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Equinor Triples Low-Carbon Hydrogen Production Plans in UK to 1.8 GW

Adds 1.2 GW to blue hydrogen plant by 2030. Targets over half of UK 5-GW target with partners.FID dependent on strong policy framework. Norway’s state-controlled energy company Equinor has upped its plans for developing low-carbon hydrogen in the UK, tripling its target to 1.8 GW of production and aiming to deliver with partners over half […]

IEEFA Update: Financing the future of green hydrogen – EQ Mag Pro

Equinor to Spend More on Renewables, Sets Medium-Term Climate Goals

Equinor will increase the share of investment it dedicates to renewable energy and so-called low-carbon solutions as it seeks to broaden its business, the Norwegian oil and gas producer said in a strategy update on Tuesday. The company will increase its dividends and introduced a new share buyback initiative, it said. Equinor will increase the […]

Climate Consequences 2022: If India Sneezes – EQ Mag Pro

Equinor, BP win New York contracts for offshore wind power

OSLO: Norwegian energy major Equinor has won a contract to supply offshore wind to the U.S. state of New York from the planned Empire Wind 2 and Beacon Wind 1 projects, the company said in a statement on Wednesday.Operator Equinor announced in October it was bidding for the two projects, which together have the potential […]

Mexican Green Energy Investment Drying Up, Trade Groups Warn – EQ Mag Pro

Norway’s Equinor, Hydro and Scatec to build solar farm in Brazil

  OSLO: Equinor, aluminium producer Norsk Hydro and renewables company Scatec plan to jointly build a 480 megawatt (MW) solar farm in Brazil, they said on Wednesday. The three companies have signed a memorandum of understanding to develop the project, Scatec said in a statement, which did not give details of the cost. The joint […]

Essar sets up Vertex Hydrogen to help drive energy transition in the UK – EQ Mag Pro

Panasonic, Equinor, Hydro consider battery production in Norway

The three companies said in a joint statement that the initiative would be “based on Panasonic’s leading technology and targets the European market for electric vehicles and other applications. OSLO: Panasonic, Equinor and Norsk Hydro will explore opportunities to set up a lithium-ion battery production business in Norway, targeting auto makers as potential customers, the […]

Why sodium is Mukesh Ambani’s big battery bet in the EV race – EQ Mag Pro

Panasonic, Equinor and Hydro to explore potential for European battery business

Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. SPARKS, Nev.: The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the […]

Essar sets up Vertex Hydrogen to help drive energy transition in the UK – EQ Mag Pro

World’s Biggest Offshore Wind Farm Will Boast World’s Largest Installed Turbines

On the day it walks away from coal, GE bags a huge 2.4-gigawatt turbine order for the U.K.‘s Dogger Bank project. The world’s largest planned offshore wind farm will use the world’s largest installed offshore wind turbines when it starts spinning in British waters. SSE Renewables and Equinor are developing the 3.6-gigawatt Dogger Bank project […]

EKI Energy Services Ltd. bags contract as carbon credit service provider from Indore Smart City Development Ltd. (ISCDL) for the latter’s aggregator business model – EQ Mag Pro

How BP Plans to Make Oil-Like Returns From Renewables

The oil major wants to make returns of 8 to 10 percent from renewables projects as it chases a 50-gigawatt target for 2030. The shift to low-carbon energy will transform oil companies, and BP wants to be at the vanguard of the industry in making those changes, having set a net-zero target for 2050 earlier […]

Saudi Arabia and Iraq sign agreement to connect electricity grids – EQ Mag Pro

Equinor, Jera, J-Power to jointly bit for Japan’s offshore wind projects

Japanese government has identified 11 areas as potentially suitable for development in the first round, four of which were selected as promotion areas, which include the Noshiro and Yurihonjo projects. TOKYO : Norway’s Equinor, Japan’s Jera and Electric Power Development Co (J-Power) have formed a consortium to jointly submit a bid for offshore wind power […]

China solar capacity rises by record 54.9 GW in 2021 – energy authority – EQ Mag Pro

Europe’s Green Hydrogen Revolution Is Turning Blue

With the EU on the cusp of announcing its long-term hydrogen strategy, a huge question remains: Should blue hydrogen be excluded? Green hydrogen may get all the headlines, but the prospect of it fueling Europe’s future hydrogen economy on its own looks increasingly questionable. Blue hydrogen is produced from natural gas, with carbon capture and […]

Fluence and ReNew Joint Venture to Boost Energy Storage in India – EQ Mag Pro