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Jul 21, 2025

ČEZ and Rolls-Royce SMR have signed an agreement for early works at Temelín.

ČEZ from the Czech Republic and Rolls-Royce SMR from the UK have finalized an Early Works Agreement to begin site-specific preparations for possible small modular reactors at the Temelin nuclear power plant. Last year, ČEZ chose Rolls-Royce SMR as its technology partner for the proposed installation of up to 3 GW of capacity through small modular...

Jul 21, 2025

Spain's energy lobby urges an increased proposed return on grid investments.

Spain's competition regulator, CNMC, has proposed increasing the guaranteed return on investments in power grids to 6.46%, but the utility lobby Aelec warned that this will not prevent Spain from losing essential capital to other nations. A significant blackout on April 28 prompted renewed discussions about the investment requirements in Spain's po...

Jul 21, 2025

Exploring Norway's Major Hydropower Initiatives

Norway is set to significantly increase its hydropower capacity through expansion projects and new initiatives. The nation, recognized for its robust and varied energy sector, recently announced a partnership with the U.S. Department of Energy (DoE) to enhance research and development in hydropower for both countries. Norway seeks to boost its hydr...

Jul 21, 2025

Norway's Vaar Energi has found oil and gas in the Norwegian Sea.

Vaar Energi announced on Monday that it has found oil and gas at the Vidsyn prospect in the Norwegian Sea. Initial estimates suggest that the discovery may contain recoverable reserves ranging from 25 million to 40 million barrels of oil equivalent, according to Vaar's statement. The company plans to assess the discovery and may develop it as a...

Jul 21, 2025

Entech acquires 100 MWp of solar projects in France.

French renewable energy company Entech announced the acquisition of a portfolio of agrivoltaic and ground-mounted solar projects in development across France, totaling around 100 MWp in capacity. The assets were acquired from a prominent international energy company for EUR 1.4 million (USD 1.63 million), although the company's name was not revea...

Jul 21, 2025

The EU is reportedly aiming for a 100% electric vehicle quota for fleets by 2030.

Bild am Sonntag reported plans for a 100% electric vehicle (EV) quota for rental car providers and company fleets for new acquisitions starting in 2030. The EU Commission is expected to present this proposal in late summer, initiating the parliamentary process. This isn't a new topic; in March, the Commission revealed draft legislation to boost th...

Jul 21, 2025

Enviromena acquires a 30-MW solar project in the UK that has received full permits.

UK-based independent power producer Enviromena announced today that it has acquired a fully-consented 30-MW solar photovoltaic (PV) project in England from Luxembourg's RE Infrastructure. Financial details of the transaction were not disclosed. The Steeraway Solar Farm project involves building a PV park in Shropshire County, West Midlands, expec...

Jul 21, 2025

OPEC is strategizing for the long term.

OPEC's leader, Haitham al Ghais, stated last month in Canada that there is no anticipated peak in oil demand, as it will continue to rise with global population growth, and OPEC is prepared to meet this demand. A month later, Reuters reported that strong demand is outweighing the effects of a higher-than-expected OPEC+ output increase for August,...

Jul 21, 2025

Boom Power obtains approval for a 30-MW solar facility in England.

British solar developer Boom Power has received planning approval for a 29.7-MW solar park in West Yorkshire, England, which aims to provide renewable energy for over 11,700 homes. The Wakefield Planning Committee issued the permit for the Woolley Solar Farm, located near the village of Woolley in Wakefield, covering approximately 55.3 hectares (13...

Jul 21, 2025

Poland announces a significant oil and gas find in the Baltic Sea.

The Canadian company Central European Petroleum announced on Monday the discovery of the largest conventional oil field in Poland. Located in the Baltic Sea, six kilometers from the northwestern port of Swinoujscie, the Wolin East field is estimated to hold 22 million tons of recoverable hydrocarbons and 5 billion cubic meters of commercial-grade n...

Jul 21, 2025

Hungary and Serbia have announced a new oil pipeline to circumvent EU energy restrictions.

Hungary and Serbia are collaborating on a new oil pipeline to ensure affordable energy supplies as the EU seeks to reduce reliance on Russian energy, announced Hungarian Foreign Minister Peter Szijjarto on Monday. The pipeline is expected to have an annual capacity of 4-5 million tons and is set to be operational by 2027, with Hungary constructing...

Jul 21, 2025

OVO Energy is set to revitalize UK wind farms by launching a new renewable energy division.

OVO Energy has launched OVO Renewables, a new division aimed at repowering existing onshore wind farms in the UK, marking its entry into the energy generation sector. The initiative requires an initial investment of hundreds of millions of pounds and could ultimately provide up to 500 MW of electricity, enough for around 400,000 households. OVO Re...

Jul 21, 2025

Akola Group postpones the building of a biomethane facility in Lithuania.

Baltic agricultural and food production leader AB Akola Group has announced a temporary delay in the construction of its biomethane plant in Lithuania's Kaišiadorys district, while emphasizing the project's significance to its sustainability strategy. The €19.4 million initiative, managed by its subsidiary AB Kaišiadorių paukštynas, was intended ...

Jul 21, 2025

Cubico moves forward with a 147-MW solar and BESS project in the UK for planning review.

Cubico Sustainable Investments, a UK-based renewables investor, has progressed with plans for the 147-MW Frodsham Solar project in Cheshire, as the UK Planning Inspectorate has accepted the application for examination. Located north of Frodsham and next to an existing wind farm, the project also features a 100-MW battery energy storage system (BE...

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