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Slovak power plant sues state over historic loss

Electricity producer Slovenské elektrárne recorded the second-highest loss for a Slovak company in a decade and is suing the state for making it sell at a loss to customers.

read more... 02/06/2023

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World’s largest green hydrogen plant reaches financial close

Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.

read more... 26/05/2023

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EU lawmakers consider profit cap in case energy prices resurge

Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.

read more... 16/05/2023

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Northvolt to build multi-billion-euro battery plant in Germany

Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.

read more... 15/05/2023

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BP sees investment decision on Teesside carbon capture projects in 2024

BP expects to make a final investment decision in 2024 on a cluster of carbon capture projects in northern England, including a gas-fired power plant in Teesside, it said on Tuesday.

read more... 10/05/2023

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