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Mar 13, 2026

Saudi Arabia is selling 2 million barrels from the Red Sea.

Saudi Arabia has announced a tender for two million barrels of its main Arab Light grade for loading this month from the Yanbu Red Sea port, as reported by Reuters, referencing unnamed traders. This marks Saudi Arabia's fourth oil tender in its effort to shift crude supply from the Persian Gulf to the Red Sea. The country has redirected onshore Ar...

Mar 13, 2026

BKW aims to acquire a majority stake in the French green energy provider Volterres.

Swiss energy company BKW AG is in talks to acquire a majority interest in French green energy provider Volterres from its parent, solar developer Sun'R. The negotiations involve the 65% stake owned by Sun'R, which is a subsidiary of the French construction and concessions firm Eiffage. The financial details of the proposed deal have not been reve...

Mar 13, 2026

In 2025, renewables will make up 68.9% of Spain's power generation capacity.

Spain's overall power generation capacity reached 142.5 GW in 2025, marking a 7.3% increase from the prior year, primarily due to new renewable energy sources, according to a summary of the key statistics by grid operator Red Electrica de Espana (REE) covering the last 12 months. The country saw an addition of approximately 10 GW of new capacity f...

Mar 13, 2026

Welsh Government Supports Marine Power Systems' Floating Wind Technology with £8 Million.

The Welsh government has allocated GBP 8 million (around EUR 9.4 million) to Marine Power Systems (MPS) to aid in the commercialisation of its floating offshore wind technology. The company stated that this funding will expedite the deployment of its PelaFlex platform, a floating wind solution tailored for deep-water locations where traditional fi...

Mar 13, 2026

Nexwell Power obtains funding for a 250MW solar portfolio in Spain.

Renewable energy investment platform Nexwell Power has secured €167 million (US$191 million) in multi-tranche project financing for a 248MW solar PV portfolio located in Spain. This funding will support the company's expansion of renewable energy initiatives in the country later this year. The portfolio includes seven solar PV plants situated in ...

Mar 13, 2026

RWE sells a 350 MW offshore wind project in Poland to PGE.

Germany's RWE has finalized the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea to PGE Polska Grupa Energetyczna (PGE), making PGE the sole owner of the 350 MW project. The offshore wind farm is set to be constructed about 50 kilometers north of the Polish town of Ustka. This deal comes after an agreement between the t...

Mar 13, 2026

Grenergy is applying for permits for a 48.3-MW BESS project in Spain.

Grenergy Renovables SA, a Spanish renewable energy firm, is applying for permits to install a 48.26-MW battery energy storage system (BESS) in a small town in Galicia, northwestern Spain, as reported by the regional gazette. The company has submitted a request for approval and a construction permit to establish the battery and medium-voltage evacu...

Mar 13, 2026

Cloudberry will enter Finland by acquiring a stake in a 132-MW wind farm.

Norwegian renewable energy company Cloudberry Clean Energy ASA is expanding into Finland by agreeing to acquire a 50% interest in a 132-MW onshore wind farm that has been in operation since 2022. The stake will be purchased from Sampi Renewables Holding AS at an enterprise value of EUR 75 million (USD 65.4 million) without any cash or debt obligat...

Mar 13, 2026

Slovenia will invest EUR 174 million in electricity networks.

An investment of EUR 174 million in updating Slovenia's transmission and distribution networks is anticipated to enhance their capacity and reliability, as well as facilitate quicker incorporation of renewable energy sources. The projects involving the five distribution system operators (DSOs) and the transmission system operator (TSO) will receiv...

Mar 13, 2026

Nuclear power is expedited through the revision of rules and regulations.

The government has announced extensive reforms to expedite nuclear development in the UK after a review indicated that the existing regulatory framework is too slow and excessively bureaucratic. Officials claim the changes will simplify planning and regulations to expedite new nuclear initiatives while preserving environmental safeguards. This re...

Mar 13, 2026

TotalEnergies resumes operations at Libya's Mabruk oil field after a ten-year shutdown.

TotalEnergies has resumed operations at the Mabruk oil field in Libya, reopening the onshore site after more than ten years of inactivity. Situated in concession C17 approximately 130 km (81 miles) south of Sirte, the field had been non-operational since 2015. TotalEnergies has a 37.5% stake in the venture. Production recommenced after launching ...

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