OMV Petrom acquires 50% of the 400 MW Gabare photovoltaic project near Sofia, in partnership with Enery, in a deal valued at approximately €200 million including a potential energy storage solution.
Enel Green Power North America will increase its consolidated renewable capacity in the US through a wind asset swap agreement with Gulf Pacific Power, for a net consideration of $50mn.
A new European consortium launches the design of a small lead-cooled modular reactor, targeting global commercialisation by 2039, with a demonstration scheduled as early as 2035.
The global market for composites used in wind blades is expected to reach USD 21.87 billion by 2030, driven by increasing demand for renewable energy and advances in production techniques, according to MarketsandMarkets.
Energy group Enel partners with Ansaldo and Leonardo to form Nuclitalia, a joint venture focused on developing small modular reactor technologies as Italy considers a return to civilian nuclear power.
Following the withdrawal of two British companies, Morocco launches a MAD2.5mn ($270,000) expert mission to boost the appeal of its offshore oil and gas sector.
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
