A groundbreaking memorandum of understanding (MoU) was recently signed between SeaTwirl, a developer of floating wind turbines, and Serica Energy, an offshore oil and gas operator, to explore the electrification of offshore assets and activities using SeaTwirl's innovative floating wind turbines.
With a steadfast dedication to sustainable business practices, Seplat Energy plc, an indigenous energy company in Nigeria, is at the forefront of addressing the dual challenges of energy security and climate change mitigation. Seplat Energy’s strategy encompasses an array of initiatives aimed at
Indonesia is positioned at a critical juncture in its energy journey. Presently reliant on fossil fuels, the country holds immense potential to emerge as a solar energy giant by mid-century. This transformation is not only about embracing cleaner energy forms but also about capitalizing on the
Massachusetts has taken another significant step towards both state decarbonization and addressing its acute housing crisis by awarding $53 million in grants under the Massachusetts Affordable Housing Decarbonization Grant Program. This initiative aims to retrofit affordable housing properties to
Amid the rapid growth of renewable energy sources, the energy sector is in dire need of advanced grid balancing technologies. UPM Energy, Finland’s second-largest electricity producer, is spearheading an initiative to address this need through strategic investment in an ultracapacitor system at the
The U.S. Department of Energy (DOE) recently announced a significant investment of USD 41 million aimed at transforming renewable energies into liquid fuels. This initiative is a landmark effort to address industrial emissions and enhance energy sustainability by leveraging cutting-edge