Final caisson installed at 3.5GW Princess Elisabeth Energy Island project
The installation of all 23 caissons for the 3.5GW Princess Elisabeth Energy Island has been completed 45km off the Belgian…
Energy
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Ørsted plans 2GW Dadu 2 offshore wind project in Taiwan
Ørsted has announced plans for a new offshore wind project, Dadu 2, in Taiwan with a planned capacity of up…
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South Korea signs MoU for 320MW green hydrogen complex
Plans for a large-scale green hydrogen complex at Saemangeum in South Korea have been announced following a memorandum of understanding…
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Underground LDES: turning mines and caverns into energy storage
As intermittent renewables expand, so does the demand for long duration energy storage (LDES). However, different geologies and applications require…
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Cadeler signs $929m contract for T-class wind installation vessels
Cadeler has entered into firm contracts worth approximately €805m ($929m) with COSCO Shipping Offshore shipyard in Qidong, China, to build…
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Sembcorp gets conditional nod for 300MW power import project
Sembcorp Utilities, a subsidiary of Sembcorp Industries, has secured conditional approval from Singapore’s Energy Market Authority (EMA) to proceed with…
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Ola Electric, Axis Energy sign MoU for 20GWh of battery storage
Ola Electric Mobility has signed a memorandum of understanding (MoU) with Axis Energy to explore the deployment of up to…
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The hydrogen market is still waiting for buyers
More than 300 hydrogen projects were added to the global project slate over the past year. Yet cancellations of several…
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Energy security is reshaping Asia’s investment priorities
The Strait of Hormuz has returned to the centre of global energy markets for familiar reasons. Around one-fifth of global…
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OMV secures $512m EIB loan for green hydrogen plant in Austria
OMV has received a €450m ($512m) loan from the European Investment Bank (EIB) to support the construction of its flagship…
