The European Commission (EC) has granted approval for a monumental €10.82 billion scheme to support France’s ambitious offshore wind energy projects, marking a significant stride towards achieving a net-zero economy. This decision aligns with the State aid Temporary Crisis and Transition Framework (TCTF), reflecting a committed effort to foster sustainable energy solutions. This funding initiative, […]
GE Vernova, Inc. (NYSE: GEV) has announced a significant order involving six 7HA.03 gas turbines and two 7E.03 gas turbines, secured from SEPCOIII Electric Power Construction Co., Ltd. The deal, integral to the construction of two new power plants, Taiba 1 and Qassim 1 in Saudi Arabia, was officially booked in March 2024, marking a […]
Hanseatic Energy Hub GmbH has officially confirmed the final investment decision to construct Germany’s pioneering land-based terminal for liquefied gases. Following the successful conclusion of the permitting and commercial phase in late 2023, shareholders including Partners Group (representing its clients), Enagás, Dow, and the Buss Group, have finalized the financing for this significant infrastructure project, […]