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The groundbreaking ceremony for a new 500MW Build-Own-Operate (BOO) Wind Farm near Ras Ghareb, Egypt was held by Red Sea Wind Energy in-conjunction with the Egyptian Ministry of Electricity and Renewable Energy. Red Sea Wind Energy is a consortium comprising ENGIE (35%), Orascom Construction PLC (25%), Toyota Tsusho Corporation (20%), Eurus Energy Holdings Corporation (20%).

Strongest ever October performance as wind energy pushes prices down...

Japanese utility Tokyo Electric Power Company (TEPCO) is eyeing an acceleration of offshore wind after agreeing to acquire Scottish developer Flotation Energy for an undisclosed sum....

A trio of developers including BlueFloat Energy has announced plans for a roughly 900MW offshore wind farm off the west coast of New Zealand’s north island – the first of four projects the group are planning....

What should be expected from the president-elect?

Neoen has signed a 70 MW renewable energy baseload contract with BHP to supply power to its Olympic Dam operations in South Australia from July 2025This baseload contract is the first of its kind for NeoenTo provide energy 24/7, Neoen will integrate output from its Goyder South Stage 1 wind farm and storage from its Blyth Battery, supported by its energy management

"The oil market impact from the Ukraine war has highlighted the most important geopolitical shift for oil markets over the past decade." Paul Sheldon, chief geopolitical advisor at S&P Global Commodity Insights

Southampton/Solent Decarbonisation Cluster -

It would be great to know the answer for "what is the proposed strategy?"

The government hopes that the coalition unravels enough for the Socialists and Greens to break free. "Let the oppositions explain what they will do instead: that our country remains dependent on Russia? Or on German coal? Or American shale gas? Or that we don't heat our people at all?" said someone close to Minister Pannier-Runacher, as if anticipating the difficulties to come.