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Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

Energy Investment

Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy

01-09-2019

India and Russia Will Unveil A Energy Co-operation Agreement to Reduce India's Dependence on Traditional Fuel Suppliers
The framework, to be inked at the Modi-Putin summit, aims for an alternate route for oil, gas and coal from the Russian far east, an area marked out by both nations for enhanced cooperation and investment.
27-08-2019

ExxonMobil, Mosaic Materials to Explore Carbon Capture Technologies
Mosaic Materials has progressed research on a process that uses porous solids, known as metal-organic frameworks, to separate carbon dioxide from air or flue gas.
24-08-2019

Shell Closes in on Takeover Deal for Australian Energy Supplier ERM Power
Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies
19-08-2019

Global Power Demand Will Grow by 62% Between Now And 2050
Bloomberg NEF's latest New Energy Outlook report predicts that global power demand will grow by 62% between now and 2050, equating to 1.5% increase a year.
16-08-2019

Vietnamese Government Encourages the Development and Use of Renewable Energies
Deputy Prime Minister Trinh Dinh Dung has stated that the Vietnamese government always encourages the development and effective use of renewable energies, towards sustainable socio-economic development.
16-08-2019

Development Finance Corporation to Boost U.S. Competitiveness on Energy
Discussion draft to focus on Ex-Im Bank, Development Finance Corporation to boost U.S. competitiveness on energy.
15-08-2019

Coalition of 22 US States in Lawsuit for the Trump Administration's"Dirty Power"
A coalition of 22 US states and seven local governments have sued the Trump Administration's Environmental Protection Agency (EPA) over its “Affordable Clean Energy” (ACE) plan.
14-08-2019

ExxonMobil Plans To Sell Its North Sea Assets To Focus on US Shale Production
The firm, which has been in the UK sector for 50 years, has held sales talks with a number of operators in recent weeks, according to Reuters.Citing industry sources, the news agency said a deal for Exxon’s assets could fetch $2billion.
13-08-2019

Wind, Solar Surge Pushes German Power Prices Below Zero
Wind and solar generation surged to over 100 GW across Europe over the weekend, driving hourly prices into negative territory in Germany, Denmark and Belgium, TSO and exchange data show.
12-08-2019

Trump's EPA Grants 31 Small Refinery Waivers from Biofuel Laws
The U.S. Environmental Protection Agency has granted 31 small refinery biofuel waivers for 2018 on Friday, infuriating the ethanol and corn producers who blamed the Trump administration for bailing out the oil industry.
12-08-2019

The Blueprint of China's FYP Policy on Energy Transition and The World's Climate
The Five Year Plan (FYP) is China’s top-level policy blueprint and has been called “one of the most important documents on the planet” for global sustainability. Created every five years since 1953, the 14th is in development and will cover 2021–25. Like
09-08-2019

Moody's: Green Bond Issuance to Surge Past $200bn in 2019
Global green bonds hit a new all-time quarterly high during the second quarter of this year, with $66.6bn brought to the market.
07-08-2019

Siemens Gamesa's Market Plans Released By New Onshore Wind CEO Alfonso Faubel
If we focus on prospects for onshore wind, I think we can all agree that they are solid. In fact, from an average of 63GW that will be installed annually in the next five years, approximately 87% will be onshore, according to the Global Wind Energy Counci
06-08-2019

Brazilian Oil Giant Petrobras Scrap Plans to Invest in Renewable Energy Projects
Brazil's state-controlled oil company Petrobras will scrap plans to invest in renewable energy projects, but says it will continue research and development projects in the field, according to chief executive Roberto Castello Branco.
06-08-2019

New Renewable Energy Apprenticeship Program Created by Union Groups
The Department of Labor (DOL)-certified, program provides individuals with specialized skills to remain at the forefront of the offshore and onshore wind, solar generation and battery storage fields.
05-08-2019

Total Sells Pipeline Stake to Pisto SAS for £240 Million
Oil giant Total has signed an agreement to sell a 30% interest in a French pipeline. The Societe des Transports Petroliers par Pipelines to Pisto SAS for almost £240 million.
05-08-2019

The Growing Threat Posed to Investors by High-Carbon Business Models
The evidence is mounting that energy companies and investors are failing to take the urgent action needed to prepare for the low-carbon transition - and that lack of action threatens the stability of the entire financial system.
04-08-2019

Global Energy Transition at Risk From US-China Trade War
Cooperation on the world stage is critical for minimizing climate change, but it’s in short supply right now, says Wood Mackenzie’s 2019 Energy Transition Outlook.
03-08-2019

Amazon Announced Two Renewable Energy Projects in the Republic of Ireland and the US
The projects will bring the number of Amazon’s renewable energy projects to 66 as part of its goal to be powered by 100% renewable energy worldwide.
02-08-2019

Fossil Fuel Subsidies Continue to Far Outstrip Renewable Subsidies, Suffocating the Energy Transition
Switching fossil fuel subsidies to support renewables could unleash a clean energy revolution and propel the decarbonisation of the global economy, according to a new report from the International Institute for Sustainable Development.
02-08-2019

Hongkong Are Building an Offshore LNG Terminal And Introducing Feed-in Tariff Schemes
Progress is underway for Hong Kong’s first offshore LNG terminal, with the establishment of a joint venture between Castle Peak Power Co. (CAPCO), which is owned by CLP Power, and Hong Kong Electric Co. (HK Electric).
01-08-2019

BloombergNEF Reports：Energy Storage Will Grow to 1095GW in 2040
BloombergNEF reports says falling cost of batteries will help to drive global growth in the market.Energy storage will grow to 1095GW in 2040, compared with 9GW last year, boosted by cheaper lithium-ion battery technology.
31-07-2019

U.S. Ethanol Industry Nearing Breaking Point
The U.S. ethanol industry is about to break under the weight of the Trump Administration's trade war with China and the surge in the number of small refineries exempted from the nation's biofuel laws, said Todd Becker, CEO of Green Plains.
31-07-2019

China Belt and Road Energy Investments Grow 1,370% Since 2014
Investments from China’s Belt and Road initiative (BRI) have supported over 12GW of wind and solar energy projects in South and Southeast Asia since 2014, according to analysis by environmental campaigning group Greenpeace.
31-07-2019

Official Report:China,Iran Can Join Hands Facing the Unilateral Sanctions And “American Bullying”
A senior Chinese official has called for Tehran and Beijing to join forces in confronting US pressures as he stressed that China’s resolve to develop relations with Iran was unwavering.

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