Ibcentre

Romania has achieved a significant milestone by becoming the first country in the European Union to access funds from the Modernization Fund to support the contracts for difference scheme. This record amount of 3 billion euros will bolster investments in green energy production, leading to a more sustainable future for

In a significant milestone for the energy sector, Europe surpassed the 10GW mark for energy storage installations in 2023. This achievement marks the first time in history that the continent has seen such a high deployment of energy storage capacity in a single year. The data comes from the eighth

MN8 Energy, a leading US solar power producer, has successfully closed a $325 million private placement, bolstering its expansion efforts in solar, storage, and electric vehicle (EV) charging infrastructure. The investment includes $200 million from Mercuria Energy Group and $125 million from Ridgewood Infrastructure, with both investors set to take

Photoncycle, a Norwegian startup, is revolutionizing the renewable energy storage sector with its innovative solid hydrogen-based technology. Aimed at addressing the challenges of interseasonal energy storage, Photoncycle's system, showcased in Oslo Science Park, claims to offer a more efficient and cost-effective solution than current battery or liquid hydrogen

Active Kinetic 1, a pioneering energy firm, has introduced a groundbreaking wave energy technology, showcasing the potential to significantly bolster global renewable energy sources. Revealed at the TechSpo Expo in London, the company's Active Wave Energy Converter, powered by a unique generator, promises high efficiency and versatility in

Ukraine more than doubled its electricity exports in March to 154.1 thousand MWh, reaching a 17-month peak, Energy Map reports. Despite significant challenges including Russian military strikes on energy infrastructure, which necessitated a temporary halt in exports in October 2022 and a reduction to minimal levels in March 2024,