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Bosnia's Hidroelektrane na Vrbasu Net Profit Down 37% y/y in H1

Παρ, 26 Ιουλίου 2024 - 16:04

Bosnian hydro power producer Hidroelektrane na Vrbasu [BANJ:HELV-R-A] said on Friday its net profit decreased 36.8% year-on-year to 2.8 million marka ($1.6 million/1.4 million euro) in the first half of the year

Abu Dhabi’s Masdar Beats Apollo to Spanish Solar Farm Deal

Παρ, 26 Ιουλίου 2024 - 16:02

Abu Dhabi’s ambitious green energy group Masdar has outbid US asset manager Apollo to win a second major deal in Europe in as many months as the region’s cash-strapped utilities search for ways to fund their renewable projects

Global Coal Demand is Set to Remain Broadly Flat Through 2025

Τετ, 24 Ιουλίου 2024 - 15:10

Despite the rapid expansion of renewables, the huge growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely stable this year and next

Greece’s Solar-Energy Supplies to Expand With €390 Million EIB Financing for DEPA Commercial

Τετ, 24 Ιουλίου 2024 - 15:06

EIB lends Greek energy supplier DEPA Commercial a total of €390 million for new solar parks across the country. EIB financing to support the implementation of the company’s €500 million renewable energy investment plans over the next four years. Planned photovoltaic (PV) parks to boost Greece’s renewable-energy capacity

European Gas Falls to Lowest in a Week as Freeport LNG Restarts

Τρι, 23 Ιουλίου 2024 - 16:51

European natural gas prices declined to the lowest level in a week as supply risks abated with the partial restart of the Freeport LNG plant in Texas

Energean plc: Katlan Final Investment Decision Taken

Τρι, 23 Ιουλίου 2024 - 16:48

Energean plc (LSE: ENOG, TASE: אנאג) is pleased to announce that it has taken Final Investment Decision (“FID”) for the Katlan development project in Israel

Chinese Wind Turbine-Makers Move Into Europe as Trade Tensions Flare

Δευ, 22 Ιουλίου 2024 - 15:15

Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat

Western Balkans Can Leapfrog Gas for Solar, Wind for Energy Transition: Report

Δευ, 22 Ιουλίου 2024 - 15:07

Western Balkan countries have the potential to generate four times more electricity from solar and wind projects than from gas-fired plants, saving at least €9 billion in energy costs and reducing carbon emissions, a new report by the US think tank Global Energy Monitor (GEM) revealed on Tuesday

Russian Games Make Secret Tanker Oil Switching Harder to Trace

Παρ, 19 Ιουλίου 2024 - 18:44

Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman. A supertanker giving a false location

China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch

Παρ, 19 Ιουλίου 2024 - 18:38

China-based CPP-Metron Consortium has pulled out of a contract with the government of Cyprus for the construction of what was to be the island’s first natural gas import terminal, claiming non-payment by the government, the Associated Press reported on Thursday

Nordex Secures Orders for 245 MW of Wind Power from France and Türkiye at the End of June

Πεμ, 18 Ιουλίου 2024 - 18:40

As of the end of June 2024, Nordex Group received orders for 17 projects with a total capacity of 245 MW from its main markets, France and Turkey

Why Chinese Technology Set Off Alarm Bells in Germany

Πεμ, 18 Ιουλίου 2024 - 18:38

Even as the German government moves to bar components made by China's Huawei and ZTE from core parts of the country's 5G networks, some German companies are looking to work with Chinese firms in other critical areas

Romanian Gas Producer Romgaz to Develop IT System for Electricity and Gas Supply

Τετ, 17 Ιουλίου 2024 - 18:39

Romgaz (BVB: SNG), Romania's largest natural gas producer and energy supplier, is expanding its services to include electricity and gas distribution to end-consumers, including household customers

3 Baltic States Serve Notices to Russia, Belarus to Delink from Their Electrical Grids

Τετ, 17 Ιουλίου 2024 - 18:37

The power grid operators of three Baltic states, Estonia, Latvia and Lithuania, on Tuesday officially notified Moscow and Minsk of their withdrawal from the Soviet-era joint BRELL system, which will delink them from Russia and Belarus's electrical grids in February next year

Serbia Reinstates Permits for Rio Tinto's Lithium Project

Τρι, 16 Ιουλίου 2024 - 19:57

Serbia's government said on Tuesday it has reinstated permits for Rio Tinto's $2.4 billion (2.2 billion euro) lithium-borate mine project in the country, days after a court ruling overturned an earlier decree halting the development

EV Drivers Opt for Longer Routes to Avoid Bad Charging Experiences, Report Shows

Τρι, 16 Ιουλίου 2024 - 18:58

EV drivers opt for longer routes to avoid bad charging experiences, report shows