Equinor Backs Orsted’s $9.4bn Capital Raise Amid US Offshore Wind Challenges

Equinor, majority-owned by the Norwegian state, supports Orsted’s bold plan to secure financial strength and expand…

Port Harcourt Named Nigeria’s Energy Capital

Port Harcourt energy capital has officially been declared by the Rivers State Government, placing the city…

Orsted Shares Sink to Record Lows after US Halts Wind Farm Off Rhode Island

Shares in Orsted plunged 17 per cent after U.S. halted the Danish company’s Revolution Wind project off…

Germany’s Luxcara May Drop Chinese Turbine Deal for North Sea Wind Farm

Germany’s Luxcara said it may switch to Siemens Gamesa turbines for its 300-megawatt Waterkant wind farm,…

Europe’s Battery Storage Problem Turns into Opportunity for Traders

In 2024, total battery storage installations in Europe went up by 11.9 GW to a total of 89…

Germany’s No-Subsidy Offshore Wind Auction Flops with No Bids Filed

Germany’s latest offshore wind auction without government subsidies failed to attract a single bid, alarming the…

Power Dialogue: Experts Urge Reforms for Renewable Energy Integration in Nigeria

At the 9th anniversary and 108th edition of Nextier Power Dialogue, energy experts, regulators, and stakeholders gathered…

Treaty Oak Clean Energy Secures $300m For Renewables Pipeline

U.S.-based independent power producer Treaty Oak Clean Energy has secured $300 million in corporate financing to…

Adani Green Energy Reports Higher Quarterly Profit Driven by Strong Power Sales

India’s Adani Green Energy reported a 31 per cent jump in first-quarter profit, driven by an increase…

Blue Float Energy Abandons $10 billion Gippsland Dawn offshore wind proposal

Blue Float Energy, the developer of a proposed $10 billion Victorian offshore wind farm, has abandoned…