Vermilion Energy Inc. Announces 2021 Budget
Vermilion Energy Inc. announced Monday its 2021 exploration and development (“E&D”) capital budget and associated production guidance. The Company is reducing its budget by 17%...
Tag : energy news
Thyssenkrupp to install an 88MW electrolysis plant for Hydro Québec
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German industrial conglomerate Thyssenkrupp announced Monday it would scale up its renewable H2 production to gigawatt scale. The company has been awarded an 88MW electrolysis...
BMW aims to double fully-electric vehicle sales in 2021
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BMW announced Friday it aims to double its fully-electric vehicles (EV) sales this year. The German automaker is about to release new models to comply...
BPT and Siemens announce their Floating NUI is closer to commercialization
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Buoyant Production Technologies Ltd. (BPT) announced Friday its pioneering Floating Normally Unattended Installation (NUI) design has moved closer to commercialization by collaborating with Siemens Energy...
IEA Inc. chosen to construct 100MW Lumpkin Solar Farm
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Infrastructure and Energy Alternatives (IEA, Inc.) announced Friday it had been awarded a 100-megawatt (MW) solar contract to construct the Lumpkin Solar Farm in Stewart County,...
Total quits American Petroleum Institute (API)
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French oil giant Total announced Friday it is quitting the American Petroleum Institute (API), becoming the first major petroleum company to leave the trade group....
Duke Energy deposits Optus Bank 5M to Support Minority-Owned Businesses
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Charlotte-based Duke Energy announced today it deposited Optus Bank, a Black-owned bank based in South Carolina, $5 million to support diverse and minority-owned businesses. This...
Equinor and BP awarded with 2.5 GW in projects for New York
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Two major European offshore wind developers, Equinor and BP, were awarded Wednesday with 2.5 gigawatts in projects by the state of New York. This award...
New York announces 23 large-scale PV projects
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This year, New York state will contract for 23 large-scale solar farms and one hydroelectric facility with a combined capacity of more than 2.2GW. These...
Total agrees JV with 174 Power Global for 12 solar and energy storage projects
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French energy giant Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) in...