX2's Halla offshore wind project has completed its environmental impact assessment (EIA) and submitted it to the to the Centre for Economic...
Infrastructure & Investments
L&G NTR Clean Power Fund acquires 211 MW solar+storage projects in Ireland
The L&G NTR Clean Power (Europe) Fund, a JV between the renewable energy specialist NTR and L&G’s Asset Management division, has acq...
Policy & Regulatory
Norway shifts focus exclusively on floating offshore wind
The Norwegian government has decided to shift its focus from fixed-bottom offshore wind to floating wind projects, cancelling the tender for...
Energy & Climate Markets
Angola inaugurates a new fuel storage terminal
The Angolese state-owned oil company Sonangol has inaugurated the Barra do Dante Ocean Terminal, a new fuel storage terminal in Angola’s nor...
Companies
BP’s profit was divided by 38 in 2024, reaching US$381m
BP has released its 2024 results, posting a profit of US$381m, compared to a profit of US$15.2bn in 2023. The reduction reflects lower refin...
Infrastructure & Investments
Ukraine seeks to buy two nuclear reactors from Bulgaria
The Ukrainian parliament has approved a law authorising the state-owned nuclear company Energoatom to purchase two Russian-made reactors fro...
Policy & Regulatory
Lithuania launches 800 MWh BESS tender after joining the CESA
Lithuania has announced a €102m (US$106m) BESS tender to install high-power electricity storage facilities to balance the electricity system...
Infrastructure & Investments
Harbour Energy withdraws from Medway Hub Camelot CCS project in the UK
The Australian energy company Synergia Energy is seeking a replacement project partner to take over the 50% stake held by Harbour Energy in ...