ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
Valmet will supply and maintain Petrobras’ Neles™ valves across all its operations in Brazil under a one-year contract renewable for up to five years.
Valmet secures a contract to deliver a bubbling fluidized bed biomass boiler and flue gas handling equipment to Kraftringen Energi's upcoming combined heat and power plant, aimed at strengthening energy supply in Sweden.
GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.
Tokyo Gas, through TOWII Renewables, a joint venture with EWII, purchases two onshore wind projects developed by Finnish company Puhuri, totalling 74.4 MW, marking its expansion beyond the Danish market.
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
Tree Energy Solutions and CPC Finland will produce 125,000 tonnes annually of e-NG at the Finnish port of Rauma, targeting European and international markets with a significant investment.
The preliminary agreement launches planning and site assessment for a tailored AP1000 reactor, following two years of feasibility study, and enlists Westinghouse and Hyundai to support Fortum’s regional nuclear expansion.
The Moscow Arbitration Court postpones by nine months the trial initiated by Rosatom against Fortum and Outokumpu, seeking nearly three billion dollars following the controversial cancellation of a nuclear project in Finland.
The Swedish government will implement new disclosure rules for foreign vessels, specifically targeting tankers linked to Russia’s hard-to-trace oil fleet.
Chinese group LONGi has signed a 102MW supply contract for Hi-MO X10 back contact solar modules with a Finnish energy company, marking a step in its Northern European expansion.
Chinese provider Sungrow has completed a 60MWh energy storage installation in Simo, less than 100 kilometres from the Arctic Circle, marking a strategic step for the stability of Finland’s power grid.
French group VALOREM is launching a crowdlending campaign in Finland to finance early-stage development of a large-scale wind project in the municipality of Kiuruvesi.
Brussels aims to persuade the G7 to reduce the Russian oil price cap to $50 per barrel, as part of negotiations on the next sanctions package targeting Moscow’s energy revenues.
On May 13, energy ministers from Baltic Sea countries signed a new memorandum of understanding to reinforce interconnections and energy security amid growing geopolitical tensions.
China has reached a historic energy milestone with wind and solar capacity now exceeding that from thermal sources, amid an acceleration of new installations.
Swedish manufacturer Autoliv signs two 12-year renewable power purchase agreements with Alight and Eurowind Energy to ensure stable supply and anticipate volatility in European energy markets.
