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BlueFloat Energy strengthens partnerships for Taiwan’s floating wind demonstration programme

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BlueFloat Energy has secured strategic collaborations with Taiwan’s Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society to support its bid for Taiwan’s floating wind demonstration programme. These partnerships will enhance the company’s project development capabilities in the region. In addition, BlueFloat Energy signed a memorandum of understanding with National Taiwan University’s Ocean Center to conduct a comprehensive morpho-dynamic study for its Winds of September project. This study will analyze Taiwan’s marine…

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Italy’s nuclear revival is imperative, World Nuclear Association says

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Italy, the only G8 country without an operational nuclear power plant, is advancing toward reversing its nearly four-decade-long ban on nuclear power. After the 1987 shutdown of its four reactors following the Chernobyl disaster, public opposition to nuclear energy has been strong. Despite attempts to revive nuclear energy in the past, including a failed 2008 initiative, the ban remained in place. In May 2023, Italy’s lower house of parliament passed motions asking the government to…

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Sweco to design one of Europe’s largest energy storage projects in Belgium

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Sweco has been selected to design the Green Turtle project in Belgium, one of the largest battery energy storage systems (BESS) in Europe. The Swedish engineering consultancy will partner with Dutch energy storage company GIGA Storage to develop the 700 MW facility, which will have a storage capacity of 2.8 gigawatt-hours. The project aims to store renewable energy for release during periods of low solar and wind generation, reducing Belgium’s dependence on gas-fired power plants,…

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Equinor acquires 9.8% stake in Ørsted, becoming second-largest shareholder

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Norwegian energy giant Equinor has acquired a 9.8% stake in Danish renewable energy company Ørsted, valued at $2.5 billion. This transaction, involving 41,197,344 shares, makes Equinor Ørsted’s second-largest shareholder. Equinor plans to increase its stake to 10%, pending regulatory approvals but does not intend to grow the stake further. Ørsted, with a renewable generation capacity of 10.4GW, is developing offshore wind projects totalling 7GW and aims to achieve a capacity of 35-38GW by 2030. Equinor…

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NKT secures contract to supply power cables for Dutch grid upgrade

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NKT has signed a significant framework agreement with Dutch distribution system operator Enexis Netbeheer to supply medium voltage (MV) power cables.   Starting in mid-2025, NKT will deliver 600km of MV power cables annually until 2033, with an option for a four-year extension. The cables will be produced primarily at NKT’s factory in Asnaes, Denmark, which is undergoing expansion to meet growing demand. Enexis, which manages over 150,000 km of electricity cables, aims to lay several…

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CIP approves investment for 220MW battery energy storage system in Chile

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Copenhagen Infrastructure Partners (CIP) has made a final investment decision on the 220MW Arena Battery Energy Storage System (BESS) in Chile’s Antofagasta region. This project, funded through CIP’s Growth Markets Fund 2, will store 1100MWh of energy and is strategically located near key transmission infrastructure and industrial clusters. The Arena BESS will shift excess solar power generated during the day for use at night, contributing to the integration of solar energy into Chile’s grid. As…

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RWE, TotalEnergies partner for 4 GW offshore wind projects off German coast

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RWE has partnered with TotalEnergies to develop two offshore wind projects with a combined capacity of 4GW off the coast of Germany. TotalEnergies will acquire a 50% equity stake in both projects, marking a significant collaboration in renewable energy. The projects, identified as N-9.1 and N-9.2, are located between 110km and 115km northwest of Borkum Island. Each site has a potential capacity of 2GW. Investment decisions are expected in 2027 for N-9.1 and 2028 for…

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Kazakhstan votes to initiate nuclear energy development

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Kazakhstan has voted in favour of developing nuclear energy, with 71.12% of voters supporting the construction of nuclear power plants, according to preliminary results from the Central Election Commission. Of the 7.8 million voters, the majority agreed to the proposal in the referendum held on 6 October. President Kassym-Jomart Tokayev emphasized the need for an international consortium with advanced technology to work in the country, highlighting nuclear energy as a sustainable solution for Kazakhstan’s growing…

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Nordex Group secures 500MW wind turbine orders in Canada

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Nordex Group has received orders for wind turbines totalling 500 MW for undisclosed projects in Canada, scheduled for delivery in 2025 and 2026. The orders include 74 N163 turbines, each equipped with the Nordex Advanced Anti-Icing System to ensure high performance during Canada’s harsh winters. The company also secured long-term service agreements ranging from 15 to 30 years. Nordex has previously sold nearly 1.2GW of turbines across Canada and brings its expertise in cold climate…

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SSE Renewables begins construction on 320 MW BESS project in UK

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SSE Renewables has commenced construction on its largest battery energy storage system (BESS) at Monk Fryston, North Yorkshire. The 320MW facility will be one of the largest in the UK, providing electricity for over half a million homes for up to two hours during periods of high demand upon completion in early 2026. The groundbreaking ceremony included representatives from SSE Renewables, Morrison Energy Services, and Sungrow, the energy storage supplier. Sungrow’s advanced storage solutions will…