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Oct 10, 2025

GoldenPeaks and Envision have entered into a 1GWh storage agreement.

GoldenPeaks Capital has entered into a Memorandum of Understanding with Envision to provide 1GWh of advanced battery energy storage projects throughout Europe. This agreement, signed in London by top executives from both companies, represents a significant milestone in GoldenPeaks Capital’s efforts to expand its energy storage portfolio using Envi...

Oct 10, 2025

Elawan secures a 92MW wind energy project in Romania.

Elawan Energy has won two wind power projects in Romania's recent public auction, totaling 92MW of capacity, secured through a 15-year Contract for Difference (CfD) with the Romanian government. This award ensures long-term revenue certainty and represents a significant step towards the construction of both projects, which are ready to build and ...

Oct 10, 2025

Voltalia begins operations at the 45MW Clifton solar plant.

Voltalia has initiated power generation at its 45MW Clifton solar plant in Dorset, south-west England. Situated near Yeovil, the plant will generate enough renewable energy to cover the yearly needs of over 10,600 households, while preventing 11,600 tonnes of carbon dioxide emissions. Clifton obtained a 20-year Contract for Difference during the...

Oct 10, 2025

Last turbine set up at the SSE Italy location.

SSE has finished installing turbines at its 17MW onshore wind farm in Puglia, southern Italy. Construction at the Castel Favorito and Masseria la Cattiva sites began six months ago, and all five Siemens Gamesa SG132-3.4MW turbines have been installed on schedule. SSE Renewables engineers led the effort in collaboration with turbine supplier Siemens...

Oct 10, 2025

Norwegian Company Grows Its Operations Beyond Europe as Tokyo Gas Begins Utilizing Its Digital Platform for Offshore Wind Farm Projects.

Tokyo Gas has started using a digital platform for offshore wind project development from Vind AI. The Norwegian tech company claims that its platform allows developers to create business cases for offshore wind projects more than five times quicker. Vind AI’s platform aids developers in assessing and designing wind power projects, combining data,...

Oct 10, 2025

Oil drops 1.6% following the Gaza ceasefire.

Oil prices declined on Thursday after Israel and Hamas reached a ceasefire agreement in Gaza. Brent crude futures fell by $1.03, or 1.6%, to $65.22 a barrel, while U.S. West Texas Intermediate crude dropped $1.04, or 1.7%, to $61.51. The ceasefire, which includes the release of Israeli hostages and a partial Israeli withdrawal from Gaza in exchang...

Oct 10, 2025

In September, 42% of electricity came from renewable sources.

Provisional data from EirGrid indicates that approximately 42% of electricity in September was generated from renewable sources. Wind farms produced the majority of this renewable energy, contributing to 34% of all electricity consumed in Ireland. Wind energy generation reached 920 gigawatt-hours (GWh), up from 776 GWh in September of the previous ...

Oct 10, 2025

Low wind production increases Monday spot prices.

The Monday spot price is anticipated to increase due to a significant drop in regional wind energy supply. Data from LSEG indicates that German baseload electricity contracts for Monday reached 145 euros per Megawatt-hour at 0912 GMT on Friday, a 51.8% rise from Thursday’s close. The corresponding French contract was not traded. LSEG analyst Riccar...

Oct 10, 2025

European gas prices have decreased because of robust LNG supply and increasing demand.

Wholesale gas prices in the Netherlands and the UK dropped on Friday morning, as ample liquefied gas supply countered rising heating demand. According to LSEG data, the benchmark Dutch front-month contract fell by 0.44 euros to 31.95 euros per megawatt hour, or $10.84/mmBtu as of 0915 GMT. The Dutch day-ahead contracts decreased by 0.67 euros to ...

Oct 10, 2025

Norway's electricity supply to Europe is at risk due to low hydroelectric levels.

Low water levels in Norway's main southern reservoirs are increasing the risk of tight power supplies across northwest Europe this winter as hydro exports decrease. Reservoirs in Norway's NO2 price zone, connected to the UK and Germany, are 67% full, about 17 percentage points lower than last year, according to the Norwegian Water Resources and En...

Oct 10, 2025

Palfinger's specialized nacelle cranes elevate Vestas' 15MW turbine operations.

Austrian manufacturer Palfinger Marine has begun supplying nacelle cranes for 15 MW offshore wind turbines being constructed by Danish company Vestas. As a primary supplier for Vestas, Palfinger Marine has provided service cranes for the V236-15MW model since late 2024, following collaborative development and extensive prototyping and testing. The ...

Oct 10, 2025

MOL will provide additional oil and fuel to Serbia in light of the sanctions.

Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó, stated that Serbia can expect an increase in oil and fuel supplies from MOL, given that NIS is now under U.S. sanctions. However, he cautioned that this supply cannot completely replace the volumes previously received via Croatia, highlighting the risks of reliance on a single oil pi...

Oct 10, 2025

Slovakia's Fico cautions against prohibiting Russian nuclear activities.

Slovak Prime Minister Robert Fico stated on Tuesday at a conference in Bratislava that an EU ban on Russian nuclear fuel would pose "the biggest danger" and a direct threat to Europe's energy security. He also announced the approval of a deal to construct an American reactor. Countries like Slovakia, Bulgaria, Czechia, Finland, and Hungary generat...

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