Energy Storage System

Gresham House Releases H1 2023 Results Amid Financial Strain for BESS Operators

Glassenbury BESS. Image: Gresham HouseBattery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 r…

Renewable Energy

Bangladesh's Summit Group to Invest $3 Billion in Clean-Energy Push

Bangladesh's Summit Group plans to invest $3 billion in solar, wind and hydroelectricity generation projects in south Asia as a part of its clean energy pus…

Power Construction

Dutch State Invests $535 Million in Power-Grid Operator Stedin

The Dutch government said on Friday it would invest 500 million euros ($535 million) in regional electric grid operator Stedin to help it handle the surge in el…

Oil & Gas Trade

Russia Ships First Oil Cargo to Brazil as It Seeks to Diversify Buyers

A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Picture taken with a drone. REUTERS/REUTERS PHOTOGRAPHER/File p…

LNG

Tellurian Drops Equity-Ownership Condition for Driftwood LNG Project

Charif Souki, CEO of Tellurian, attends a news conference at the CERAWeek Conference by S&P Global, in Houston, Texas, U.S. March 9, 2022. REUTERS/Nathan Frandi…

Offshore Wind Power

UK Climate Goals Seen at Risk After Offshore Wind Spurns Auction

A view shows windmills of several wind farms at the so-called "HelWin-Cluster", located 35 kilometres (22 miles) north of the German island of Heligoland Novemb…

Oil & Gas Trade

UK's Motor Fuel Group in $2.5 Billion Fuel Stations Deal Talks With Morrisons

A customer carries a shopping bag outside a Morrisons supermarket in New Brighton, Britain, July 5, 2021. REUTERS/Phil Noble/File Photo Acquire Licensing Rights…

Wave Energy

UK Supports 11 Tidal Energy Projects With Record Capacity of Over 50MW in Latest Cfd Auction Round

In its fifth round of the Contracts for Difference (CfD) scheme, the UK has supported 11 tidal energy projects with a record capacity of over 50MW and €11.…

Offshore Substation

Terna Awards €630M Contract to Prysmian for Adriatic Link Submarine Cable Project

The Adriatic Link project, which is planned to be installed at a maximum depth of 100m, will significantly enhance energy exchange between Italy's central-s…

Gas Turbine

Russia, Strengthens Ties With China via New Gas Pipelines

Russia and mainland China are reinforcing their relationship with new gas pipeline projects to China following sanctions against Russia due to its invasion of U…

Offshore Wind Power

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo…

Electric Vehicles

A $2-3B Battery Factory for Electric Trucks Is Coming to the US

Daimler, Cummins, and PACCAR are forming a joint venture to manufacture battery cells in the US for commercial electric trucks.The joint venture – which c…

Hydropower Plant

China Introduces Innovations for Uzbekistan's HPPs

China introduced an automation system for controlling generators in Uzbekistan’s hydroelectric power plants, Trend reports.Total cost of the project excee…

Green Hydrogen

AVAADA Group, Tata Steel Special Economic Zone to Set up Green Hydrogen, Ammonia Unit in Odisha

AVAADA, TSSEZL sign MoU to set up green hydrogen, ammonia unit in Odisha. (Photo/ANI)Tata Steel Special Economic Zone Limited (TSSEZL) Limited and Avaada GreenH…

Energy Storage Project

LG Energy Solution Launches Residential Energy Storage System for the US Market

LG Energy Solution (LGES) launched a residential energy storage system (ESS) tailor-fit for households in the United States. The South Korean energy company cal…