Infinity Power, a joint venture co-owned by Egypt's Infinity and Abu Dhabi-based Masdar, has entered into a significant Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the development of a 200-MW wind project in the Gulf of Suez, Egypt. The planned
Eco-friendly travel is gaining traction as more countries adopt renewable energy solutions, transforming themselves into prime examples of sustainability. These destinations not only offer stunning natural beauty and rich cultural experiences but also serve as showcases for advanced green
The global battery energy storage system (BESS) market is on a trajectory of impressive growth. Current estimates project the market to climb from USD 7.8 billion in 2024 to a staggering USD 25.6 billion by 2029. This substantial growth is fueled by several interlinked factors, including
The acquisition of the Vara Kroken wind plant in Västra Götaland, Sweden, by Locus Energy, a portfolio company under SEB Nordic Energy, signifies a pivotal step towards enhancing local wind power production and sustainability. This acquisition comes on the heels of Locus Energy's earlier p
The green energy sector is undergoing a rapid transformation through the adoption of various cutting-edge technologies and innovative practices. Renewable energy sources, including solar, wind, and bioenergy, are being leveraged for their sustainable and environmentally friendly attributes. Despite
In a landmark development for Germany's renewable energy sector, energy giant RWE has secured a significant majority stake in the latest offshore wind tender. This tender, which offered a total of 5.5GW of new wind capacity, saw RWE-backed companies Offshore Wind Four and Offshore Wind Two
