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13

Siemens Energy plans to sell Indian wind business at $1bn valuation

Siemens Energy AG has initiated the sale of its Indian wind turbine business, a subsidiary of Siemens Gamesa Renewable Energy.

Engie revenue plummets 25% to €22bn in Q1 2024

French utility Engie has reported total revenues of €22bn for the first quarter of 2024, a slump of 24.6% compared with €29.2bn a year ago.

11

Brookfield to invest $500m in India’s Leap Green Energy

Brookfield Asset Management is set to invest $500m for a controlling interest in Leap Green Energy, an Indian renewable energy company.

Iberdrola to acquire remaining 18.4% stake in Avangrid for $2.6bn

Iberdrola has agreed to acquire the remaining 18.4% stake in its American subsidiary Avangrid in a transaction valued at $2.6bn.

Friday, May 17

17

Ocean Infinity to conduct geophysical survey at Dogger Bank South in UK

RWE has awarded Ocean Infinity the contract to conduct geophysical surveys at Dogger Bank South (DBS) West offshore wind farm in the UK.

13

New Dutch Government pushes for more offshore gas extraction and nuclear

The new Dutch Government will push for offshore gas and nuclear projects as it seeks to ensure energy security.

India’s Adani Energy Solutions acquires Essar Transco for $227.5m

Adani Energy Solutions (AESL), part of Indian billionaire Gautam Adani's conglomerate, has acquired 100% stake in Essar Transco Limited.

11

Siemens Energy, Energinet sign €1.4bn deal to upgrade Denmark’s grid

Siemens Energy has secured a €1.4bn contract from Energinet, the Danish grid operator, to enhance Denmark's electricity infrastructure.

EnBW begins construction on 960MW He Dreiht offshore wind farm in Germany

German electric utility EnBW has commenced construction on the 960MW He Dreiht offshore wind farm in the North Sea.

Thursday, May 16

19

Wind Power LAB launches lightning surveillance tool

Denmark-based Wind Power LAB (WPL) has launched a lightning surveillance tool tailored to combat strike damages to wind farms through early detection of potential risk.

17

UK planning to build new nuclear reactor in Scotland

The UK is planning a new nuclear reactor in Scotland as part of its broader energy strategy despite resistance from the Scottish government.

13

Rolls-Royce SMRs construction approved by Polish Ministry

Polish industrial group Industria’s plan to construct a power plant based on Rolls-Royce’s small modular reactor (SMR) has been approved by the Polish Ministry of Climate and Environment.

Rhine port of Kehl launches feasibility study for wind energy

The Rhine port of Kehl has launched a feasibility study for wind energy which could lead to the construction of wind turbines in 2025 if successful.

12

BayWa r.e. and Elicio to build 270MW floating wind farm in France

BayWa r.e. and Elicio have secured the contract to build a 270MW French floating offshore wind farm off the coast of Lorient in Brittany.

11

Føn Energy acquires Dutch offshore wind farm services company C-Ventus

Føn Energy Services, a Norwegian service provider to energy sector, has acquired Dutch offshore wind farm services company C-Ventus.

Masdar and partners secure land for 10GW wind project in Egypt

Masdar, Infinity Power and Hassan Allam Utilities sign land access agreement with the Egyptian government for 10GW wind farm.

Wednesday, May 15

17

Siemens to list energy business as separate entity in India

The new company, Siemens Energy India Limited, is set to be listed on the Bombay Stock Exchange and the National Stock Exchange of India.

13

US suppliers back Chinese lithium-ion battery tariff

The US will impose a further tariff on Chinese batteries and other technologies such as semi conductors

Biden signs Russian uranium import ban into law

US President Joe Biden has signed the ban on Russian uranium imports into law after the bill passed through the Senate.

12

Fortum and Helen inaugurate 380MW Pjelax wind farm in Finland

Finland-based energy companies Fortum and Helen have inaugurated the 380MW Pjelax wind farm in western Finland.

10

Stonepeak and CHC launch platform for energy storage projects in Japan

Stonepeak and CHC have announced the establishment of a collaborative platform aimed at advancing BESS projects in Japan.

SSEN Transmission picks preferred bidder for Shetland 2 subsea cable

SSEN Transmission has selected a consortium of Sumitomo Electric and Van Oord as the preferred bidder for Shetland 2 subsea cable project.

Tuesday, May 14

18

Salamander Offshore Wind Farm submits offshore consent application

The Salamander offshore wind farm has submitted an offshore consent application which will now be subject to approval by Scottish Ministers.

17

Tepco to restart unit 7 at Kashiwazaki Kariwa nuclear plant in Japan

Japan is poised to restart Kashiwazaki Kariwa nuclear plant in October 2024, marking a step in the nation's nuclear energy resurgence.

13

12

NKT completes inspection and remediation at UK-Ireland interconnector

NKT has completed the inspection survey and remediation work on the East-West interconnector, a power link between Ireland and Great Britain.

11

EQT proposes acquisition of Swedish renewables developer OX2 for $1.5bn

Swedish private equity company EQT has made a recommended cash offer to acquire fellow Swedish renewable energy developer OX2.

Slovakia to build new 1.2GW nuclear power unit

The Slovak government is contemplating the construction of an additional nuclear power unit with a capacity of up to 1.2 GW.

Monday, May 13

22

Estonia drafts nuclear resolution

The Riigikogu has begun drafting a resolution that will enable the development of a nuclear power industry in the country.

17

Ukraine plans record electricity imports after Russian attacks

Ukraine plans record power imports from its neighboring countries after energy infrastructure damage from targeted Russian attacks.