Ithaca Energy Bolsters North Sea Dominance with £754M Eni Acquisition

Ithaca Energy purchased most of Eni’s British oil and gas assets for £754 million (US$993 million),…

Japan Balances Nuclear Restart for Energy Security

Japan’s new Minister of Economy, Trade, and Industry, Yoji Muto, reaffirmed its commitment to restarting its…

Germany Amplifies Battery Storage to Power Renewable Future

Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…

Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles

Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…

SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation

SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…

Masdar Accelerates European Renewable Energy Expansion

Masdar, a key renewable energy company, increases its footprint in Europe. Owned by ADNOC, Mubadala Investment…

Zelestra Powers Colombia’s Energy Future with $200M Solar Park

Spanish renewable energy company Zelestra launched its first solar park in Colombia, marking a critical step…

China Transforms Kubuqi Desert into Solar Powerhouse

Kubuqi Desert, Inner Mongolia: Once called the “Sea of Death” for its harsh conditions, the Kubuqi…

KGAL Fund Backs 1,050 MW Green Hydrogen Hub to Boost Germany’s Energy Independence

The KGAL ESPF 6 fund will develop a 1,050 MW green hydrogen production hub in Lubmin.…

Shell Halts Norway Blue Hydrogen Project Amid High Costs

Shell will no longer pursue its blue hydrogen project in Aukra, Norway, citing high costs and…