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UK offshore wind dominance under threat 'in next decade'

Rise of China and US plays to challenge British primacy, as fast-growing sector grows share of global wind power build-out, says Fitch Solutions

read more... 07/11/2019

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KORE Power plans 10-GWh battery production plant in US

US energy storage solutions provider KORE Power on Tuesday unveiled plans to build a US factory that will produce lithium-ion batteries for its Mark 1 energy storage systems.

read more... 23/10/2019

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Aker Energy secures funding for offshore oil project in Ghana

Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has decided to finance Aker Energy’s deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate in follow on fund raising activities.

read more... 16/07/2019

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PGNiG on route to production form Ærfugl gas reservoir in Norwegian Sea

The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.

read more... 06/06/2019

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FirstEnergy takes unwelcome step towards plant closures

FirstEnergy Solutions Inc (FES) has taken its next step towards the closure of three nuclear power plants, filing plans related to the decommissioning with the US Nuclear Regulatory Commission (NRC). The Beaver Valley, Davis-Besse and Perry plants are scheduled to close during the next three years unless legislative policy solutions can be found to keep them operating.

read more... 17/08/2018

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