Three more energy suppliers go under as UK energy crisis deepens
With three more energy suppliers going under, the UK’s energy crisis is deepening significantly. Households across the nation are reportedly set to experience ‘desperate choices’ thi....
U.S. DOE achieves target of signing up 125 communities for SolarAPP+
The United States Department of Energy (DOE) has reportedly announced that it has successfully achieved its target of signing up approximately 125 communities for the SolarAPP+ tool. SolarAPP (Solar ....
Meridian and Contact’s proposal for hydrogen plant gets green light
Meridian Energy and Contact Energy, two New Zealand-based power generation firms, have reportedly announced that a proposal for building the world’s first “large-scale green hydrogen plant....
Octopus to onboard 580,000 stranded customers of collapsed Avro Energy
Octopus Energy, a UK-based energy firm, is reportedly taking on 580,000 clients of Avro Energy, who were left stranded when the latter went bust last week. Additionally, it is also anticipated that Oc....
NuScale Power inks MoU with UNIMOT & Getka to explore SMR development
NuScale Power has reportedly signed an MoU (Memorandum of Understanding) with UNIMOT S.A. and Getka Group. The aim of this MoU is to explore the installment of the SMR (small modular reactor) technolo....
US DOE rolls out $12million fund for geothermal energy research
The US Department of Energy (DOE) has reportedly announced the rollout of a $12 million fund for seven research projects to augment the commercialization of enhanced geothermal systems (EGS), which ar....
Lightsource BP raises $1.8bn to set up 25 GW of solar capacity by 2025
Lightsource BP, the largest solar energy developer in Europe, has reportedly announced that it had raised more than $1.8 billion in revolving lines of credit from 10 of the world's largest lenders....
UK Gov contemplating loans for energy firms amid soaring gas prices
As energy businesses struggle to remain afloat in the face of rising gas prices, the government of the United Kingdom is reportedly considering issuing them emergency state-backed loans, a move intend....
Spain takes emergency measures to control energy prices in the nation
The government of Spain has reportedly enacted emergency measures aimed at lowering immense energy bills by diverting billions of euros in exceptional profits from energy firms to customers and restri....