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Iberdrola will invest more than 1,100 million euros in a green hydrogen plant in Australia

Iberdrola Australia and hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). The project, called Bell Bay Powerfuels, is backed by the Australian government and will involve...

RWE picks Blyth for build-out of one of the world’s largest offshore wind farms

RWE will locate its Offshore Construction Base at Port of Blyth, home to the UK’s first offshore wind turbines. Selection is latest in multi-ports strategy for 1.4 gigawatt Sofia Offshore Wind Farm. The expanding Grimsby Hub has already been...

Vestas wins a 108 MW order for a wind project in Scotland

Vestas has received a 108 MW order from Infinergy UK for the Limekiln wind farm in the UK. The order includes the supply, installation and commissioning of 24 V136-4.5 MW wind turbines at a peak height of 150 m, as...

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...

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...

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...

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...

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