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Brazil President Luiz Inácio Lula da Silva (left) and Iberdrola executive chairman Ignacio Galán. Credit: Iberdrola, S.A. Neoenergia, a Brazilian subsidiary of Iberdrola, has renewed three electricity distribution concessions in Brazil, announcing plans to invest nearly 50bn reais ($10.2bn) by…
”New exploration is crucial,” Norwegian Prime Minister Jonas Gahr Støre said as he announced the news in Stavanger on Tuesday morning. At a meeting with top executives from several major oil companies, he announced that the government is now opening…
The Skuodas Wind Farm will have an installed capacity of 161MW. Credit: © 2026 European Energy. European Energy and Mars have signed a long-term power purchase agreement (PPA) covering the majority of electricity produced by the planned Skuodas Wind Farm…
In the global race toward decarbonization, South America stands as both a beacon of potential and a cautionary tale. Brazil, Argentina and Chile, three nations often heralded as leaders in renewable energy, are now confronting a paradox: can an energy…
The war in Iran and the closure of the Strait of Hormuz have pushed oil prices through the roof, which is a boon for the Norwegian oil industry. Norway’s crude oil exports totaled NOK 57.4bn (EUR 5.2bn) in March. This…
In this episode, we examine the escalating pressure on the US offshore wind sector. TotalEnergies has accepted the US government’s $1 billion buyout of its offshore wind projects – what will this mean for the market? We also explore the…
The Medway project allows for electricity to be stored during periods of low demand and supplied when demand peaks. Credit: © 2026 Advantage Capital. Advantage Capital has completed a $158m tax equity investment in the 250MW Medway Grid Energy Battery Storage…
For decades, the United States and Europe cast themselves as leaders of the global energy transition. Instead, China has seized that role through massive industrial policy and relentless investment in clean technology. The world’s largest emitter is now also the…
Equinor begins drilling on its largest international investment Editor Claus Skovholm Tel.: +45 6126 5889 We take responsibility for the content and are signed up to Pressenævnet Subscription Try EnergyWatch or get an offer for a subscription meeting the exact needs…
Under the Energy Release 2.0 framework, Zelestra plans to further develop solar capacity in Italy. Credit: Zelestra. Zelestra has executed bilateral contracts under Italy’s Energy Release 2.0 mechanism, amounting to 1.5 terawatt-hours (TWh) of renewable energy agreements. The company has…
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