Siemens Gamesa and Doosan Enerbility have announced a strategic partnership for the South Korean offshore wind market. Benefits include local assembly of Siemens Gamesa offshore wind turbine nacelles at a Doosan facility, offshore construction of projects involving Siemens Gamesa machines, and offshore service for certain orders involving those same machines.
Enviromena has commissioned its first British solar farm in Winchester. The 25.4 MW site, called Three Maids Hill, uses the latest technology to maximize energy production and reduce CO2 emissions. This project is a major step for Enviromena in its commitment to a more sustainable future for all.
Despite the difficulties in the Western wind market, Chinese equipment companies are increasingly competitive and looking to expand internationally with advantages such as massive scale, lower cost and diversification.
Finnish energy company Fortum announced on Tuesday a hefty €1 billion provision on its Russian operations as part of its “controlled exit” from the country due to the invasion of Ukraine. This financial devaluation reflects the increasingly complex operating environment and prolonged uncertainty regarding Fortum’s Russian operations.
The construction of a thermal power plant at Larivot in French Guiana can now move forward after the validation of the environmental authorization by the administrative court of appeal of Bordeaux. The project carried out by EDF-PEI has attracted a lot of criticism from environmental associations, but the subsidiary of the energy company remains determined to strengthen the supply of electricity to French Guiana while aiming for a 100% RE electricity mix by 2030.
France is making progress in electric mobility with the installation of charging stations for electric vehicles. SME Minister Olivia Gregoire announced that the goal of 100,000 kiosks will be reached in the second quarter of 2023.
The CRE announced on Tuesday the modification of the specifications for photovoltaic electricity production projects in the ZNI. The goal is to accelerate the deployment of 212 MW of renewable energy in response to the energy crisis and climate emergency. This announcement comes on the same day that the French Parliament definitively adopted the law to accelerate renewable energy.
he Norwegian energy giant, Equinor, announced on Wednesday exceptional financial results for the year 2022. Net income reached $28.7 billion, due to the surge in gas prices. Equinor’s future investments, generous shareholder compensation plans, and strong growth position for the future point to a company on the rise.
Oil prices rose Wednesday for the third day in a row as analysts forecast higher Chinese demand amid volatility in the global market. Expected U.S. inventories should also influence the market.
DEEP Earth Energy Production Corp. announces the finalization of its strategy to build its first geothermal project in southeastern Saskatchewan. This 25 MW facility will be the first 100% natural geothermal powered facility in Canada.
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