Renewable Energy

Squadron Energy buys CWP Renewables

Squadron Energy has acquired CWP Renewables in order to enhance its renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline...

Eco Wave Power plans $150 mn wave energy plant in Turkey

Eco Wave Power Global has entered into an agreement with OREN Ordu Enerji, a subsidiary of Ordu Municipality, for the construction of an up...

Air Products and AES plan $4 bn green hydrogen plant in Texas

Air Products and AES Corporation announced plans to invest approximately $4 billion to build a green hydrogen production facility in Wilbarger County, Texas. This renewable power to hydrogen...

Long-duration storage energy projects attract $58 bn in investment

Long-duration storage energy (LDES) projects have attracted more than $58 billion in commitments made by governments and companies since 2019. These projects would lead to...

Wartsila inks contract with EDF for energy storage facility in UK

Wartsila announced its contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in Sundon, Bedfordshire, UK. The 50 MW...

US revises forecasts for natural gas production in 2023

The U.S. Energy Information Administration (EIA) revised its forecasts for U.S. natural gas production in 2023, expecting it to average more than 100 billion...

Renewable power capacity to double in five years: IEA

Installations of renewable power capacity worldwide are set to almost double in the next five years, overtaking coal as the largest source of electricity...

Meta signs PPA with DE Shaw Renewable’s Long Lake Project

DE Shaw Renewable Investments (DESRI), a renewable energy producer in the U.S., announced the signing of a renewable energy off-take agreement with Meta. The Long Lake...