Category: Power & Energy
Power & Energy
The world’s biggest operational offshore wind farm, reportedly named as Walney Extension, is officially open for operations. As per trusted sources, the project has been built by the Danish power company Ørsted. The wind farm is reportedly located off the northwestern coast of England in …
Power & Energy
The Norwegian hydropower firm Statkraft has reportedly announced to have acquired the stakes of its joint venture partner Agder Energi in Statkraft Agder Energi Vind (SAE Vind), a wind power development company. As per trusted sources, both the firms have agreed not to disclose the …
Power & Energy
Xcel Energy, the energy company that provides powers to millions of homes and businesses launched an ambitious plan to double the share of renewable energy it generates. This plan has been recently approved by the Public Utilities Commission of Colorado as the regulatory body voted …
Power & Energy
WinGD, GTT, and Wärtsilä, three of the major technology companies operating in the marine sector, have announced to have formed a partnership to foster the utilization of LNG (liquified natural gas) fuel as a viable alternative for ship owners and operators. As per trusted sources, …
Power & Energy
Venezuelan state-owned oil and natural gas company Petróleos de Venezuela, SA (PDVSA) has reportedly signed a service contract with Shell Venezuela, SA. According to sources, the deal is targeted at the exploitation of natural gas in the northern region of the state of Monagas. Reportedly, …
Power & Energy
Santos, Adelaide based oil and gas company, has reportedly agreed to buy the privately owned West Australian oil and gas producer Quadrant Energy for $2.15 billion. Sources familiar with the development claim that the deal will make Santos a key player in the domestic gas …
Power & Energy
The Germany-based Bosch Group has reportedly signed an agreement with fuel cell company Ceres Power to develop next-gen solid oxide fuel-cells. As per sources, Bosch will be taking a 4.4% equity stake in Ceres. For the uninitiated, Bosch possesses 440 subsidiaries & regional companies across …
Power & Energy
The University of New South Wales (UNSW) Sydney has reportedly come to the forefront of wind power research with renowned researcher Professor Joe Dong declaring the successful procurement of $2 million. The funding, as per sources, has been sourced from Goldwind, the largest Chinese wind …
Power & Energy
Arcadia Power, a U.S. based home energy platform that provides clean energy and savings, has raised $25 million in a funding round recently, and will look to advance its distributed renewable energy services. Citing reliable sources, the company will use this funding to intensify its …