Latest Stories

US wind, solar generation exceeded coal in first quarter 2023

29 May 2023

Wind and solar combined produced more electricity than coal during the first quarter of 2023 and virtually tied with nuclear power in March, according to a review by the Sun Day Campaign of data just released by the US EIA.

Ørsted to buy Eversource’s uncontracted offshore wind seabed, key US operational assets

29 May 2023

Ørsted, the Danish leader in offshore wind energy, has signed an agreement to acquire Eversource Energy’s 50% interest in the uncontracted US offshore wind lease area currently owned jointly by the two companies.

RWE becomes sole owner of 1.6-GW offshore wind farm

29 May 2023

RWE has strengthened its position in the German offshore wind market by becoming sole owner of the 1.6-GW Nordseecluster, in the North Sea.

Copenhagen Infrastructure Partners, Myrsky to develop 1.8 GW of Finnish wind projects

29 May 2023

Copenhagen Infrastructure Partners (CIP) and Finland’s Myrsky Energia will partner on developing more than 1.8 GW of onshore wind power in Finland.

Ocean Winds ups stake in Principle Power

29 May 2023

Ocean Winds, an offshore-wind joint venture between EDP Renewables and Engie, will purchase EDP's 25.4% stake in Principle Power, the global leader in offshore wind platform technology.

OX2, Dasos Capital to develop 500 MW of solar in Estonia

29 May 2023

Swedish developer OX2 and Finland’s Dasos Capital have agreed to develop solar energy in Estonia, starting with five projects with a total installed capacity of 500 MW. They will ultimately develop 10 projects.

Shareholders reject Norway fund's bid to have ExxonMobil, Chevron adopt stricter climate targets

29 May 2023

Shareholders have rejected an attempt by the world’s largest investment fund, Norway’s $1.4 trillion sovereign wealth fund, to push ExxonMobil and Chevron to adopt stricter climate targets.

Anti-nuclear feeling passes into history as Asia looks past Fukushima

29 May 2023

In the months that followed the Fukushima Daiichi nuclear power plant meltdown in mid-March 2011, few in Japan would have ever suspected that nuclear power would again be looked at as a possible future source of power for the nation of 125mn.

France’s TotalEnergies secures 20-year extension on Nigerian production licence

29 May 2023

French energy giant TotalEnergies has secured a 20-year extension on its production licence for the OML 130 block offshore Nigeria, it has revealed.

UK’s Crown Estate wants Celtic Sea floating wind projects in phases

29 May 2023

The UK’s Crown Estate has updated developers on the current status of the Celtic Sea floating wind tender round, highlighting work by the UK government.

New Indian gigafactory spearheads nation’s EV cell ambitions

29 May 2023

Just a week after Indian government and private sector officials held talks with Tesla with a view to attracting the US electric car maker to the subcontinent, construction work has begun at what is said to be the largest battery gigafactory in India

India considers scrapping all future new coal construction plans

29 May 2023

A key Indian document called the National Electricity Policy is hinting at a complete cessation of new coal-fired power plant construction in the country.

Aramco expected to finally sign deal for Iraq’s Akkas

29 May 2023

Iraq has long courted Aramco for the promising, yet remote gas field, and it looks like the end is in sight

Governor: California must add 148 GW of clean energy by 2045

29 May 2023

Governor Gavin Newsom of California said that the state must add 148 GW of new clean energy to achieve a 100% clean energy grid and carbon neutrality by 2045.

ADNOC Drilling expands fleet, targets $3bn of revenues

29 May 2023

ADNOC Drilling plans to expand its fleet and achieve a 20% year-on-year revenue growth in 2023, building on a strong first-quarter performance.

Russia denies report it is considering a gasoline export ban

29 May 2023

Russian Energy Minister Nikolai Shulgunov denied last week that the Russian government was intending to ban gasoline exports, stating it only wanted to limit them in response to a rise in domestic prices.

Serb Republic mulls paying for Russian gas in rubles

29 May 2023

Dodik met with Russian President Vladimir Putin last week in Moscow and officials from both countries discussed energy industry co-operation.