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    Home > News > Power News > Today's News

    Power News - May 16


    There are 119 news articles for this date.   Click here for Gas News.

    Utility Business / General


    AQN Algonquin Power earns $91-million (U.S.) in Q1 2022
    Algonquin Power & Utilities Corp (TSX:AQN) Shares Issued 673,677,465 Last Close 5/12/2022 $17.47 Thursday May 12 2022 - News Release Mr. Arun Banskota reports ALGONQUIN POWER & UTILITIES CORP. ANNOUNCES 2022 FIRST QUARTER FINANCIAL RESULTS Algonquin Power & Utilities Corp.
    Canada StockWatch
     
    These two companies paid $315 million to develop wind energy off the Brunswick coast
    More than 110,000 acres off the Bald Head Island coast will soon be home to a wind turbine farm. The Bureau of Ocean Energy Management has auctioned off the two wind energy lease sites roughly 20 nautical miles from the
    John Orona, Wilmington StarNews
     
    Willmar Municipal Utilities' wind turbines break record in April, producing 1.4M kilowatt-hours
    May 12—WILLMAR — A windy April in Willmar led to record-breaking output for Willmar Municipal Utilities' wind turbines. "As you look at April's wind turbine report, I had to kind of look at it twice when I got it last
    Jennifer Kotila, West Central Tribune, Willmar, Minn.
     
    Submissions: Renewable Energy – Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel
    Source: Equinor Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the
    ForeignAffairs.co.nz
     
    Healey takes campaign to the South Coast, snags endorsements
    FALL RIVER — Attorney General Maura Healey hit the campaign trail here Thursday, visiting a slice of the waterfront to announce endorsements from South Coast elected officials and talk up her pitch to boost public transportation, expand the offshore wind
    Samantha J. Gross
     
    Fund to be split across county
    The community benefit fund from the Halsary wind farm will be £150,000 a year, the company behind the project has revealed. ScottishPower Renewables said the money will be available during the "operational lifetime" of the Halsary wind farm, south of
    John O'Groat Journal
     
    County commissioners approve wind energy project moratorium
    Julie Davis, CherryRoad Media The Otoe County Board of Commissioners approved a moratorium on wind energy projects in Otoe County while a committee reviews the county's current zoning regulations for such projects. Board chairman Jerad Sornson told the audience, which
    News Staff
     
    Offshore Wind Turbine Market Growth Strategies, Regional Overview, Business Share and Leading Companies Forecast Analysis by 2028
    Londan, United kingdom -- (SBWIRE) -- 05/12/2022 -- The COVID-19 pandemic slowed down the world economy by disrupting shipping. Roller bearings, which connect gearboxes to wind turbines, were in short supply because of the demand for these components from shipping
    ReleaseWire
     
    USA: Study Finds Distributed Wind Energy Potential Equivalent to Half of National Electricity Demand
    Source: US Office of Energy Efficiency and Renewable Energy NREL Study Identifies Opportunities for Distributed Wind to Empower Communities Across the United States The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory today released the Distributed Wind Energy Futures
    ForeignAffairs.co.nz
     
    W&W/AFCO Steel Leases Former Wind Power Plant
    Manufacturing W&W/AFCO Steel on Wednesday announced plans to expand operations to the former LM Wind Power site at the Little Rock Port. The $18.7 million investment is expected to create 115 full-time jobs over five years, growing the company's statewide
    Scott Carroll
     
    Florida Power & Light Company - 30 years after Hurricane Andrew, FPL prepares for active hurricane season with annual storm simulation
    JUNO BEACH - More than 3,500 Florida Power & Light Company (FPL) employees participated in the company's intensive annual storm drill this week testing their response to a simulated hurricane. The drill is a critical component of FPL's extensive year-round
    ENP Newswire
     
    Rep. McMorris Rodgers Calls for Unleashing Hydropower, Protecting Dams
    WASHINGTON, May 13 -- Rep. Cathy McMorris Rodgers, R-Washington, issued the following remarks: * * * Eastern Washington Congresswoman Cathy McMorris Rodgers (WA-05) called for the unleashing of hydropower's full potential in her remarks before the Energy Subcommittee today. You
    Targeted News Service
     
    Just Energy Announces Proposed Plan of Compromise and Arrangement and Execution of Support Agreement and Backstop Commitment Letter for Going Concern Restructuring
    TORONTO, May 13, 2022 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (TSXV:JE; OTC:JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers,
    GlobeNewswire
     
    ACCIONA Energía celebrates 10-year anniversary of the Dempsey Ridge Wind Farm
    ACCIONA Energía, world leader in renewable energy, celebrates 10 years of operations for its Dempsey Ridge Wind Farm located in Roger Mills and Beckham Counties, Oklahoma. “Since May 2012, Dempsey Ridge has provided Oklahoma with safe, sustainable and cost-effective power”
    Contify Energy News
     
    Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel
    Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). “We selected Edison Chouest in part for its extensive experience and expertise
    Contify Energy News
     
    LONG BAY LEASE SALE ILLUSTRATES CONTINUED GROWTH IN OFFSHORE WIND INDUSTRY
    The following information was released by the BlueGreen Alliance: The Bureau of Ocean Energy Management (BOEM) yesterday convened a lease auction covering more than 110,000 acres in the Carolina Long Bay area. The sale totaled more than $300 million. The
    States News Service
     
    Offshore Wind Turbine Market Growth Strategies, Regional Overview, Business Share and Leading Companies Forecast Analysis by 2028
    Londan, United kingdom -- (SBWIRE) -- 05/13/2022 -- The COVID-19 pandemic slowed down the world economy by disrupting shipping. Roller bearings, which connect gearboxes to wind turbines, were in short supply because of the demand for these components from shipping
    ReleaseWire
     
    SkySpecs watches wind turbines from above, lands $80M led by Goldman Sachs
    May 13 -- As wind energy gains ground in the U.S., SkySpecs is using drones and AI to detect future equipment failures before they grind those giant turbine blades to a halt. The company, which works with wind farms to
    India Engineering News
     
    AVANGRID (AGR), Bidgely Ink Deal to Promote EV Charging Program
    AVANGRID Inc.'s AGR subsidiary, United Illuminating Company (UI), recently agreed to collaborate with Bidgely to implement the first electric vehicle (EV) managed charging program in Connecticut. The program is established by the Connecticut Public Utilities Regulatory Authority (PURA), with the
    Zacks Equity Research
     
    Cambria solar battery storage law aired
    May 13—CAMBRIA — Town board members heard from one member of the public Thursday night at its public hearing on a proposed local law that would regulate battery energy storage systems in the town. In front of an audience of
    Benjamin Joe, Niagara Gazette, Niagara Falls, N.Y.
     
    Department of Energy - Clean energy can light a new path forward for former coal communities
    Department of Energy - Over the last century, America's coal and power plant communities leaned on geology, geography, ambition and entrepreneurial spirit to power the country and our growing economy. Those same features now position them to play key roles
    ENP Newswire
     
    IKEA US, SunPower to launch home solar offering in California
    May 13 (Renewables Now) - US solar technology and energy services provider SunPower Corp (NASDAQ:SPWR) and IKEA US will partner to offer home solar products in the US, the firms said on Thursday. The offering is called Home Solar with
    SeeNews Renewables
     
    EV Business Leaders Highlight MI Infrastructure, Innovation Progress
    Electric vehicle (EV) industry leaders in Michigan are touting the state's progress toward electrifying the transportation sector and improving infrastructure. With funding coming in from the Infrastructure Investments and Jobs Act, they stressed the transition is an opportunity for Michigan,
    Public News Service
     
    Office of Energy Efficiency & Renewable Energy: Study Finds Distributed Wind Energy Potential Equivalent to Half of National Electricity Demand
    WASHINGTON, May 13 (TNSRes) -- The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy issued the following news release on May 12, 2022: The U.S. Department of Energy's (DOE) National Renewable Energy Laboratory today released the Distributed
    Targeted News Service
     
    Proposed Berwickshire wind farm would have highest turbines yet
    EDF Renewables wants to create a 100MV wind farm called Dunside on moorland in the Lammermuir Hills, on land owned by Roxburghe Estates. Up to 20 turbines, each with a tip height of up to 260 metres, are proposed. A
    Northumberland Gazette
     
    Mass Megawatts Receives an Unexpected Demand for Solar Energy with High Fossil Fuel Cost
    WORCESTER, Mass., May 13, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) announces a higher demand for solar energy including its solar tracker due to the higher rate of return for customers when comparing solar with
    GlobeNewswire
     
    Ocean Conservancy: U.S. Offshore Wind Energy Faces Headwinds
    WASHINGTON, May 13 (TNSRes) -- The Ocean Conservancy issued the following news release: A new report from Ocean Conservancy and Perkins Coie reviews the challenges and proposes a combination of policy changes and regulatory updates that can take U.S. offshore
    Targeted News Service
     
    TotalEnergies and Duke Energy win second offshore wind auction in the U.S.
    TotalEnergies and Duke Energy have won the second offshore wind auction held in the United States this week for the Carolina Long Bay area. The leases awarded to the two companies could result in about 1.3 GW of offshore wind
    CE Noticias Financieras
     
    Duke Energy secures offshore wind lease for Carolina Long Bay
    United States, May 12 -- Duke Energy Renewables Wind, LLC, a nonregulated subsidiary of Duke Energy, has been named a provisional winner of OCS-A 0546 lease area in the Carolina Long Bay offshore wind auction.The lease was one of two
    Pivotal Sources
     
    As CPS Energy hunts for new CEO, interim Garza says he'll likely vie for the job
    May 12—As CPS Energy hunts for a new leader, interim CEO Rudy Garza said he will likely seek the job. If CPS' five trustees "are happy with the work that my team and I have done and want me to
    Diego Mendoza-Moyers, San Antonio Express-News
     

    Generation


    Nuclear plant owner Talen Energy Supply files for bankruptcy
    May 12—Talen Energy Supply, the owner of the Susquehanna nuclear power plant in Salem Twp., has filed for Chapter 11 bankruptcy. The Woodlands, Texas-based company, a unit of Talen Energy Corp. which runs 18 power generation facilities, filed for Chapter
    Denise Allabaugh, The Citizens' Voice, Wilkes-Barre, Pa.
     
    ENERGY HARBOR JOINS WITH BLOCKCHAIN FIRM FOR DATA CENTER PROJECT
    The following information was released by the American Nuclear Society (ANS): Energy Harbor has signed a memorandum of understanding with blockchain company Standard Power to develop a large-scale carbon-free data infrastructure operation adjacent to the Beaver Valley nuclear plant, located
    States News Service
     
    Salt River Project Joins Interdisciplinary Effort to Create a Carbon-Neutral Economy by 2050
    PHOENIX, Arizona, May 13 (TNSPol) -- The Salt River Project, a public power utility and electricity provider, issued the following news release: Four Arizona energy providers and the state's three public universities are forming a new, interdisciplinary coalition with the
    Targeted News Service
     
    EPEC calls for a competition to fill the position of chief technical officer.
    The place to perform the tasks will be the Río Grande Hydroelectric Power Plant, located in the Calamuchita Valley, with working hours from 8 am to 3 pm and full-time availability. Thecorresponding deadline for the registration of the interested parties,
    CE Noticias Financieras
     
    Duke Energy to resubmit plan to close Gallagher coal station basins
    May 12—SOUTHERN INDIANA — Shutting down a coal-fired energy-generating facility takes much more than turning off the lights and closing a door. Duke Energy had been working on plans to close its Gallagher Station years before it officially announced the
    Makenna Hall, The Evening News and the Tribune, Jeffersonville, Ind.
     
     

    Financial


    Hawaiian Electric (HE) Q1 Earnings Top, Revenues Rise Y/Y
    Shares of Hawaiian Electric Industries, Inc. HE slipped 0.2% to $41.90 on May 12, reflecting investors' disappointment following its first-quarter results. The company reported earnings per share (EPS) of 63 cents for the first quarter of 2022, which surpassed the
    Zacks Equity Research
     
    Emera Reports 2022 First Quarter Financial Results
    HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Today Emera (TSX: EMA) reported 2022 first quarter financial results. Highlights Quarterly adjusted net income(1) of $242 million is consistent with Q1 2021. Quarterly adjusted EPS(1) was $0.92, a decrease of $0.04 from $0.96 in Q1
    Business Wire
     

    International


    Studies from Hohai University Yield New Data on Computers and Geotechnics (Vertical Dynamic Interaction Factors for Offshore Thin-walled Pipe Piles)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Computer News Today -- Fresh data on Computers and Geotechnics are presented in a new report. According to news reporting originating from Nanjing, People’s Republic of China, by
    Computer News Today
     
    BW Ideol Forms Partnership with Tohoku Electric Power
    Deal In Brief BW Ideol AS, a renewable energy company specializing in developing and operating large-scale floating offshore wind projects, has formed partnership with Tohoku Electric Power Co Inc, an electric utility company, for initiating the feasibility studies necessary to
    Marketline - Deals
     
    Bluefield Solar Income Fund Acquires Solar and Wind Projects in UK for USD138.6 Million
    Deal In Brief Bluefield Solar Income Fund Ltd (Bluefield), an investment fund focused on acquiring and managing UK-based renewable energy and storage assets, has acquired solar and wind projects portfolio in UK, for an equity consideration of GBP112.4 million. The
    Marketline - Deals
     
    Energy Infrastructure Completes Bond Financing for MB2 North Wind Farm in Sweden
    Deal In Brief Energy Infrastructure Partners (EIP), an investment company in sustainable energy infrastructure, has completed bond financing for the construction and development of MB2 North wind farm in northern Sweden. The total installed capacity of the project is 253
    Marketline - Deals
     
    Duke Energy among companies with winning bids for NC offshore wind energy
    North Carolina’s largest electric utility and a French “supermajor” oil company won auctions Wednesday to lease a pair of sites for the production of wind energy off of the Brunswick County coast. The Bureau of Ocean Energy Management’s 18-round auction
    Adam Wagner, The Charlotte Observer
     
    Lairg community should welcome new wind farms
    Lairg Community Council should continue to have a supportive stance towards wind farm development in its area because of the community benefit generated, its chairman has said. Iain Thomson said that there might be a perception that the Lairg area
    Northern Times
     
    New Marine Engineering Study Findings Have Been Reported from Gdansk University of Technology (Heave Plates with Holes for Floating Offshore Wind Turbines)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Engineering Daily News -- Investigators publish new report on marine engineering. According to news reporting out of Gdansk University of Technology by NewsRx editors, research stated, “The paper
    Engineering Daily News
     
    Reports Outline Wind Farms Study Results from Northeastern University (A Transfer Learning-based Scenario Generation Method for Stochastic Optimal Scheduling of Microgrid With Newly-built Wind Farm)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Investigators publish new report on Energy - Wind Farms. According to news reporting out of Shenyang, People’s Republic of China, by NewsRx editors, research
    Energy Daily News
     
    Researchers from School of Automation Provide Details of New Studies and Findings in the Area of Wind Energy (Deep Non-crossing Probabilistic Wind Speed Forecasting With Multi-scale Features)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Investigators discuss new findings in Energy - Wind Energy. According to news reporting out of Hunan, People’s Republic of China, by NewsRx editors, research
    Energy Daily News
     
    Researchers from Shiraz University of Technology Describe Findings in Wind Turbines (Feasibility Study of Twin-rotor Savonius Wind Turbine Incorporated With a Wind-lens)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Data detailed on Energy - Wind Turbines have been presented. According to news reporting out of Shiraz, Iran, by NewsRx editors, research stated, “Sustainability
    Energy Daily News
     
    Reports Outline Wind Energy Study Findings from University of Petroleum and Energy Studies (A Fuzzy Analytic Hierarchy Process-based Analysis for Prioritization of Barriers To Offshore Wind Energy)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Current study results on Energy - Wind Energy have been published. According to news reporting from Uttarakhand, India, by NewsRx journalists, research stated, “Offshore
    Energy Daily News
     
    Research from University of Sao Paulo (USP) in the Area of Wind Turbines Described (Geometric Analysis of Small Wind Turbine Blades Manufactured by Additive Manufacturing)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Investigators discuss new findings in wind turbines. According to news originating from the University of Sao Paulo (USP) by NewsRx editors, the research stated,
    Energy Daily News
     
    New Wind Turbines Findings from Technion-Israel Institute of Technology Reported (Large-eddy Simulation of a Wind Turbine Using a Filtered Actuator Line Model)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Data detailed on Energy - Wind Turbines have been presented. According to news reporting out of Haifa, Israel, by NewsRx editors, research stated, “When
    Energy Daily News
     
    Federal University of Ceara Researchers Publish New Data on Wind Farms (Participatory Methodologies and the Production of Data on Artisanal Fishing in Areas with Offshore Wind Farm Projects in Ceara, Brazil)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- A new study on wind farms is now available. According to news reporting out of Federal University of Ceara by NewsRx editors, research stated,
    Energy Daily News
     
    Researchers from Lawrence Berkeley National Laboratory Provide Details of New Studies and Findings in the Area of Wind Turbines (In the Shadow of Wind Energy: Predicting Community Exposure and Annoyance To Wind Turbine Shadow Flicker In the ...)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Investigators discuss new findings in Energy - Wind Turbines. According to news reporting originating from Berkeley, California, by NewsRx correspondents, research stated, “The moving
    Energy Daily News
     
    Studies from South Ural State University Add New Findings in the Area of Energy Conversion and Management (Horizontal Axis Wind Turbine Yaw Differential Error Reduction Approach)
    2022 MAY 12 (NewsRx) -- By a News Reporter-Staff News Editor at Energy Daily News -- Current study results on Energy - Energy Conversion and Management have been published. According to news reporting out of Chelyabinsk, Russia, by NewsRx editors,
    Energy Daily News
     
    Renewable power set to break another global record in 2022 despite headwinds: IEA
    PARIS, 12th May, 2022 (WAM) -- New capacity for generating electricity from solar, wind and other renewables increased to a record level worldwide in 2021 and will grow further this year as governments increasingly seek to take advantage of renewables’
    Emirates News Agency
     
    IAEA approves construction of nuclear power plant in Uganda
    The International Atomic Energy Agency (IAEA) has given approval for the construction of a nuclear facility for power generation in Uganda. Once constructed, this will be East Africa's first nuclear power facility. The IAEA's director for Africa Aline des Cloizeaux
    MarketLine
     
    Green Genius plans to develop 700MW of renewable energy capacity
    Lithuania-based renewable energy firm Green Genius is planning to develop solar power plants with 500MW of capacity in Lithuania by 2025. At the same time, the company also intends to develop wind farms with 200MW of capacity in the country.
    MarketLine
     
    Spot power prices ease at Exchange
    Spot power prices at Exchange, which was hovering around ?12 per unit amid the coal shortage situation, has eased over the last few days. According to experts, seasonal factors (cooler weather in parts of India) and pick up in wind
    Hindu
     
    Naturgy earns 347 million up to March, down 9.4%.
    Naturgy obtained a net profit of 347 million euros in the first quarter of the year, which represents a 9.4% drop compared to the 383 million euros profit in the same period of the previous year, in spite of the
    CE Noticias Financieras
     
    IAEA announces transmission of safeguards from Ukraine's Chornobyl plant
    VIENNA, May 12 (KUNA) -- Remote transmission of safeguards data from Ukraine?'s Chornobyl Nuclear Power Plant (NPP) has been fully re-established, said Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi Thursday. This resulted from the deployment
    Kuwait News Agency
     
    ScottishPower and Shell team up with National Energy Skills Accelerator for ScotWind collaboration
    ScottishPower and Shell are exploring a new collaboration with the National Energy Skills Accelerator (NESA) to maximise economic and employment opportunities linked to the development of floating offshore windfarms in Scottish waters. Charlie Jordan, ScottishPower’s Offshore Director for the UK
    Contify Energy News
     
    California Sets Aggressive Offshore Wind Target
    California's Assembly Bill 525 (AB 525) directed that, on or before June 1, 2022, the California Energy Commission (CEC) shall "evaluate and quantify the maximum feasible capacity of offshore wind to achieve reliability, ratepayer, employment, and decarbonization benefits and shall
    By Mr J. Paul Forrester, Lauren A. Bachtel and Eric Pogue
     
    Offshore Wind Power
    Company : GUANGDONG YUDEAN YANGJIANG OFFSHORE WIND POWER CO., LTD. Address : Name: Guangdong Yudean Yangjiang Offshore Wind Power Co., Ltd. Address: Room 902, Caizhi Building, No. 12, Xinjiang North Road, Jiangcheng District, Yangjiang City Contact: Deng Gong Tel: 0662-2338979
    Tenders Monitor Africa-Asia
     
    India Renewables Key View
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Energiequelle, WindStrom commission 9-MW French onshore wind park
    May 12 (Renewables Now) - A unit of German project developer Energiequelle GmbH and WindStrom France have put into operation a 9-MW wind park in the Bourbriac commune in northwestern France. The wind farm consists of three Nordex N117 turbines
    SeeNews Renewables
     
    Netherlands Renewables Forecast Scenario
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    TotalEnergies pursues its development in floating offshore wind with the start of construction of a first farm in France
    05/10/2022 News Paris, May 10, 2022 - TotalEnergies is pleased to announce the start of construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20% stake. This 30 MW project is located more than 18
    Total News
     
    Hansewerk to expand power grid in northern Germany amid solar boom
    May 12 (Renewables Now) - Hansewerk AG will pour nearly EUR 1.2 billion (USD 1.26bn) into the expansion of the power grid in northern Germany in the next three years in order to prepare for the expected boom in e-mobility
    SeeNews Renewables
     
    Spain signs off on plans to temper volatile energy prices
    MADRID (AP) — The Spanish government on Friday approved a plan aimed at reining in soaring energy costs, signing off on a temporary cap on natural gas prices that it said would immediately reduce the amount paid by a third
    Associated Press
     
    Cub Energy Announces 2021 Yearend Results
    Houston - Cub Energy Inc. ('Cub' or the 'Company') (TSX-V: KUB), a Ukraine-focused energy company, announced today its audited financial and operating results for the year ended December 31, 2021. All dollar amounts are expressed in United States Dollars unless
    ENP Newswire
     
    Quick View: Spain's Semiconductor Plans To Support Growth In Key Verticals
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Spain's Audax reports Q1 net profit drop, exit from Polish gas market
    May 13 (Renewables Now) - Spanish renewable power and gas supplier Audax Renovables SA (BME:ADX) reported a net profit of EUR 943,000 (USD 978,647) for the first quarter of 2022, down by 37% year-on-year, saying that the reduction was mainly
    SeeNews Renewables
     
    The energy that comes from the wind
    With almost 11,000 kilometers of coastline, Brazil is beginning to make better use of the opportunity to make energy and money with wind. Its 777 wind farms spread over 12 states reached 21.03 gigawatts of installed power last year. The
    CE Noticias Financieras
     
    These are the key points of the Business Trends Report submitted by Acciona to the CNMV.
    The Spanish government has recently approved a series of regulatory measures in the context of the environment of high energy prices and the war in Ukraine. With regard to Acciona Energía's business, the most relevant are the extraordinary review of
    CE Noticias Financieras
     
    PKN Orlen: Service port for Baltic Power offshore wind farm to be built in Leba
    The port in Leba will be used to service the Baltic Power offshore wind farm for at least 25 years. The company has signed an agreement to lease a site on which a base will be built for service operation
    Contify Energy News
     
    Abu Dhabi's Masdar and NPCC to work together on offshore wind and green hydrogen technologies
    Dubai: Abu Dhabi renewable energy company Masdar will jointly work with NPCC in the offshore wind, green hydrogen, and other clean energy technologies. NPCC (National Petroleum Construction Co.) is also headquartered in Abu Dhabi, and is part of National Marine
    Gulf News Report
     
    Octopus Energy To Finance Xlinks' Subsea Power Cable Project To Deliver Energy From Morocco to UK
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    UPDATE - TotalEnergies plans over 1 GW in Carolina Long Bay lease area
    May 13 (Renewables Now) - French energy major TotalEnergies SE (EPA:TTE) today confirmed it has won a 120-square-mile (222 sq km) lease area in the latest US offshore wind auction and expects to develop at least 1 GW of capacity
    SeeNews Renewables
     
    Småkraft secures 12 years fixed rate loan with institutional investors
    Småkraft AS closed a new 12-year fixed rate loan with a club of renowned institutional investors on May 12th. The EUR 80m loan is issued by a wholly-owned subsidiary of Småkraft AS and is secured with pledges in 22 power
    Oslo Bors Newsfeed
     
    Masdar, National Petroleum Construction Company to explore renewable energy opportunities
    ABU DHABI, 13th May, 2022 (WAM) -- Masdar on Friday announced that it has signed an agreement with the UAE-based National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), to explore collaboration in offshore wind, green
    Emirates News Agency
     
    Bord Gais agrees power offtake from 40 MW of Amarenco solar projects
    May 13 (Renewables Now) - Irish utility Bord Gais Energy has clinched a deal to manage and off-take the output of 40 MW of solar parks proposed to be built by independent power producer Amarenco Group in Ireland. The long-term
    SeeNews Renewables
     
    Encavis boosts Q1 green power generation by 33% as portfolio hits 2 GW
    May 13 (Renewables Now) - German independent power producer Encavis AG (ETR:ECV) raised its electricity production from renewable energy by 33% year-on-year in the first quarter as its own generation capacity reached around 2 GW. The company said on Thursday
    SeeNews Renewables
     
    TotalEnergies announces the start construction of the Eolmed project
    France, May 12 -- TotalEnergies has announced the start of construction of the Eolmed project, operated by Qair and in which TotalEnergies has a 20% stake. This 30 MW project is located more than 18 km off the coast of
    Pivotal Sources
     
    BW Ideol and Tohoku Electric Power start first stage of commercial-scale floating wind project in Iwate prefecture, Japan
    Japan, May 12 -- BW Ideol and Tohoku Electric Power Co., Inc. are pleased to announce that both companies have signed a formal agreement and initiated the feasibility studies necessary to jointly develop a commercial-scale floating offshore wind farm off
    Pivotal Sources
     
    Italy Renewables Forecast Scenario
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Enersense's subsidiary Megatuuli and Valorem enter into a co-operation agreement on 1,500 MW wind power development projects in Finland
    Enersense International Plc ? Press release, 13 May 2022 at 9:00 a.m. Greenfield wind power developer Megatuuli Oy, a subsidiary of Enersense International Plc, a provider of zero-emission energy solutions, and French green energy company Valorem have signed a mutual
    Cision
     
    BigBlue Energy Releases New Emergency Power Source
    SHENZHEN, China, May 12, 2022 /PRNewswire/ -- BigBlue Energy Inc recently reached their crowd funding goal for their newest Kickstarter campaign: BigBlue Cellpowa2500 All-In-One Emergency Power Source. Their newest campaign offers special enhancements which includes the ability to upgrade the
    PR Newswire
     
    End of Koeberg outage to ease South African grid pressure
    The return to service next month of unit 2 at the Koeberg nuclear power plant will help to reduce pressure on South Africa's constrained power system, state-owned utility Eskom says. The return to service of the unit, which has been
    Global Data Point
     
    Pa. awards $2M in clean energy grants to boost workforce development | Friday Morning Coffee
    Good Friday Morning, Fellow Seekers. The Wolf administration has announced that it’s awarded a total of $2 million in grants to four clean energy entities to help them address recruiting and retention issues — a challenge that was made worse
    Pennsylvania Capital-Star
     
    The Tata Power Company informs about transcript of audio call recording
    India, May 13 -- Pursuant to Regulation 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Tata Power Company has informed that it attached the transcript of the audio call recording of the Company's Analyst Call held
    Accord Fintech
     
    Origin Secures Planning Approval For 700MW Eraring Battery Project in Australia
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    IAEA - Nuclear Explained, New Podcast Episode on Nuclear Reactors
    IAEA - Nuclear reactors have been used for decades, providing low-carbon electricity in many parts of the world. The past, present and future of nuclear reactors and nuclear power is discussed in the latest episode of Nuclear Explained the IAEA's
    ENP Newswire
     
    Feasibility Study Permit Issued For Thor Offshore Wind Project In Denmark
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Longi Wins Contract To Supply Electrolysers For Green Hydrogen Project In China
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Cepsa joins Spanish Hydrogen Association to promote decarbonization and energy independence
    Cepsa joins the Spanish Hydrogen Association (AeH2). The objective of both entities is to encourage the commitment to green hydrogen, an indispensable energy source for the global energy transition and European energy independence. Specifically, Cepsa joins the association as a
    Contify Energy News
     
    Pipeline Infrastructure and GAIL ink MoU to collaborate, develop hydrogen-based ecosystem
    The MoU aims at collectively exploring the feasibility, desirability and viability of hydrogen as a source of energy and thus build a partnership between the companies, the company informed in a statement. PIL and GAIL will explore various options for
    Express Web Desk
     
    Kazakhstan to research issue of building nuclear power plant by end of 2022
    BAKU, Azerbaijan, May 13. Kazakhstan will research the issue of building a nuclear power plant until the end of the year, Kazakh Energy Minister Bolat Aqchulaqov said, Trend reports citing Kazakh media. Ministry of Energy is considering favorable climatic, geological
    Trend News Agency
     
    VSB Acquires Exclusive Rights To Develop 170MW Wind-Solar Hybrid Project In Poland
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Brazil replaces energy minister amid Petrobras controversy
    May 13 (Renewables Now) - Brazil's president Jair Bolsonaro has named Adolfo?Sachsida as the country’s new energy minister, replacing navy admiral Bento Costa Lima Leite de Albuquerque Junior in that position. The change comes days after state-controlled Petroleo Brasileiro SA
    SeeNews Renewables
     
    NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex
    State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towards
    Financial Services Monitor Worldwide
     
    Clean Energy Matrix May Reach 70 Percent By 2025
    The Minister of State for Economic Coordination, Manuel Nunes Júnior, said Thursday that the country's energy matrix already included 62 percent of clean sources, but the "ambition" was to reach 70 percent by 2025. Nunes Júnior reiterated the government's efforts
    AllAfrica
     
    Decentralized and Clean Energy Trading is the Missing Piece of Sustainability in the Energy Sector
    5ire, through its proprietary blockchain technology, 5ireChain, aims to address real-world problems that border on sustainability and ESG concerns. As part of its vision for a sustainable future, 5ire offers an enterprise-level blockchain environment for the development of blockchain applications
    M2 PressWIRE
     
    Aquila, Far North Solar to start 1 GWp solar roll-out in New Zealand
    May 13 (Renewables Now) - German investment manager Aquila Capital and New Zealand renewables developer Far North Solar Farm (FNSF) are ready to launch construction on the initial projects forming a 1-GWp solar portfolio in New Zealand. Under an alliance
    SeeNews Renewables
     
    SSA Power Regional Overview: Limited Power Capacity Growth Coming Mostly From Hydropower And Renewable Sources
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Tata Group May Enter The Battery Business Soon
    Chandrasekaran also said the group is ”in a massive transformation” to become future-ready and will shortly announce a group level goal towards becoming carbon neutral Pouncing vehemently on the electric vehicle ecosystem growth in the country, Indian conglomerate Tata group
    Siddha Dhar
     
    GIG's Corio, Ontario Teachers’ pursuing 9-GW offshore wind JV
    May 13 (Renewables Now) - Corio Generation has joined hands with Ontario Teachers’ Pension Plan Board in an alliance that aims to finance the development of up to 9 GW of offshore wind projects globally. Corio, a portfolio company of
    SeeNews Renewables
     
    Wind parks produce 4.42% of France’s electricity on May 12
    May 13 (Renewables Now) - France's wind parks produced 47,413 MWh of electricity on May 12, thus accounting for 4.42% of the total power output in the country for the day. In all, France's power plants produced 1,072,378 MWh that
    SeeNews Renewables
     
    A Global Energy Shortage Is Putting Bitcoin Under Pressure
    https://oilprice.com-By Felicity Bradstock -- With Bitcoin having lost more than half its value since November and other cryptocurrencies following suit, the energy consumption of the crypto mining industry is back in the headlines. -- While crypto mining companies around the
    admin
     
    Eskom pins hopes on returning Koeberg and Kusile power station units to reduce pressure on constrained power system
    Image Source: News24 Eskom's presentation during the State of the System update today revealed that the national electricity grid remains constrained, with an elevated risk of loadshedding over the winter period, particularly during the morning and evening peaks. During the
    Cape Business News
     
    Ørsted and TotalEnergies partner to participate in Dutch offshore wind tenders
    13.5.2022 15:00:01 CEST Ørsted A/S Investor News Paris/Den Haag, 13 May, 2022 – Ørsted and TotalEnergies have joined forces to jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” with the aim to achieve net positive
    Ørsted A/S
     
    ORLEN Group - Service port for Baltic Power offshore wind farm to be built in Leba
    ORLEN Group - Service port for Baltic Power offshore wind farm to be built in Leba. The port in Leba will be used to service the Baltic Power offshore wind farm for at least 25 years. The company has signed
    ENP Newswire
     
    BP Launches Two Bids For Power Generation From Two Sites In HKW Zone In Netherlands
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    TotalEnergies Wins Maritime Lease to Develop a 1 GW Offshore Wind Farm off North Carolina's Coast
    PARIS, May 13, 2022 /PRNewswire/ -- TotalEnergies (NYSE: TTE) has been named a winner by the Bureau of Ocean Energy Management of maritime lease area OCS-A 0545 in the United States, as part of the Carolina Long Bay auction held
    PR Newswire
     
    Valorem, Megatuuli target 1.5 GW of wind projects in Finland by 2025
    May 13 (Renewables Now) - Finnish infrastructure company Enersense International Oyj (HEL:ESENSE) announced on Friday that its wind power subsidiary Megatuuli Oy had struck an agreement with French renewables firm Valorem to develop some 1.5 GW of wind farm projects
    SeeNews Renewables
     
    Australian Daily Wind Power Generation Data – Thursday 12 May 2022
    By Anton Lang ~ This Post details the daily wind power generation data for the AEMO coverage area in Australia. For the background information, refer to the Introductory Post at this link. Each image is shown here at a smaller
    PA Pundits
     
    UK's Incomplete 2022 Energy Security Strategy Focuses On Key Technologies But Ignores Major Issues
    THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources.
    Fitch Solutions Sector Intelligence
     
    Vattenfall sees strong increase in demand for solar PPAs
    May 13 (Renewables Now) - Swedish state-owned utility Vattenfall AB sees a growing demand for renewable energy, especially solar power, from the German industry as companies are under pressure to go green and cope with high electricity prices. In addition
    SeeNews Renewables
     
    NRG Systems Offers the Only Lidar to Measure Full Wind Turbine Shear and Veer
    NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has added ZX Lidars’ ZX TM to its remote sensing portfolio. Gregory Erdmann, NRG’s Vice President, Global Sales, said, “NRG Systems
    Contify Energy News
     
    Corio Partners With Ontario Teachers' to Pursue Global Offshore Wind Development
    TORONTO, Ontario, May 13 -- Ontario Teachers' Pension Plan issued the following news release on May 12, 2022: Newly launched Corio Generation (Corio) has entered into a joint venture with leading global investor Ontario Teachers' Pension Plan Board (Ontario Teachers')
    Targeted News Service
     
    Banking: Vietnam Harvests the Benefits of a Wind Farm and Strong Private Sector Partnership
    Source: Asia Development Bank Electricity demand in Viet Nam is expected to grow at 8% annually through to 2030. Meeting this demand will require increasing power generation capacity and developing more renewable sources of energy. Building the infrastructure to generate
    ForeignAffairs.co.nz
     


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