News & Press Releases
News & Press Releases
The EIB finances Iberdrola’s solar plants in Portugal
SCA has acquired its first wind farm with the purchase of 36 wind turbines in Markbygden in Piteå municipality, northern Sweden. The acquisition is in line with the company’s previously stated goal of becoming one of the Sweden’s leading...
News & Press Releases
Acwa Power enters PPA for Uzbekistan wind farm
Acwa Power has announced the signing a power purchase agreement with the National Electric Grid of Uzbekistan for three wind power SPVs to develop the 1.5 GW Kungrad wind farm.
The Kungrad Windfarm, formerly referred to as the Karakalpakstan Wind...
News & Press Releases
The Rise In The Cost of Energy Posed Deep Problems In 2022
Early in 2022, economies all around the world gradually started to return to some degree of normality after nearly two years of rolling pandemic lockdowns.
In actuality, the return to normalcy occurred more quickly than many anticipated, which put additional...
News & Press Releases
Russia Says It Might Cut Oil Output After The Price Ceiling
In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7% in early 2023 and stop exports to nations that support it, Deputy Prime Minister Alexander Novak said on state...
News & Press Releases
Mid-2023, Newest Mexican Oil Refinery Will Run Half Strength
According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex will complete half of its capacity for processing crude oil in July. This announcement represents the most recent change...
News & Press Releases
US Officials Say Nuclear Fusion Will Boost Renewable Energy
Officials from the US Department of Energy revealed on December 20, a nuclear fusion breakthrough: For the first time, US researchers outperformed the amount of laser energy needed to run the experiment by producing more fusion energy.
A so-called net...
News & Press Releases
Offshore Wind Power Helps Britain Tackle Its Energy Shortage
This year, Britain's wind farms produced a record quantity of power as the effects of rising natural gas costs were mitigated by stormy weather and an expanding fleet of turbines. The addition of several significant offshore wind farms contributed...
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