Finnish energy companies Steady Energy and Keravan Energia have signed a cooperation agreement to build a small nuclear power plant for district heating production. The city of Kerava is joining Kuopio and Helsinki, which are also interested in the project…
The installation of turbines has been successfully completed at the 476-megawatt Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a global leader in renewable energy, and Abu Dhabi Future Energy Company – Masdar, a powerhouse in green energy…
On Thursday, October 10, 2024, the UK government confirmed the implementation of a new system of limits and thresholds for large long-duration energy storage (LDES) projects. At the core of this system is a “cap and floor” mechanism, which guarantees…
German developer Altech Advanced Materials AG (FRA) has introduced a prototype 60 kWh battery for testing, using common table salt instead of rare and expensive materials like lithium or cobalt. The new battery, named CERENERGY, was developed based on the…
The risk of winter power outages in the UK has dropped to its lowest level in four years, despite the recent closure of Ratcliffe-on-Soar, the country’s last coal-fired power plant. This improvement is partly due to investments in low-emission sources…
The United States Department of Energy (DoE) has announced an allocation of $1.5 billion to support the construction of four new interregional transmission lines as part of the Transmission Facilitation Program (TFP). This initiative aims to modernize and expand the…
Construction has begun in Estonia on two energy storage facilities with a total capacity of 200 MW and 400 MWh. On Thursday, a symbolic groundbreaking ceremony took place for the project, which aims to support the region’s energy stability and…
The second quarter of 2024 proved to be a strong period for the energy storage market in the United States. According to a report published by the American Clean Power Association (ACP) and Wood Mackenzie, more than 3,000 MW of…
The Export-Import Bank of the United States (EXIM) has offered debt financing of $786 million to support two Australian companies in developing critical mineral supply chains, which are essential for the future of technology and sustainable energy. Support for American…
Chinese company CRRC has announced an ambitious plan to build the world’s most powerful wind turbine. The turbine will be installed in offshore systems, maximizing energy generation. One full rotation of the turbine’s rotor will produce up to 40 kWh…