News

The latest news, project announcements, reports, policy, legislation concerning electricity generation across global power and energy sectors, focusing on renewable energy news, fossil fuel, natural gas, hydrogen, clean energy, nuclear power and energy storage. This news will include digitalisation projects and smart grid developments in the power generation space.

Masdar acquires 50% stake in 1.6GW US renewables portfolio

Masdar has made a strategic investment in the US in a deal with EDF Renewables North America that will see it acquire a 50% stake in a 1.6GW clean-energy portfolio.

Russia begins testing its first floating solar PV plant

Russia has started testing its first floating solar PV plant in a reservoir of the Nizhne-Bureskaya hydropower plant in the Far Eastern Federal District.

Coregas and Hyundai partner on Australian hydrogen refuelling project

Hydrogen supply lines to Australia’s zero-emission vehicle industry have been strengthened, with a new deal signed by Coregas, Hyundai and Jemena.
wind farm cecama

Deal reached to fund Spain’s largest wind farm

DNV GL has successfully completed technical due diligence on behalf of Banco de Sabadell S.A. and Bankia S.A for financing the Gecama wind farm
nuclear fusion

Chevron expands low-carbon energy portfolio with nuclear fusion startup investment

Chevron Corporation has announced a Series A investment in Seattle-based nuclear fusion startup Zap Energy Inc

India: SMEC to provide engineering services for 500MW pumped storage project

The project, in the Nilgiris hills of the Tamil Nadu State, will provide peaking benefits by using the existing reservoir at Porthimund as the upper reservoir and Emerald as the lower reservoir.

Siemens supports Lebanon victims with electric power

Siemens is helping the people of Beirut rebuild in the wake of the tragic catastrophe that occured on 4 August 2020, when 2,750 tonnes of ammonium nitrate exploded at the port, killing more than 170 people.
sustainability

Visa commits to environmental sustainability with $500 million green bond

Visa has expanded its commitment to sustainability by issuing a $500 million green bond.

EIT InnoEnergy saves start-ups with €7.3m COVID-19 response initiative

EIT InnoEnergy has mobilized €7.3 million in additional funding from the European Institute of Innovation & Technology to support energy innovators through COVID-19.

RWE joins newly launched European Clean Hydrogen Alliance

RWE has joined the newly launched European Clean Hydrogen Alliance.

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