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Lithuania's Ignitis Group will not lodge bid for second 700 MW Baltic Sea wind farm tender
El Nino effects could add to polycrisis woes this year
The World Meteorological Organisation announced on July 4 that there is a 90% probability of an El Niño event in the second half of this year. That could have a major negative impact on some Emerging Markets.
Demand soaring, market responding for critical minerals – IEA
Record deployment of clean energy technologies such as solar PV and batteries is propelling unprecedented growth in critical minerals markets, according to a new report by the International Energy Agency.
“Turbinegeddon” could hit wind turbine manufacturing sector – analyst
“Turbinegeddon” could hit the wind sector, say analysts at Bernstein. They cited recent problems by Siemen’s Energy’s subsidiary Siemens Gamesa, which have rocked the wind industry.
Canary Islands green hydrogen projects wins EU grant
Stargate Hydrogen Solutions OÜ has won a grant from the European Commission as part of the Horizon Europe programme. The grant aims to support Stargate in providing an electrolyser for an offshore wind energy initiative in the Canary Islands.
Ignitis, Ocean Winds provisional winners of Lithuanian offshore wind tender
Ignitis Renewables and Ocean Winds submitted the highest development fee at the tender for the 700-MW Lithuanian offshore wind project. They are expected to be announced provisional winners.
Capital Power secures 1 GW of First Solar modules
Capital Power Corporation has secured its first order for around 1 GW of ultra-low carbon thin film solar modules from First Solar.
5 GW offshore wind zone announced off Australia
Australia’s federal government has declared a 5-GW offshore wind zone off New South Wales, the country’s second.
Aquila, Trina sign 800-MW solar supply deal
Aquila Group of Germany has inked a framework agreement with Trina Solar for the supply of 800 MW of solar photovoltaic modules for the south of Europe, reports ReNews.
Permitting starts for offshore wind transmission in Black Sea
Black Sea Oil & Gas and its Midia Gas Development Project partners, Petro Ventures Resources and Gas Plus Dacia, have started the permitting process for a power corridor to connect future offshore wind farms to the Transelectrica national power grid.
Oil majors win in German 7-GW offshore wind auction
Oil companies BP and TotalEnergies have won offshore wind tracts in a German auction. The developers offered the highest fee per project. This format of ‘negative bidding’ was controversial.
France boosts tidal sector with €65mn and revenue support for FloWatt
Ocean Energy Europe (OEE), the trade group, hails the French government announcement of at least €65mn ($71.5mn) of funding, plus dedicated revenue support, for the pioneering tidal energy pilot farm FloWatt.
CS Wind buys Bladt
South Korean wind turbine tower manufacturer CS Wind will purchase Denmark’s Bladt Industries from Nordic Capital. Bladt makes substructures for offshore wind turbines.
US utility approved to build multi-day battery storage at solar site
Xcel Energy has received approval to construct a multi-day energy storage system that will help maximise the company’s use of renewable energy and maintain grid reliability through extreme temperatures and weather.
Argentina reportedly considering halting Bolivian gas imports in 2024
Argentina’s Ambassador to Bolivia Ariel Basteiro said on July 5 that his country might cease buying natural gas from Bolivia’s YPFB starting in 2024.
Guyana’s EPA approves ExxonMobil’s 35-well exploration and appraisal drilling campaign at Stabroek
Guyana has given ExxonMobil and its partners in the Stabroek offshore block a green light to drill 35 new offshore exploration and appraisal wells.
Suriname, Trinidad and Tobago sign MoU that may enable subsea gas shipments
Suriname has signed an MoU with Trinidad and Tobago that may lay a foundation for the former country to transport gas to the latter.
ExxonMobil's LNG project in Mozambique "on track" for approval in 2025, top executive says
US supermajor ExxonMobil has commended Mozambique’s government for stabilising the security situation in a gas-rich region in the north of the country. This has encouraged the company and its partners in a planned LNG project there to consider FID.
Two Pemex workers killed in fire at Cantarell oilfield
Mexico’s national oil company Pemex has confirmed that a fire broke out at a platform within the Nohoch Processing Centre at the Cantarell offshore field on July 7.
PetroVietnam receives first shipment of LNG
The Maran Gas Achilles transport vessel arrived in the terminal wharf on 10 July laden with 70,000 tonnes of LNG that will be used for a trial run of the new terminal. The LNG was loaded at Bontang, Indonesia.
Buffett to control US LNG plant in $3.3bn transaction
Berkshire Hathaway Energy (BHE) has agreed to buy Dominion Energy’s 50% limited partnership stake in Cove Point LNG in Maryland for $3.3bn.
Avangrid attains 8.6 GW of US wind and solar capacity
Avangrid has reached a capacity of 8.6 GW through its more than 70 wind and solar facilities in operation in the US, generating electricity equivalent to powering more than 2.8mn homes with green energy.
Clean energy keeps Texas grid resilient during heatwave
The clean energy industry made record contributions to the electric grid in Texas, powering – and cooling – Americans’ homes while keeping costs low during the most recent heatwave.
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