Unlocking Wind Turbine Longevity with Smarter Lubrication
The wind power market is set to reach 3,207 GW of installed capacity by 2035, driving demand for more reliable turbine operation. Effective lubrication is critical, as drivetrain failures can quickly halt production, especially in offshore and remote sites. Mobil introduced a suite of synthetic gear oils—SHC Gear 320 WindPower and the 600 Series—offering superior thermal resistance, oxidation stability, and anti‑corrosion protection, and earned DNV‑GL certification for not contributing to white‑etching cracks. Complementary real‑time oil‑condition monitoring tools further reduce unscheduled downtime and maintenance costs.
Winda Energy to Build Battery Storage Facilities in Finland
Winda Energy announced plans to build two industrial‑scale battery storage facilities in central Finland, in partnership with investment firm Wood & Co. The Äänekoski site will deliver 30 MW of power with 60 MWh of storage, while the Laukaa project will provide...
Forêt Domaniale Wind Project Secures Financial Close
The 185.6 MW Forêt Domaniale Wind Project in Quebec has achieved financial close, unlocking construction that began in early 2026. Ownership is split between EDF solutions électriques and Alliance de l’énergie de l’Est, with financing led by Desjardins and a consortium...
Outer Dowsing Offshore Wind Farm Gets Development Consent
The UK Secretary of State has granted development consent for the 1.5 GW Outer Dowsing offshore wind farm, a joint venture of Corio, TotalEnergies and Gulf Energy Development. Located about 54 km off Lincolnshire, the project will host up to 100 turbines,...
ABB’s HiPerGuard Medium-Voltage UPS Wins 2025 Data Center Power Innovation Award
ABB’s HiPerGuard medium‑voltage UPS won the 2025 Data Center Power Innovation award. The system moves uninterruptible power protection to the 5‑24 kV range, using a ZISC architecture that achieves 98 % efficiency and can handle up to five times nominal current for...
RWE Completes Installation of Two Substations at Nordseecluster A
RWE has finished installing two massive offshore substations at the 660 MW Nordseecluster A wind farm, located about 50 km north of Juist island in the German North Sea. The 1,800‑ton and 2,500‑ton units were lifted onto their foundations by the Gulliver floating...
New Episode: How Have Global Oil Supply Chains Shifted Around the Iran Conflict?
The latest episode of Energy Technology examines how the US‑Israel‑Iran conflict has reshaped global oil supply chains. With the Strait of Hormuz closed and U.S. blockades on Iranian vessels, Middle Eastern exporters such as Saudi Arabia and the UAE have...
Strategic Readiness Assessment
Ericsson has introduced a Smart Oil Field Maturity Assessment that evaluates an operator’s digital readiness across organizational, technical, production, and workforce dimensions. The tool benchmarks current connectivity, automation and analytics capabilities, then delivers a customized score, prioritized actions and a...
Equinor Sells 8.07% Stake in Scatec for $169m
Equinor sold an 8.07% stake in Norwegian renewable developer Scatec for roughly $168.5 million, pricing shares at Nkr 125 ($13.16) each. After the transaction the oil major retains an 8.05% holding subject to a 90‑day lock‑up. Equinor first invested in Scatec in...
CWP Energy Secures Funding for Sanquhar II Wind Project
CWP Energy has closed a $500 million financing package for the 308 MW Sanquhar II onshore wind farm in southern Scotland, secured through a UK Contract‑for‑Difference award in Allocation Round 7. The project, featuring 44 Vestas V162 EnVentus turbines—the first of this model in...
ANDRITZ Hydropower Surge Drives Record €3.6bn Order Intake in Q1 2026
ANDRITZ posted a record first‑quarter 2026 order intake of €3.6 billion (about $3.9 billion), a 54% increase year‑over‑year, driven mainly by a wave of mid‑size hydropower contracts. The wins cover upgrades in North America, Europe and South America, as well as new...
IESO Signs 20-Year Contracts for 14 Renewable Energy Projects
Ontario’s Independent Electricity System Operator (IESO) has awarded 20‑year contracts to 14 renewable projects—12 solar and two wind—under its Long‑Term 2 Energy Stream 1 RFP. The projects will deliver more than three terawatt‑hours of electricity each year, a capacity aimed at meeting...
Envision Energy, BBVA Sign $500m Vendor Financing Agreement
Envision Energy has signed a $500 million (approximately 3.42 bn yuan) vendor‑financing agreement with BBVA Corporate & Investment Banking to fund its renewable‑energy projects across Europe, Asia and Latin America. The framework gives Envision access to a suite of financing instruments, extending...
Steam and Gas Turbines Market to Reach $23.4bn by 2030, Forecasts GlobalData
GlobalData forecasts the worldwide steam and gas turbines market to reach $23.4 bn by 2030, driven by efficiency demands and stricter environmental rules. The Asia‑Pacific region will dominate, with gas turbine value projected at $4.6 bn in 2025 and $7.4 bn by 2030,...
Galp to Acquire 351MW Spanish Onshore Wind Portfolio
Portuguese energy group Galp will buy a 351 MW onshore wind portfolio in Spain from Helia Funds for about €320 million ($373 million). The assets, spread across 17 merchant sites, generate roughly 750 GWh per year and will push Galp’s renewable capacity to 2 GW,...
