All articles by Aninda Chakraborty
Ørsted divests 50% stake in three US projects to Energy Capital Partners
The divestment, which includes Mockingbird Solar and Sparta Solar and Eleven Mile Solar Center, is valued at $572m
CIP acquires majority stake in Newfoundland wind and hydrogen project
The project is expected to generate more than 4,000 construction jobs and over 400 long term jobs during the operation phase
ExxonMobil unveils plans to 2030, aims substantial growth in earnings and cash flow
The company projects an additional $20bn in earnings and $30bn in cash flow, driven by investments in competitively advantaged projects, operational excellence, and stringent cost and capital management
RWE, TotalEnergies select Eemshaven Port as base for OranjeWind Wind Project
OranjeWind is expected to generate around 3 terawatt hours of renewable electricity annually, sufficient to power more than one million Dutch households
RWE taps HPE Private Cloud AI to improve weather forecast accuracy
RWE’s adoption of HPE’s AI solutions aligns with its strategic growth initiative, Growing Green, which underscores the company’s commitment to the energy transition
Amazon to invest in three utility-scale wind farms in Greece
The three wind farms are Vermio wind farm, divided into Vermio North and Vermio South, located in the Western and Central Macedonia regions, as well as the Mesokorfi and Koukouras wind farms in the Peloponnese region
GE Vernova to supply LM6000VELOX solution for Whyalla hydrogen plant
The LM6000VELOX units feature GE Vernova’s innovative aeroderivative gas turbine solution, which can operate using renewable hydrogen produced at the Whyalla complex
UK and US partner to facilitate deployment of advanced nuclear technologies
Under the agreement, the UK will take a prominent role in a forum dedicated to sharing information on advanced nuclear technologies and ensuring their industrial application by 2030
Saipem secures $1.9bn EPCI contract for GranMorgu project in Suriname
In October 2024, TotalEnergies announced the Final Investment Decision (FID) on the GranMorgu project, located around 150 km off the coast of Suriname
Hot Chili signs three-year option agreement to acquire La Verde copper mine
Last month, Hot Chili initiated an initial drilling programme at La Verde, comprising eleven RC drill holes totalling approximately 4,000m, with one drill rig currently in operation