Orsted and a consortium of Danish companies have formed a landmark partnership to develop an industrial-scale transport fuel production facility in the Copenhagen area that will be powered by offshore wind in the Baltic Sea.
read more... 26/05/2020
The first phase of the project will see the capture of 1.5 million tonnes of CO2 per year and its permanent storage 2,500 metres below the seabed in the North Sea.
read more... 19/05/2020
A consortium led by French utility Engie SA is to acquire the Portuguese hydropower portfolio of Energias de Portugal SA, with a total capacity of 1.7 GW, for EUR 2.2 billion (USD 2.4bn).
read more... 23/12/2019
Bulgaria’s national gas transmission company Bulgartransgaz and Saudi-led engineering consortium Arkad have signed a construction contract worth 1.1 billion euros to extend Russia’s TurkStream pipeline which will deliver Russian gas to Europe bypassing Ukraine, the Associated Press has reported.
read more... 20/09/2019
Norway’s Equinor ASA Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have signed a consortium agreement for the development of a 200-MW floating offshore wind project in South Korea.
read more... 10/07/2019