Latest Stories

Eni expects North Africa to be Italy’s main source of gas for the next few years

14 September 2023

Eni expects three North African countries to be Italy’s main suppliers of natural gas for the next few years.

Chevron buys majority stake in largest green hydrogen storage project

13 September 2023

Oil supermajor Chevron has purchased a majority stake in the ACES Delta project in central Utah, which is slated to be the world’s largest green hydrogen storage plant.

EC’s von der Leyen promises support for wind industry

13 September 2023

European Commission President Ursula von der Leyen is pledging more support for Europe’s struggling wind industry starting in 2024.

Germany calls for more Ukrainian renewable energy, corruption fighting

13 September 2023

German Minister of Foreign Affairs Annalena Baerbock visited an electric substation near Kyiv on September 11 and proposed that Ukraine should increase its reliance on renewable energy sources and must work harder to stamp out corruption.

UAE company signs agreement with Poland’s ORLEN on small modular reactors

13 September 2023

The Emirates Nuclear Energy Corporation (ENEC) and ORLEN Synthos Green Energy (OSGE) will together look into developing small modular reactors (SMRs) for the Polish and European power sector.

Investments in UK offshore energy, low-carbon tech could hit $250bn by 2030, says OEUK

13 September 2023

Investments in offshore UK energy and low-carbon technologies could hit GBP200bn ($250bn) this decade, according a new report by industry association Offshore Energies UK (OEUK).

H2 Green Steel raises $1.6bn in equity for world’s first green steel plant

13 September 2023

In the largest private placement in Europe this year, H2 Green Steel has raised around €1.5bn ($1.6bn) in equity from an investor group led by Altor, GIC, Hy24 and Just Climate.

UK government auction for offshore wind flops, net-zero goal faltering

13 September 2023

The UK government said on Friday, 8 September, that no offshore wind developers whatsoever had bid in its latest auction of renewable energy contracts.

UK must store hydrogen in underground caverns to meet net-zero targets, says Royal Society

13 September 2023

The UK government must kick-start the construction of large-scale hydrogen storage facilities if it is to meet its pledge that all electricity will come from low-carbon sources by 2035 and reach legally binding net-zero targets by 2050.

Germany awards over 1.4 GW of onshore wind but response was weaker

13 September 2023

Germany’s latest onshore wind auction awarded 1.4 GW of capacity, but that was less than the 1.6 GW that developers offered in May, according to the Germany Federal Network Agency, the Bundesnetzagentur.

Zenobē clinches $1bn funding to expand in North America, Australia

13 September 2023

Zenobē, the international provider of end-to-end solutions in fleet electrification as well as battery storage, has secured an investment of around $740mn from KKR, a leading global investment firm.

Pertamina's 'Independent Energy Villages' initiative powers 58 Indonesian villages with renewable energy

13 September 2023

Pertamina, the state-owned oil company in Indonesia, has successfully powered 58 villages across the nation using renewable energy sources as part of its corporate social responsibility program known as the 'Independent Energy Village.'