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  • IRENA renewable capacity addiitons by region
    CapPro news

    IRENA: Asia remains at the forefront of renewables

    2025-07-15T13:37:00Z

    The International Renewable Energy Agency’s (IRENA) Renewable Energy Statistics 2025 report, published July 10, shows that despite renewables capacity growing by over 15 percent in 2024, there is a growing gap between regions.

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    USD8.2 billion renewable push in Saudi Arabia

    2025-07-14T15:18:00Z

    ACWA Power, Badeel and Aramco subsidiary SAPCO are pressing ahead with a suite of renewable energy projects in Saudi Arabia, having signed power purchase agreements with the Saudi Power Procurement Company (SPPC).

  • CapPro news

    Regional divides split power generation outlook

    2025-07-09T09:30:00Z

    Wood Mackenzie’s mid-year analysis highlights stark regional contrasts in the global power sector, with the Asia Pacific market still the star performer.

  • Rystad Energy USA's planned grid-scale BESS inventory
    CapPro news

    ​US battery storage market keeps pace despite policy shifts

    2025-07-01T14:01:00Z

    The health of the USA’s emerging energies sector has been in question thanks to the rhetoric and policy shifts coming from the White House under the Trump administration. Nevertheless, the battery energy storage (BESS) market is booming across the country this year, coming off an already impressive growth streak in 2024.

  • Planned US natural gas CCGT capacity
    CapPro news

    ​CCGT back in favour in the USA

    2025-06-25T14:38:00Z

    The US Energy Industry Association (EIA) said that developers could add 18.7 GW of combined-cycle capacity to the grid by 2028, with 4.3 GW already under construction.

  • Equinor floating wind Celtic Sea (1)
    CapPro news

    ​Preferred bidders named for Celtic Sea floating wind

    2025-06-20T10:47:00Z

    Equinor and Gwynt Glas (a joint venture between EDF Renewables UK and ESB) have been selected as preferred bidders in a government tender to build floating wind energy capacity in the UK part of the Celtic Sea. 

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    UK commits GBP1 billion to boost offshore wind supply chain

    2025-06-19T12:43:00Z

    Great British Energy, the UK’s publicly owned clean power company, and the government joined forces with industry and the Crown Estate to invest GBP1 billion (USD1.35 billion) in offshore wind supply chains.

  • CCS credit_northern_lights_ruben_soltvedt
    CapPro news

    ​CCS investment rises, still sixfold short of net-zero needs

    2025-06-17T12:13:00Z

    Cumulative investment in carbon capture and storage (CCS) is expected to reach USD80 billion over the next five years, according to DNV’s new Energy Transition Outlook: CCS to 2050 report.

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    UK: Industry urges tax reform amid warning of 20 percent offshore workforce decline

    2025-06-05T08:58:00Z

    Offshore Energies UK (OEUK), a trade association, has called for the government to remove the windfall tax on oil and gas profits by 2026. Meanwhile, Robert Gordon University believes the country could lose up to 20 percent of its offshore energy workforce by 2030 without urgent intervention.

  • CapPro news

    US aims to quadruple nuclear capacity by 2050

    2025-06-02T08:00:00Z

    On May 23, US president Donald Trump signed a series of executive orders aimed at revitalising the nation’s nuclear power sector, with the ambitious goal of quadrupling installed capacity by 2050.

  • DEME Moray East Offshore foundation installation
    CapPro news

    Europe’s offshore wind sector gains momentum in 2025

    2025-05-29T15:13:00Z

    Equinor and Polenergia have reached a final investment decision and secured financing for the Bałtyk 2 and 3 offshore wind farms in the Baltic Sea. The investment marks Poland’s second-largest offshore wind deal to date and forms part of a promising start to 2025 for the European offshore wind sector, which has already financed more capacity this year than in all of 2024. Meanwhile, the UK is looking to regain momentum following the cancellation of Hornsea 4, unveiling plans to strengthen regional industrial clusters across the country.

  • Empire wind gets green light
    CapPro news

    ​Empire Wind 1 back on track

    2025-05-23T07:00:00Z

    The American Clean Power Association has welcomed Empire Wind 1 project’s return to construction, after the Department of the Interior lifted a politically charged stop-work order.

  • Westwood- Relative to last year, has your view of floating wind changed_ Source- Westwood Floating Offshore Wind Survey 2025Figure-1_-Relative-to-last-year-has-your-view-of-floating-wind-changed
    CapPro news

    Floating offshore wind faces confidence crisis

    2025-05-22T09:40:00Z

    Research from Westwood Global Energy Group highlights growing discontent about the floating offshore wind energy sector, as near-term growth expectations fall and confidence dips across parts of the value chain.

  • (C) DOGGER BANK WIND FARM LTD 2023 - Jan De Nul Group's Jack-up installation vessel Voltaire_ (1)
    CapPro news

    Seven UK projects cleared for extensions

    2025-05-14T08:00:00Z

    The UK’s Crown Estate is proceeding with its capacity increase programme to maximise the potential of existing offshore wind lease areas.

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    Statkraft steps back from green hydrogen developments

    2025-05-13T08:09:00Z

    Statkraft has decided to stop new development of green hydrogen projects due to increased uncertainty in the market.

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    Challenging China: US battery sector ramps up

    2025-05-12T09:39:00Z

    A wave of public and private investment is supercharging the USA’s battery storage sector, but questions remain over how quickly American producers can close the gap with China’s global dominance.

  • CapPro news

    Hydrogen sector under strain despite pockets of progress

    2025-05-09T08:06:00Z

    The hydrogen sector continued to face pressure across the value chain, from project developers and technology manufacturers to offtakers, according to Westwood Global Energy Group. However, three projects have hit key milestones.

  • Rystad 2025 oil growth guidance at risk post-tariffs
    CapPro news

    Rystad: US shale growth at risk as prices slump and policy bites

    2025-05-07T15:42:00Z

    Rystad Energy expects onshore Lower-48 production to fall short of the record high output of 11.37 million barrels per day (bpd) of oil, achieved in November 2023, until at least June of this year. However, this outlook faces serious downside pressure should the recent price downturn hold, forcing operators to cut back on rig activity.

  • Empire wind gets green light
    CapPro news

    ​Empire Wind halted

    2025-04-22T09:02:00Z

    Equinor has halted the offshore construction in waters of the outer continental shelf for the Empire Wind project, which is currently under construction.

  • CapPro news

    Supply chain bottlenecks hinder North Sea’s long-term prospects

    2025-04-15T07:00:00Z

    DNV’s North Sea Forecast: Ocean’s Future to 2050 report forecasts that offshore wind will claim 9 percent of the North Sea space by 2050, and policies to promote cross-industry collaboration are required to ease spatial planning pressure.