Latest News
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14 Feb 25Germany: 220 megawatts of power to stabilise the grid: RWE commissions Hamm and Neurath battery storage systems
RWE has commissioned one of the largest German battery storage systems at the Group’s Hamm and Neurath sites, with a total capacity of 220 megawatts (MW). It can reach its nominal capacity within seconds and provide power at that level for around one hour (235 megawatt hours, MWh). RWE is making the electricity from the battery storage systems available on various energy markets. The system contributes towards stabilising the electricity grid in particular through the balancing energy markets. -
14 Feb 25UK: A £2m boost for communities across the north of Scotland as SSEN Transmission makes first ever community benefit funding awards
SSEN Transmission has announced that an initial £2m of community benefit funding, associated with new electricity transmission infrastructure, has been awarded to organisations across the north of Scotland for the first time. -
14 Feb 25Wood Group announces FY24 trading, independent review, updated outlook and refinancing
Wood Group has announced a trading update for the year ended 31 December 2024, an update on the independent review, an updated outlook, and an update on refinancing. -
14 Feb 25Norway: Horisont Energi continues progressing the development of the Barents Blue project as its collaboration with Fertiberia comes to an end
Horisont Energi and Fertiberia joined forces to develop the clean ammonia project Barents Blue in August 2023. The collaboration between the two companies will end 28 February 2025. -
14 Feb 25Nordex Group with solid service success in 2024
In 2024, the Nordex Group signed service agreements for 227 new wind energy projects totaling 8,500 MW worldwide. All contracts were long-term Premium Service contracts totaling more than 1,500 turbines. Also expiring existing contracts for 800 turbines totaling 2,150 MW were extended. This corresponds to a renewable rate of more than 85%. -
14 Feb 25India’s ONGC-NTPC Green Energy joint venture to buy Ayana Renewable
State-owned explorer Oil and Natural Gas Corporation (ONGC) said that its joint venture with utility firm NTPC Green Energy will acquire Ayana Renewable Power, which operates solar and wind plants. Ayana is valued at $2.3 billion including debt, ONGC said in a statement -
14 Feb 25UK: New industry bonus opens to support good jobs and low carbon manufacturing factories
Government launches new investment to support clean energy manufacturing, and highly skilled jobs in industrial towns and cities. offshore wind developers can now bid for financial support if they drive investment in UK’s most deprived regions, build low carbon factories, or support net zero supply chains -
13 Feb 25Saudi Arabia: EDF and TAQA Geothermal sign landmark MoU to advance geothermal energy in Saudi Arabia
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation and HVAC applications as well as Compressed Air Energy Storage in Saudi Arabia. -
13 Feb 25UK: px Group wins O&M contract for Teesside biomass power plant
px Group, the operator of several critical infrastructure sites in the UK and Europe, has announced it has secured an Operations and Maintenance (O&M) contract for the Tees Renewable Energy Plant (Tees REP). The contract marks px Group’s further expansion into the biomass power generation industry. -
13 Feb 25Southeast Asia: Criterium Energy outlines 2025 Capital Plans including fully funded Tungkal gas development project and active oil workover campaign
Criterium Energy, an independent upstream energy development and production company focused on energizing growth for Southeast Asia has provided an update on the Tungkal gas development plan, with the initial development of the Southeast Mengoepeh field ('SE-MGH'), and provided details of its fully funded 2025 capital program. -
13 Feb 25Sale of LNGC Golar Arctic marks Golar’s exit From LNG shipping segment
Golar LNG has executed agreements to sell the 2003 built steam turbine LNG carrier, Golar Arctic. The transaction is expected to close, and the vessel is to be handed over to its new owner, within Q1 2025. The Golar Arctic is the last LNG carrier in the Golar fleet. Following the vessel sale, Golar will have fully exited its legacy shipping business.