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Electric Vehicles

Biden Administration Aims $2 Billion in Grants at US Electric Vehicle Transition

US President Joe Biden. (Image by Gage Skidmore, Wikimedia Commons).President Joe Biden’s administration on Wednesday said it intends to invest $2 billion…

SMR

IAEA sees progress made by SMR deployment initiative

The International Atomic Energy Agency (IAEA) last year launched a new initiative aimed at accelerating the safe and secure deployment of advanced nuclear react…

Biofuel

Enviva Breaks Ground on EPES Plant in Alabama

Enviva Inc., the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County…

Offshore Wind Power

Hitachi Energy Secures Deal for Two Swedish Offshore Wind Farms

OX2 and Ingka Investments have signed their third conditional agreement with a supplier for two of their offshore wind projects in Sweden, Triton and Galene, th…

Geothermal Power Project

Hawaii Legislation Seeks Additional Funding for Geothermal Research

Since 2022, legislation has been proposed that seeks to utilize geothermal royalties in Hawaii for further geothermal research.

Carbon Capture

MHI Hosts Successful CO2 Capture Plants User Conference in Bahrain

- Reflect Customer Feedback for Further Enhancement of Technologies, Performance, and Services -- Serving platform for customers using MHI's CO2 capture tec…

Wind Power Project

Repsol Commits $550M to Renewable Projects in Italy

Repsol is making a major play in Italy. Credit: Eduardo Parra/Europa Press via Getty ImagesRepsol, a Spain-based energy and petrochemical company, plans to deve…

LNG Carrier

CoolCo Buying Two Lng Carriers Newbuilds for $234M Each

LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures.CoolCo said that the Mega LNG …

Renewable Energy

Installed New Energy Capacity in China's Inner Mongolia Nears 70 mln Kilowatts

HOHHOT, June 29 (Xinhua) -- North China's Inner Mongolia Autonomous Region has so far recorded nearly 70 million kilowatts of installed new energy capacity,…

Wind Turbine

Wind Turbines That Shake and Break Cost Their Maker Billions

(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions.Siemens Energy AG is struggling to contain the fallout after d…

Oil & Gas Trade

Altera Shuttle Tankers Fixes Suezmax to Petrobras for Five Years

Altera Shuttle Tankers has sealed a deal with Brazil’s state-owned oil company Petrobras for the charter of its 2013-built suezmax Lambada Spirit.The company d…

Natural Gas

Finnish Gas Demand Set to Rise 27% – TSO

Image: Shutterstock.com(Montel) Finnish gas consumption is set to rise by 27% this year due to lower prices, but demand is unlikely to return to pre-crisis leve…

Power Construction

Schneider Electric, Siemens and GE Vernova Named Leading Microgrid Integrators

Guidehouse Insights recognized the companies in its recent Leaderboard report.Guidehouse Insights named Schneider Electric, Siemens and GE Vernova as the top mi…

Crude Oil

Oil Prices Gain 2% On Bigger-Than-Expected Decline in Us Crude Storage

NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, which offset w…

Biofuel

USDA to Invest up to $500M to Increase Availability of Domestic Biofuels Through HBIIP

The US Department of Agriculture (USDA) plans to invest up to $500 million from the Inflation Reduction Act to increase the availability of domestic biofuels. I…