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Feb 12, 2025

RWE activates a 16-MW solar power plant in Saxony.

Germany’s RWE AG has launched a 16-MW/20-MWp solar park in the eastern state of Saxony, with expectations to produce around 21 million kWh each year.The energy giant announced on Tuesday that the Schonau plant marks its first solar installation in Saxony. Featuring approximately 36,000 bifacial photovoltaic (PV) modules, the facility is p...

Feb 12, 2025

Exagen receives approval for UK photovoltaic and storage project.

Exagen has received approval for the 109MW Holly Lane Energy Park located in the West Midlands.The project features a solar farm with an approximate output of 34MWp and a battery energy storage system with a capacity of 75MW.The solar farm is expected to provide energy equivalent to the yearly electricity needs of 9,200 UK house...

Feb 12, 2025

Axpo forms a partnership for photovoltaic projects in Germany.

Axpo and Raiffeisen Waren-Zentrale Rhein-Main (RWZ) have formed a partnership to develop solar parks in Germany.A service framework outlines their cooperation: RWZ will manage outreach to landowners and related contract negotiations, while Axpo will take charge of the development, construction, and operation of the solar facilities.<...

Feb 12, 2025

TotalEnergies has finalized a 10-year agreement to supply LNG to India's GSPC.

TotalEnergies, the French oil giant, has entered into an agreement to provide the Gujarat State Petroleum Corporation with 400,000 metric tons of liquefied natural gas each year, starting next year, as announced by the companies on Wednesday.This deal with the Indian state-owned company was revealed during India Energy Week and consists o...

Feb 12, 2025

Shell has received approval for the Ormen Lange 3 gas field in Norway.

Norway's Ocean Industry Authority announced on Wednesday that it has granted permission to Gassco and Shell to commence production from the third phase of the Ormen Lange gas field.The project's aim is to raise the recovery rate from the Ormen Lange field to 85% of the total resources, up from the previous 75%, while also speeding up gas ...

Feb 12, 2025

OPEC maintains its forecasts for global oil demand growth in 2025 and 2026.

On Wednesday, OPEC maintained its forecast for robust growth in global oil demand in 2025, attributing this to support from air and road travel, while stating that potential trade tariffs are not expected to hinder economic growth. In its monthly report, the Organization of the Petroleum Exporting Countries estimated that global oil dema...

Feb 12, 2025

Equinor is moving forward with the Rosebank oil and gas project in the UK.

Norwegian oil and gas producer Equinor will move forward with the development of its Rosebank oil and gas field, as stated by the company's UK manager on Wednesday during an energy conference in New Delhi.Equinor, along with its partner Ithaca Energy, aims to develop the Rosebank oil and gas field; however, the proposal for one of Britain...

Feb 12, 2025

Croatia is contemplating the development of nuclear power facilities.

Croatia has established a working group to formulate nuclear energy legislation and examine potential sites for nuclear power facilities, according to the economy ministry."Our nuclear agenda is focused on decreasing CO2 emissions and guaranteeing Croatia's long-term energy independence," stated economy minister Ante Susnjar in a press re...

Feb 12, 2025

The trade policy of the United States introduces uncertainty into the oil market.

Opec announced today that the new trade policies of the US have introduced "greater uncertainty" into the global oil markets.This uncertainty "could lead to supply-demand mismatches that do not align with market fundamentals, potentially causing increased volatility," Opec stated in its recent Monthly Oil Market Report (MOMR).Th...

Feb 12, 2025

The initial renewable energy facility of Amazon in Poland has begun its operations.

Amazon Poland announced on Thursday that the first of four renewable energy projects, which combine solar and wind power for a total of 140 MW, is now operational.The facility currently generating power is an 87-MW photovoltaic (PV) farm located in Miłkowice, which is in the southwestern province of Lower Silesia. In 2022, Amazon entered ...

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