The recent memorandum of understanding (MoU) signed between Haewoori Offshore Wind, Korea Marine Equipment Research Institute (KOMERI), and Ulsan Technopark signifies a pivotal development for South Korea's renewable energy landscape, especially in the areas of floating offshore wind technology and
As the United Arab Emirates (UAE) targets an ambitious energy efficiency goal for 2030, unveiled at COP28, strategies are emerging from public insights and expert analyses. Renewable energy investments, particularly in solar and wind, are pivotal given the UAE's ample resources. Improving building
Portland General Electric's Clearwater Wind Energy Center in Montana achieved an unprecedented milestone by generating 1 GW of power from wind sources within its first 10 months of operation, marking an impressive output record for PGE. Such a remarkable accomplishment can be attributed to the
Equinor ASA, a significant entity in the global energy sector, is downsizing its renewables unit, signaling a strategic shift from expansion to profitability in light of high costs and reduced returns. This decision comes at a time when many European utilities are reassessing their renewable
Duke Energy is embarking on an ambitious and significant expansion of clean energy resources across the Carolinas following a comprehensive decision by the North Carolina Utilities Commission (NCUC). This detailed plan aims to balance the transition to cleaner energy with maintaining grid
Dominion Energy has made a considerable strategic move by selling a 50% noncontrolling interest in its Coastal Virginia Offshore Wind (CVOW) project to Stonepeak. Valued at $2.6 billion, this sale is aimed at significantly reducing Dominion's outstanding debt and honing its business model into a
