News & Press Releases
News & Press Releases
Europe Pins its Hope on New Renewable Energy Source
Europe is on the brink of harnessing a novel energy source, which is found beneath the waves of the North Sea, and it is getting closer to making this innovation an actual reality.
There are scientists who are learning more...
News & Press Releases
Solar Power Project Secures $479M for 1GW Egypt Plant
Obelisk Solar Power SAE, an Egyptian business owned by Scatec ASA, is getting $479.1 million from the British International Investment (BII), the UK's development finance institution and impact investor, the African Development Bank, and the European Bank for Development...
News & Press Releases
China Tops Global Renewable Energy Investment in 2025
China's Clean Energy Spend Matches US, EU Total
China is leading the way in the rapidly developing race to a low-carbon future. According to the International Energy Agency's (IEA) most recent World Energy Investment 2025 report, China currently invests almost...
Australia and NZ
Australian Solar PV Projects Secured €70M Financing
European Energy gets funding for Australian solar project
Two massive solar photovoltaic (PV) projects in Australia will get funding from a long-term portfolio financing deal that European Energy has closed on, totalling more than €70 million (AUS$130 million).
Australian solar PV...
News & Press Releases
Sizewell C Nuclear Reactor Receives £14 Billion Approval
In advance of the Spending Review, the government has committed £14.2 billion to the construction of the new Sizewell C nuclear facility on the Suffolk coast.
According to the Treasury, Sizewell C nuclear reactor will generate enough energy to power...
America
Trump Administration Keeps Eddystone Power Plant Running
As a precautionary measure against electricity shortages in the 13-state mid-Atlantic grid, the U.S. Department of Energy has directed an oil and gas facility in Pennsylvania to maintain its turbines during the hottest summer months.
The department's order to the...
News & Press Releases
Making Use of Simulation Software for Right Grid Management
It goes without saying that for decades, power systems engineers have depended heavily when it comes to modeling as well as simulation in order to make sure of an efficient as well as dependable power generation along with distribution....
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