Renewable Energy

GE Vernova sales grow 6% to $7.26 bn in first-quarter

GE Vernova has reported $7.26 billion (up 6 percent) for the first quarter ending March 31, 2024. “We delivered solid results with margin expansion across each segment. The energy transition...

Equinor renewable production surges 48% to 774 GWh in first-quarter

Equinor, Norway’s prominent oil and gas producer, has reported operating income of $7.63 billion and net income of $2.67 billion during the first quarter...

GEF Capital Partners Closes $325 mn Fund to Drive Climate Solutions

  GEF Capital Partners, a private equity firm dedicated to climate change and pollution mitigation, has closed its GEF US Climate Solutions Fund II. Surpassing...

TotalEnergies and Oman National Oil Unveil Details of Marsa LNG Project

TotalEnergies and Oman National Oil Company have disclosed additional details regarding the Marsa LNG project. TotalEnergies did not reveal financial details of the project. The announcement...

Trina Storage and Pacific Green Collaborate on 1,500 MWh Energy Storage Project

Trina Storage and Pacific Green have inked a letter of intent (LOI) for a 1,500 MWh energy storage solution project. Trina Storage is slated to...

RTX Partners with ENGIE for Renewable Electricity in Texas Facilities

RTX has announced an agreement with ENGIE North America to power 12 of RTX’s facilities in Texas with 100 percent renewable electricity. The agreement with...

Arevon Energy and MCE Join Forces for Cormorant Energy Storage Project

Arevon Energy has announced an agreement with MCE, an electricity provider, for 188 megawatts (MW) of the Cormorant Energy Storage Project, bolstering California’s energy...

BLUETTI Launches Solar+ Program in Germany Offering Cash Subsidy

BLUETTI, an innovator in renewable energy storage solutions, has introduced the Solar+ program in Germany, offering up to 400,000 euros in cash subsidies. This initiative...

Dominion Energy Launches U.S.’s First Jones Act-Compliant Offshore Wind Installation Vessel

Dominion Energy has announced the launch of “Charybdis,” the United States’ inaugural Jones Act-compliant offshore wind turbine installation vessel. The achievement follows the completion...

Global Debt Crisis Threatens Sustainable Development Goals

A looming debt crisis in emerging economies poses a significant threat to climate adaptation and sustainable development efforts, according to a report released ahead...

Vast Renewables signs contracts with Afry, FYFE, Primero and Worley for VS1 project

Vast Renewables has signed contracts with Afry, FYFE, Primero and Worley to complete Front-End Engineering Design (FEED) on its VS1 project. Vast Renewables, which is specializing in concentrated...