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Statoil said Dec. 16 that it has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore the potential development of an offshore wind…

Serbia is expecting confirmation from Brussels to open negotiating Chapter 27 on the environment, and the first draft of the negotiation platform will be ready in mid-2017, said Stana Božović, state secretary of the Ministry of Agriculture and Environmental Protection.…

With the flip of a switch Monday, the country’s first offshore wind power project began commercial operations. That’s something to celebrate—and it’s only the beginning for this abundant energy resource! Developed by U.S.-based Deepwater Wind, the Block Island Wind Farm…

On the eve of the recent UNIDO 50th anniversary week, the Vienna International Centre (VIC) inaugurated a state-of-the-art energy data centre donated by Switzerland. The data centre replaced the World Clock, also a Swiss gift, which the VIC received when…

Together with DZ BANK and BayernLB, KfW IPEX-Bank has closed the syndicated financing for the BMW Group’s new plant in San Luis Potosí, Mexico. Each of the three banks is contributing an equal share to the total lending volume. The…

Shell, Europe’s largest oil company, has unveiled plans to link a slice of executive bonuses to its performance in curbing greenhouse gas emissions in response to shareholder pressure for it to better prepare for the low-carbon transition. Shell’s chief executive…

In the western Himalayas, the entire village of Hamal is powered by a small hydroelectric plant on the edge of the Shalvi river. Producing 2MW per hour, the plant provides enough power to light up 100 homes at a time,…