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May 19, 2026

BMW and Solarwatt are launching a vehicle-to-home solution.

The German car manufacturer BMW has broadened its partnership with Solarwatt, a provider of solar energy solutions, allowing electric vehicles (EVs) to serve as extra storage units at home. On Monday, BMW announced the upcoming launch of its first models in the Neue Klasse, the BMW iX3 and BMW i3, featuring bidirectional charging technology. With ...

May 19, 2026

Oil prices drop almost 2% as Trump postpones planned strike on Iran.

Oil prices dropped nearly 2% on Tuesday in early Asian trading after U.S. President Donald Trump announced a pause in a planned attack on Iran to facilitate negotiations aimed at ending the Middle East conflict. Brent crude for July delivery decreased by $1.98, or 1.8%, to $110.12 a barrel at 0628 GMT, while U.S. West Texas Intermediate crude for...

May 19, 2026

Nordex secures 82 MW turbine contracts from Germany's WNE.

German wind turbine manufacturer Nordex SE has been commissioned by fellow German company Westfaelisch-Niedersaechsische Energie GmbH & Co KG (WNE) to provide equipment for 82 MW of projects in Germany. The agreements include the supply and installation of 12 units of the N175/6.X turbines, along with 20 years of servicing, as stated by Nordex on ...

May 19, 2026

Kazakhstan's thermal coal production decreases by 2% from January to April.

Kazakhstan's thermal coal output decreased by 2% year-on-year to 35.38 million tons from January to April, as the energy ministry aims to increase production and investments to achieve its annual goal following a sluggish start to the year. In April, thermal coal production dropped by 2.3% compared to last year, totaling 7.67 million tons, and it ...

May 19, 2026

Germany begins the sales process for the bailed-out energy company Uniper.

Germany has initiated the sale process for the state-supported energy company Uniper, setting the stage for a potential major deal in Europe this year. The German government had to nationalize Uniper during the 2022 energy crisis, spending a total of 13.5 billion euros ($15.7 billion) to prevent its failure after Gazprom, its main gas supplier, hal...

May 19, 2026

Dollar remains stable as bond sell-off halts, Japanese yen declines despite robust GDP.

The dollar stabilized on Tuesday as a downturn in the bond market paused, while the yen weakened following data indicating that Japan's economy grew more than anticipated in the first quarter. Overall currency markets were cautious due to declining oil prices and hopes for reduced tensions in the U.S.-Iran conflict, providing only minimal relief....

May 19, 2026

MaxSolar launches a 37.6-MW solar park for a German utility.

German developer MaxSolar GmbH has successfully launched a 37.6-MW solar park in Bavaria for the municipal utilities company Stadtwerke Munchen GmbH. The Zengermoos photovoltaic (PV) farm is anticipated to produce approximately 42,000 MWh of power annually, which is sufficient to meet the needs of around 16,800 households, according to MaxSolar's ...

May 19, 2026

Permit granted for the second phase of Grohnde decommissioning work.

PreussenElektra has obtained the second and final authorization required for the decommissioning of the Grohnde nuclear power facility in Germany. The company, a subsidiary of EOn Group, sought permission in October 2017 to decommission the 1,360 MWe pressurized water reactor, which began operations in February 1985 and was shut down in December 2...

May 19, 2026

Britain's energy price cap will increase by 13% in July.

Analysts at Cornwall Insight announced on Tuesday that the energy price cap in Britain is expected to increase by approximately 13% in July compared to current levels. Starting in July, energy bills for an average dual-fuel household are projected to rise by £209 ($280), bringing the annual cost to £1,850. This new cap indicates a 13% rise from t...

May 19, 2026

KGAL sells 16 MW solar park in Italy.

KGAL’s ESPF 5 fund has sold the 16MW Spalletti solar park in Italy to Altea Green Power. The company noted that the asset is situated in the Emilia-Romagna region near Parma and began operations in early 2024. KGAL mentioned that it acquired the project in 2021 when it was ready to build and managed its development until it became operational. T...

May 19, 2026

Concrete pouring for the first phase of the Cernavoda refurbishment project is finished.

Romania's Nuclearelectrica has announced that it has finished pouring concrete for the foundation of the Intermediate Radioactive Waste Storage Facility, which is part of the refurbishment project for Cernavoda unit 1. Approximately 3,470 cubic meters of concrete were used for the foundation, equating to around 380 concrete mixer truck loads. This...

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