Energy Update

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Yesterday during an earnings call, Danish offshore wind giant Ørsted announced that it has entered into an agreement to acquire a subsidiary of US-based Coronal Energy a developer of large-scale solar and storage projects.

The nature of work is fundamentally changing – and businesses must quickly adapt to current trends in order to have a successful future. That’s according to Slack’s head

MHI Vestas Offshore Wind has awarded a contract to Fred. Olsen Windcarrier for the transport and installation of 100 V164-9.5MW wind turbines for the Moray East project off the East coast of Scotland.

Goldman Sachs Group Inc. sees an end to the gloom for solar manufacturers as demand in China stabilizes and free-falling panel prices bottom out.

Tesla Inc. was sued by the family of a man who died as the result of a crash allegedly caused when the Autopilot navigation system of his 2017 Model X malfunctioned.

The FinTech Alliance, a government-backed initiative to unite the diverse aspects of the UK fintech “powerhouse”, was announced today. The organisation – which will launch officially next month

Energy advisory and certification body DNV GL has launched a new digital platform for renewable energy power purchase agreements.

Buildings account for nearly four-tenths of U.S. energy consumption through heating, cooling and other electricity use, according to the Energy Information Administration. And if that energy comes from fossil fuels, it releases more greenhouse gases that drive human-caused climate change.

AES Gener is moving forward with the Virtual Dam project, which is being built next to the 178-MW Alfalfal I hydropower plant in the San Jose de Maipo district of the Metropolitan Region in Chile.

SOHAR deep-sea port and free-zone has signed a 600-hectare lease agreement with Shell Development Oman (SDO) for land to set up industrial and commercial solar panels. The port is managed in a joint-venture between the Port of Rotterdam and the Sultanate of Oman.

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