Spanish Government Extends Windfall Tax on Energy Companies. The Spanish government has decided to extend the temporary windfall tax on energy companies, originally set to expire at the end of 2023. As part of negotiations over a new fiscal plan,…
2024: A Year of Uncertainty for the Clean Hydrogen Sector The year 2024 was marked by uncertainty for the clean hydrogen sector, driven primarily by elections in key global economies. While the European Union and the United Kingdom maintained a…
Developing countries will receive $300 billion annually from wealthy nations to combat climate change, as agreed upon by participants at the COP29 climate summit held in Baku. The agreement, reached late Saturday night, marks a $200 billion increase in funding…
The Finnish company Wärtsilä has announced significant advancements in fire safety and noise reduction for its Quantum energy storage systems. These innovations respond to growing regulatory requirements while reducing environmental impact. New Fire Safety Tests – Above-Standard Security In collaboration…
Brazilian energy company Neoenergia SA (BVMF) has announced plans to invest 300 million BRL (52.2 million USD / 49.1 million EUR) in the development of renewable energy sources on the Fernando de Noronha archipelago in Pernambuco state. Noronha Verde –…
President-elect Donald Trump Announces Chris Wright as Secretary of Energy Nominee. President-elect Donald Trump has announced that Chris Wright, an entrepreneur in the oil and gas industry and a staunch advocate for fossil fuels, will be nominated as the Secretary…
Orlen Synthos Green Energy (OSGE) and Laurentis Energy Partners Sign Agreement to Develop the First Preliminary Safety Report (PSAR) for a Small Modular Reactor in the European Union Orlen Synthos Green Energy (OSGE) and Canadian company Laurentis Energy Partners have…
SSE Renewables Acquires 120 MW/240 MWh Thornsberry Battery Project in Ireland.Supporting Ireland’s Energy Grid with Project ThornsberrySSE Renewables, the renewable energy arm of SSE Plc, has announced the acquisition of rights to the Thornsberry battery project, a 120 MW/240 MWh…
American Solar and Energy Storage Developer Emeren Partners with Italian Fund Arpinge for 300 MW Battery Projects in Southern Italy. Strengthening Presence in Italy’s Energy Storage MarketEmeren Group Ltd, a U.S.-based solar and energy storage developer, has announced a partnership…
Following Donald Trump’s Presidential Election Victory, Renewable Energy Organizations Signal Readiness to Collaborate. In light of Donald Trump’s victory in the presidential election, U.S. renewable energy organizations have expressed full readiness to cooperate. Despite concerns about the future of energy…