Tagged With Polly Martin
Siemens Energy offers €4bn for SGRE takeover
23 May 2022
The German technology firm plans to take struggling wind turbine manufacturer Siemens Gamesa into full ownership
EDF revises Hinkley Point C cost by £3bn
20 May 2022
The first UK nuclear project under construction in decades also sees its startup date slip to 2027
UK opens £120mn nuclear fund
13 May 2022
Fund aims to kickstart projects and attract private investment
Orsted to trial offshore wind-to-reef initiative in Taiwan
11 May 2022
Reefing offshore installations could improve ocean biodiversity but faces regulatory obstacles in the US and Europe
US advances offshore wind on both coasts
28 April 2022
Boem will open calls for information on a combined 5.1mn acres along the east coast and offshore the state of Oregon
GE installs first French offshore wind turbine
14 April 2022
France’s first commercial offshore wind turbine has been installed at the Saint-Nazaire project
Ikea unlocks renewable power purchasing for suppliers
13 April 2022
Home furnishings giant aims for 100pc renewable energy consumption throughout its value chain
Renewables on high alert for cyber risk
12 April 2022
Two wind turbine manufacturers have faced cyberattacks this year amid heightened risk for the wider energy sector
Climeworks secures $650mn to scale up direct air capture
7 April 2022
Swiss startup aims for megaton capacity by 2030
Wind turbine O&M a bright spot for struggling manufacturers
1 April 2022
Turbine makers see margins in excess of 20pc from operations and maintenance, but these could dwindle with ageing assets and expansion into multibrand servicing
Ukib to focus on energy security and net zero – Sunak
21 March 2022
The UK treasury-owned bank must balance investments between energy security and long-term decarbonisation, says finance minister
Energy firms reluctant to cut Russian gas
4 March 2022
European utilities are divesting from some Russian interests, but decisions on gas supply will require new sanctions
TotalEnergies aims to develop US offshore wind on both coasts
2 March 2022
Following a successful bid in a New York auction, the major has bought bidding partner EnBW’s North American portfolio
Russian invasion of Ukraine fuels crisis in energy sector
25 February 2022
Sanctions and spiking electricity and gas prices present new challenges for Europe’s utilities
UK researchers break nuclear fusion record
10 February 2022
Joint European Torus project achieves new high in sustained energy from the process
UK to hold annual renewables auction
9 February 2022
New schedule will start from next year as the UK seeks to bolster low-carbon power generation
UK opens ‘call for ideas’ on low-carbon fuel strategy
8 February 2022
The country’s transport department aims to assess economic and environmental impact of increasing supply and demand
Italy launches 3.35GW renewables tender
1 February 2022
The country has opened an auction for new wind, hydro and solar capacity
Offshore wind losses blow Saipem off course
1 February 2022
Engineering and construction company in talks with banks and major shareholders over financing package after loss equal to more than a third of equity
Brazil sets regulatory framework for offshore wind
28 January 2022
New decree clarifies regulatory authorities and requirements, as developers gear up for first projects
UK low-carbon heating bubbles under
28 January 2022
The UK faces challenges on multiple fronts in its effort to decarbonise domestic heating
Turbine manufacturers post major losses
26 January 2022
GE and Siemens Gamesa Renewable Energy have announced multimillion-dollar losses over 2021 and the past quarter, while Vestas posts cautious 2022 guidance
Orsted aims for wind turbine circular economy
25 January 2022
Danish developer enters partnerships to decarbonise steel production and offshore vessel support
New York’s first offshore windfarm to begin construction
21 January 2022
Orsted and Eversource project secures final regulatory approval from Boem following environmental review
BP partners with Oman on renewables and hydrogen
18 January 2022
Oil major plans to undertake wind and solar data assessment for multi-gigawatt energy hubs
Acwa breaks ground on Azerbaijani windfarm
14 January 2022
The project is the first and largest foreign investment in Azerbaijan’s renewables sector
UK passes new nuclear financing model
12 January 2022
New reactors to be financed during construction phase via regulated asset base model
Goldman Sachs invests $250mn in Hydrostor
11 January 2022
The money will be used to progress near-term long-duration energy storage projects in California and Australia
Pattern Energy completes largest single-phase wind project in US
7 January 2022
The 1.05GW Western Spirit Wind will provide power to New Mexico and California
RWE and Northland partner on 1.3GW German offshore wind cluster
6 January 2022
The companies aim to complete Nordsee 2 and 3 and Delta Nordsee windfarms between 2026 and 2028
Mitsubishi sweeps board in Japanese offshore wind auction
5 January 2022
All three projects awarded in country’s first large-scale tender will be developed by consortiums led by Mitsubishi
Eni and CIP partner for Polish offshore wind
15 December 2021
The two firms expand existing French partnership with an eye to bidding in upcoming CfD auctions
Tidal energy to feature in next UK auction
25 November 2021
UK government ringfences £20mn/yr for tidal in upcoming renewable energy tender
Only 10pc of energy companies aligned with Paris Agreement – TPI
25 November 2021
Majority of firms’ emissions reduction plans are insufficient to keep warming below 1.5°C
Equinor and EWP plan 3GW Korean floating offshore wind
17 November 2021
The two companies join several developers exploring floating offshore wind development
European turbine makers continue to face headwinds
11 November 2021
The outlook for renewable energy has never been brighter. So why are so few manufacturers profiting from booming demand for wind turbines?
US and China to cooperate on enhancing climate action
11 November 2021
Joint declaration to tackle CO₂ and methane emissions, with China pledging to reduce coal consumption
Repsol and Iberia complete first flight with waste-produced biofuel
5 November 2021
Biofuel and energy efficiency measures have reduced a single route’s emissions by 1.4t CO₂
Low wind speeds mar offshore wind profits
4 November 2021
Below-normal speeds slashed wind power generation in Europe in Q3, highlighting the risks faced by operators in the region
UK includes aviation and shipping in emissions targets
21 October 2021
The country’s recently published Net Zero Strategy aims to reduce transport emissions by 22-33pc by 2030 and 46-59pc by 2035 compared with 2019 levels
UK to unlock £90bn transition investment by 2030
20 October 2021
Renewables, CCS, nuclear and hydrogen are all earmarked for government support, according to a recently published strategy
UK oil and gas could miss 2030 emissions reduction target – OGA
18 October 2021
Regulator urges industry to ramp up efforts to electrify infrastructure and stop routine flaring to meet 50pc emissions target
Strong policy push needed to reduce oil and gas demand
14 October 2021
Mismatch between tightening supply and continued demand will result in continued volatility unless action taken on demand side, says IEA report
Lightsource BP solar project to meet steel mill’s power demand
13 October 2021
Solar developer launches largest US onsite solar facility dedicated to a single customer
Orsted signs €2bn climate-linked revolving credit facility
11 October 2021
Interest margin to depend on performance against predefined sustainability targets, Danish energy company says
UAE declares 2050 net-zero target
7 October 2021
Opec member announces initiative ahead of Cop26
Subsidies key to carbon capture growth
6 October 2021
Attempts to scale up CCUS have failed due to lack of guaranteed long-term revenue
Slow start for Japan’s offshore wind push
30 September 2021
Grid constraints and local opposition present major obstacles to Japan’s plans for 45GW offshore wind by 2040
Lightsource BP secures $1.8bn to boost solar growth
21 September 2021
The developer plans to increase total global capacity to 25GW by 2025
India’s green growth challenges
13 September 2021
Despite $1.2bn of additional investment, India could miss its 2022 renewable energy capacity target
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