The Port of Suao becomes the first site in Taiwan open to commercial testing of wave energy production, following the allocation of Lot C to I-KE International Ocean Energy Co., partner of Eco Wave Power.
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.
Lyten announces an agreement to acquire most of Northvolt's assets in Sweden and Germany, bringing new industrial prospects to the energy storage sector in Europe.
Uniper reaffirms its targets for the year, narrows its forecast range, and strengthens its transformation strategy while launching cost-cutting measures in a demanding market environment.
OX2 acquires a 34-turbine wind project in the Dalarna region, representing 14% of the county’s electricity consumption, marking a step forward in its commercial collaborations with Eolus and Dala Vind.
Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
Minesto has completed a reorganization that led to a 35% reduction in fixed costs and a focus on its future commercial projects. This reorganization includes geographical streamlining, a new management team, and a realignment of product development priorities.
Eco Wave Power shareholders approve renewed authorization to repurchase American Depositary Shares representing up to 10% of the company's total share capital, during the 2025 Annual General Meeting held in Stockholm, Sweden.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
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.
Chinese company HyperStrong and Swedish firm Repono AB announce a strategic agreement to jointly implement large-scale energy storage projects totalling 1.4 GWh in Europe by the end of 2027.
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.
Swedish company Minesto will lead a consortium awarded €2.1 million funding to install an autonomous tidal-powered microgrid in the Faroe Islands aimed at off-grid communities.
The voluntary carbon market intensifies industrial interest in carbon capture within the pulp and paper and bioenergy sectors, creating an estimated $3 billion opportunity through carbon credit trading.
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Everfuel and Karlstads Energi have received a funding notification for a 20 MW electrolyzer project in Karlstad, financed by Sweden’s Klimatklivet program.
Six European network operators initiate an in-depth feasibility phase to assess the technical and economic viability of a hydrogen corridor connecting several strategic markets.
Electricity prices in Estonia fell by 9.6% in November, averaging €82.56/MWh, driven by increased wind energy production and higher-than-average temperatures.
Sturdee Energy and Frans Indongo finalize a USD 28 million financing for two 10 MW solar projects in Namibia. The energy produced will reduce carbon emissions and address the growing demand for electricity.
Despite its 6 GW potential, Denmark’s largest offshore wind project received no offers during the auction. This setback highlights the economic challenges facing the European wind energy sector.
Stellantis and Zeta Energy launch a partnership to develop lithium-sulfur batteries. Promising lightweight construction, extended range, and reduced costs, this technology could transform the electric vehicle industry by 2030.
Offshore wind farm projects in the Baltic Sea are deemed incompatible with Sweden's national defense due to the disruptions they would cause to critical military sensors.
Under the weight of colossal debt, Northvolt seeks protection under the U.S. Chapter 11 law. The departure of CEO Peter Carlsson marks a critical turning point for the company, once a European flagship in the battery industry.
The Swedish company Eco Wave Power has obtained the final authorization from the U.S. Army Corps of Engineers to install innovative hydropower technology at the Port of Los Angeles, strengthening its position in marine renewable energy.
The Swedish manufacturer Northvolt sells its California site to Lyten, a U.S. start-up specializing in lithium-sulfur batteries. This strategic decision refocuses its projects in Europe, while Lyten invests massively in the United States. Meanwhile, Northvolt faces significant financial challenges.
Alfa Laval has secured two contracts worth SEK 350 million to provide HVO pre-treatment units to Europe’s largest biofuel facility, boosting the production of renewable fuels for aviation and land transportation.
The startup Calogena has taken a crucial step forward in its low-power nuclear boiler project for urban heating, submitting an application for approval to the Nuclear Safety Authority (ASN).
Sweden's planned offshore wind farms in the Baltic Sea raise concerns about the country's defense capabilities, according to a military report. A crucial choice emerges between energy needs and national security.
Sweden has recently rejected 13 wind farm projects in the Baltic Sea, citing defense-related security concerns. This decision raises questions about balancing energy needs with national protection.
Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
McPhy Energy reports a 35% increase in revenue for the first half of 2024, driven by the expansion of its electrolyzer activity. The group refocuses on industrial hydrogen production despite operational challenges.
Finnish court orders the seizure of Russian assets in response to a request by the Ukrainian company Naftogaz, as part of enforcing a $5 billion arbitration award for losses in Crimea.
Nordic countries are adopting a flow-based market coupling model, enhancing their energy cooperation with the European Union and asserting their role in Europe’s energy security and green transition.
