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Shale oil electricity generation surged by 42% in Estonia in 2022
Chevron buys majority stake in largest green hydrogen storage project
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.
Chevron buys majority stake in largest green hydrogen storage project
EC’s von der Leyen promises support for wind industry
European Commission President Ursula von der Leyen is pledging more support for Europe’s struggling wind industry starting in 2024.
Zambia clinches $1.5bn renewable energy investment commitments from Chinese companies
Germany calls for more Ukrainian renewable energy, corruption fighting
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
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
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).
DFC Board approves $425mn financing for TP Solar's mega solar manufacturing plant in SE India
H2 Green Steel raises $1.6bn in equity for world’s first green steel plant
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.
Philippines targets 2023 completion for smart and green grid plan
UK government auction for offshore wind flops, net-zero goal faltering
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
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
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
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
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.'
Bermuda, New England and Atlantic Canada jittery as Hurricane Lee approaches
As Hurricane Lee barrels across the western Atlantic towards land, residents are on alert for destructive wind and surf as the weekend approaches.
US solar industry to add record 23 GW in 2023
The US solar industry expects to add a record 32 GW of new capacity in 2023, a 52% increase from 2022.
Ukraine winter preparations in final stage with a month to go
With a month to go before the heating season starts, Prime Minister of Ukraine Denys Shmyhal says preparations for the upcoming cold season are in their final stages and the country is almost ready for the cold season.
BW Energy brings fourth development well on line for Hibiscus/Ruche Phase 1 project offshore Gabon
BW Energy has begun extracting oil from the fourth well drilled for the Hibiscus/Ruche Phase 1 development project at the Dussafu licence area offshore Gabon.
Tanker with Russian Arctic crude heads to Brazil
An oil tanker carrying Russian crude from a terminal in the Arctic Sea is approaching the coastline of Brazil. If the tanker discharges in Brazil, it would be the first time that Russian crude has been shipped there since at least 2016.
Russian oil trader expands in Mexico to displace US refiners
Lukoil PJSC’s trading unit, Litasco SA, is launching operations in Mexico as the oil major seeks new markets for Russian products under widespread sanction. If successful, the effort could see Russia displace the US as Mexico’s top fuel supplier.
Ukraine’s Cabinet of Ministers gives control of Glusco gas station network to Ukrnafta
THE VIEW FROM MITTELEUROPA: Austria struggles to kick addiction to Russian gas
But cold turkey looms at the end of next year when Ukraine looks set to suspend pipeline shipments.
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