News Swedish state to lend $30bn to build new reactors The government of Sweden is planning to issue state loans to fund its planned fleet of four nuclear reactors instead of seeking private finance. Energy minister Ebba Busch said the…
News 1MW batteries for big construction sites Swedish equipment maker Atlas Copco has launched an energy storage system that is capable of delivering 1MW of power from a single unit, which the company says is the most…
News Schneider Electric to spend $700m on US expansion French automation and energy company Schneider Electric says it will spend $700m in the US over the next two years developing its manufacturing capacity, digitalisation and energy infrastructure for artificial…
News €10bn plan hatched to bring power to Europe from Caspian Sea Four countries are considering a plan to lay the world’s longest undersea power line between wind farms in the Caspian Sea and southeast Europe. Azerbaijan, Georgia, Bulgaria and Romania discussed…
News Korean firm wins €372m deal to build Poland’s national battery South Korea’s LG Energy Solution has won a €372m deal to build a utility-scale battery for Poland. It will build the 262MW battery in the village of Zarnowiec on the…
News Chilean firm reaches first milestone in $6bn Uruguayan megaproject Highly Innovative Fuels Global (HIF Global) has obtained approval for the land recategorisation it needed from Uruguayan authorities to move forward with its $6bn hydrogen-based e-fuel plant in the country.…
News Chinese group to invest $1bn in Cambodian pumped storage A Chinese industrial conglomerate is to invest $1bn in a pumped-storage system in southwest Cambodia. According to news site Yicai, the Upper Tatai Pumped Storage Power will be added to…
News Bavarian town tests revolutionary geothermal power supply The Bavarian town of Geretsried will test a novel way of extracting energy from the earth, the AP news agency reports. The plan is to borrow oil and gas drilling…
News EIB lends €827m for Czech Republic rail upgrades The European Investment Bank (EIB) will make €827m available for spending on the Czech Republic’s rail sector; a €527m will be spent on the network and €300m on train upgrades.…
News India, France to work on modular reactors together India and France have agreed to develop small modular reactors (SMRs) together after Prime Minister Narendra Modi visited President Emmanuel Macron in Paris, The Indian Express reports. India’s foreign ministry…
News Belgium wants an atomic U-turn, but its nuclear operator doesn’t The Belgian government wants to extend the lives of its five nuclear reactors and start building their replacements, repealing a 2003 law banning new nuclear construction, the Belga news agency…
News Conference pledges $50bn to electrify Africa A conference held in Tanzania last week to progress the electrification of Africa has resulted in a pledge to spend more than $50bn on expanding the continent’s grids and generating…
News Spanish company greenlights €3bn hydrogen scheme in Andalusia Spain’s second-largest oil company will start work on part of the Andalusian Green Hydrogen Valley scheme, which will install enough electrolysers to turn 2GW of wind and solar energy into…
News China to explore structure of Earth with 15km-deep drilling project China plans to drill 15km into the Earth’s surface to hunt for fossil fuels and to learn about the structure of the earth’s crust, South China Morning Post reports. The…
News Trump halts new offshore wind schemes on first day Amid a blizzard of executive orders issued on Monday after his inauguration, US President Donald Trump moved to halt the development of offshore wind power by temporarily suspending the sale…
News TVA coalition applies for $800m grant to speed up small reactors A coalition of engineers led by the Tennessee Valley Authority (TVA) has applied to the Department of Energy for an $800m grant to speed up the development of small modular…
News Samsung set to install modular reactors in southern Sweden Samsung C&T Engineering & Construction and Swedish energy company Kärnfull Next have signed a preliminary agreement to develop small modular reactor (SMR) projects in Sweden. The two signed a memorandum…
News Delays and uncertainties cast doubt on France’s six-reactor plan France’s plan to secure the future of its energy sector by building six nuclear reactors beginning in 2027 have been thrown into doubt by a report from the Cour des…