Total Energies has sold 50 % of its shares in West Burton Energy, a company that owns a 1.3 GW gas fired power plant and a 49 MW battery storage system in the UK, to EPUKI. The plant will now be operated by the joint venture between Total Energies and EPUKI.

Accelerating the renewable energy transition is no longer a choice, industries will have to pick up pace and significantly adopt clean as well as sustainable solutions in the coming years in order to reach net zero emissions by 2050 or all of us could potentially be staring at doomsday.

With an aim to become one of the largest global offshore wind developers, owners and operators, BP and Jera have decided to join their offshore wind businesses to form a new standalone, equally-owned joint venture.

Merck has entered into a definitive agreement to acquire Hub Organoids Holding, a Netherlands-based firm which specializes in adult stem cell-derived organoids. The transaction is expected to close at the end of December 2024.

New Energy Risk (NER) has been chosen by Topsoe as its insurance partner for its SOEC (solid oxide electrolyzer cells) hydrogen electrolyzer products. With this, the company aims to de-risk the development of SOEC as well as the customers’ green hydrogen and Power-to-X projects.

The Ministry of Economy, Trade and Industry has decided to give a go-ahead to Toray to develop a gigawatt-class mass production system for electrolyte membranes used in water electrolyzer under its Green Transformation Supply Chain Development Support Program.

Adnoc’s XRG has secured a 91 % stake in Covestro at the end of the additional acceptance period. With this deal, XRG aims to work towards its goal of becoming a top five global chemicals player.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of December 2024’ from all over the world. Right from Qatar Energy breaking ground on a 1.2-billion-dollar blue ammonia plant to the world's first full-scale carbon capture unit reaching mechanical completion, find out all the projects making headlines here.

A recent Pharmapack report has ranked the Basel region in Switzerland as the most attractive destination in Europe for launching a new drug device company. Pharmapack Europe – the continent’s largest partnering event for medical device and packaging innovation is scheduled to take place from January 22-23, 2025 at the Paris Expo in France.

Edgecom Energy is claimed to be the first in the market to make use of a generative AI copilot to help industrial and commercial users manage and reduce peaks in their power demand. ABB has made a minority investment in Edgecom through ABB Electrification Ventures.