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Naturgy Energy Group to participate in research on storage using recycled EV batteries
Spain-based utility Naturgy Energy Group is to fund and participate in a two-year research project in Spain intended to assess the feasibility of building stationary energy-storage systems from used electric vehicle batteries.
TKF to supply offshore wind cables to Vattenfall
Dutch cable manufacturer Twentsche Kabelfabriek is to supply inter-array cables for offshore wind projects in Europe developed by Swedish state-owned utility Vattenfall as part of a multi-year partnership.
H2B2 unveils largest US operational green hydrogen plant
H2B2 Electrolysis Technologies – a provider of green hydrogen energy solutions based in Spain – has unveiled SoHyCal in California, the largest operational green-hydrogen production plant powered entirely by renewable energy in North America.
Iberdrola and Masdar finalise €1.6bn deal to develop Baltic Eagle offshore wind farm
Iberdrola has signed a strategic agreement with Abu Dhabi-based renewable energy group Masdar to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea.
Shanghai Electric completes floating offshore renewables project
China’s Longyuan Power Group and Shanghai Electric Power Group have completed their deep-sea floating wind project which also makes use of solar photovoltaic and aquaculture energy.
Danish-Bangladeshi offshore wind project approved
Bangladesh has approved a $1.3bn investment proposal by a Denmark-Bangladesh consortium to build a 500 MW offshore wind farm, the first of its kind in Bangladesh.
Cheniere and Foran Energy finalise 20-year LNG supply deal
Cheniere, the prominent US LNG exporter, has recently inked a substantial 20-year LNG supply deal with China's Foran Energy.
Nigeria launches Nembe crude oil grade
The Nigerian National Petroleum Company Limited (NNPCL) and domestic energy company Aiteo have launched the Nembe crude oil grade into the international market.
Private equity firm C5 Capital to build South Africa’s first mini nuclear reactor within next three years
Private equity firm C5 Capital plans to build South Africa’s first mini nuclear reactor within next three years
Germany invests $27mn in Mozambique renewable energy initiative
The funding, Water Power Magazine reported on November 7, is made available under the Global Energy Transition Feed-in-Tariff (GET FiT), a European Union initiative to advance private investment in renewable energy projects.
Mozambique, Tanzania negotiate natural gas share agreement
Mozambique and Tanzania are due to soon sign an agreement outlining the formula they will use to share natural gas from an offshore reservoir that straddles their common border.
Oil prices defy analysts’ expectations and fall rather than rise after the outbreak of the Israeli-Hamas war
The oil price defied analysts’ expectations and fell rather than rose after the outbreak of the Israeli-Hamas war on October 7. A month later, despite a 3.7% drop in the price of a barrel of Brent, its value has returned to pre-war levels.
Regional development bank DBSA seeks alternative auction model for South Africa’s REIPPPP
The Development Bank of Southern Africa has extended its tender for advice on an alternative auction model for South Africa’s renewable energy independent power producer procurement programme.
Moroccan king says country committed to finalising $25bn African gas pipeline project
Moroccan King Mohammed VI reiterated Morocco’s commitment towards the ambitious $25bn (€23.4bn) gas pipeline project with Nigeria and said the project’s benefits will extend to European countries in terms of more energy supplies.
AIIB signs $36mn loan agreement to finance construction of 100MW wind power plant in Kazakhstan
Kazakhstan to supply oil to Hungary via route bypassing Ukraine
Croatia's HEP and Koncar KET sign €11mn solar plant deal
Russia only one of three countries to meet global LNG demand: Mikhelson
The global market for LNG will continue to grow, and only three countries have sufficient resources to satisfy it, Novatek CEO Leonid Mikhelson said at a speech at the Verona Eurasian Economic Forum in Samarkand on November 3.
INA announces gas discovery in eastern Croatia
Cleaner air is accelerating global warming
The reduction in atmospheric pollution, often associated with burning coal, oil, and fossil fuels, has led to clearer skies and that means more sunshine, which paradoxically is actually exacerbating global warming, not preventing it.
Peter Szijjarto gives update on Paks project in parliamentary commission
Companies from the United States, France, Germany, Sweden and Austria, in addition to 94 Hungarian companies, have signed contracts so far as subcontractors for the expansion of the Paks nuclear power plant.
Russia seizes more German Linde assets
The Arbitration Court of St Petersburg and Leningrad ordered a seizure of 13 ISO containers for liquid helium owned by Germany's Linde in favour of RusKhimAlyans, a subsidiary of gas giant Gazprom, Reuters reports citing court materials.
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