Trade and investment agency AICEP, an independent public entity of the government of Portugal, has awarded a Potential National Interest (PIN) status to the GreenH2Atlantic project, which is developing a 100 MW green hydrogen production unit in Sines, Portugal. Martifier Group, one of the developers
Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.
Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.
Two European gas trading companies have been fined a total of €4.8 million by the Spanish National Markets and Competition Commission (CNMC) for failing to comply with the LNG unloading programs in Spanish regasification companies. On 22 December, the CNMC informed it had sanctioned RWE Supply & Tra
Sara Kärki from transmission system operator (TSO) Gasgrid Finland and Maria Sicilia from TSO Enagás are the two new chairwomen of the European Hydrogen Backbone (EHB) consortium. “Hydrogen is a key technology for diversifying energy supply, improving energy security and resilience of the European e
Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.
OMV Norge and its partners have submitted the plan for development and operation (PDO) for the Berling gas field, previously known as Iris Hades, to Norway’s Ministry of Petroleum and Energy. The Berling field, which stretches across three licenses with aligned ownership interests (PL644, PL644B and
European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government
Two yards from Turkey have been removed from the EU List of Ship Recycling facilities as they failed to meet the requirements of the union’s ship recycling regulation. The European Commission said that one yard failed to sufficiently protect its employees’ working conditions, and the other was de-li
European energy ministers have reached a political agreement under which the price of natural gas in the European Union will be capped in case it reaches excessive levels that do not reflect world market prices. The mechanism will be automatically activated in case the month-ahead price on the Title
Norwegian company Ocean Sun has received a grant from the Research Council of Norway to further develop its floating solar technology.
Finland’s largest shipbuilder Meyer Turku is getting an €80 million ($85 million) financial lifeline from the Finnish government to overcome liquidity challenges caused by the ongoing geopolitical situation caused by Russia’s war in Ukraine. The European Commission approved the recapitalization meas
The Mediterranean Sea has been designated as an Emission Control Area for Sulphur Oxides and particulate matter at last week’s MEPC 79th session. The designation means that as of 1 May 2025 ships will be required to use marine fuel with reduced sulphur content. The permissible sulphur content will f
The Dutch government will start identifying further offshore wind areas in 2023, following the recently announced targets of 50 GW by 2040 and 70 GW by 2050. Currently, the government is working on an outlook for offshore wind, which adds more forward-looking plans to the roadmap and accounts for la
