Bid

Coal Mine

Coal Will Exit Australia’s Power Market Despite AGL’s Recalcitrance

The bid by a green billionaire to buy Australia’s most polluting company may have stumbled at the first hurdle, but it’s likely the race is far from over.

Oil Price

U.S. Sanctions on Russia not Targeting Energy Markets

Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.

Solar Company

Strong Demand Outlook for Domestic Solar OEMs: ICRA

Many of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities und…

Australia

Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance

​The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.

Oil Price

Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

Oil prices tumbled giving up early gains on Monday as US President Joe Biden and Russia's Vladimir Putin plan to hold a summit on the Ukraine crisis and on pros…

Coal Mine

AGL reject takeover bid from billionaire Mike Cannon-Brookes, who plans to shut down coal plants

Energy giant AGL has rejected a surprise $8 billion offer from tech billionaire Mike Cannon-Brookes and a Canadian asset management company, who want to shut do…

Hydrogen Production

Hydrogen Hype Gets Real with Big Japanese Tender

Australia’s grand hydrogen export ambition faces its first market test with Japan’s largest power generator calling for competitive bids to supply the hydroge…

United States

Duke Energy Targets Expansion, Plans 1.1-GW Renewables RfP

US electric utility Duke Energy Corp (NYSE:DUK) will seek to acquire or contract up to 1.1 GW of intermittent power capacity, specifically renewables, in a bid …

Carbon Emissions

White House Releases Guidance on Carbon Capture, Utilization, and Sequestration

In conjunction with the Biden-Harris administration’s recent announcement of new agency actions to promote clean manufacturing, the Council on Environmental Qu…

Oil Price

Serbia Caps Fuel Retail Prices for 30 Days

Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…

Electric Vehicle Charging

President Biden, DOE and DOT Announce $5 Billion over Five Years for National EV Charging Network

Joint Energy and Transportation Office and DriveElectric.gov Available to Assist States with Electric Vehicle Infrastructure Deployment Plans.

Pumped Storage

Here's an Overlooked Option for Long-term Energy Storage for Renewables

To cut U.S. greenhouse gas emissions in half within a decade, the Biden administration’s goal, the U.S. will need a lot more solar and wind power generation, a…

Crude Oil

U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments

The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.

Floating Offshore Wind

Magnora, Hiraeth Energy to Co-Develop 700 MW of Floating Wind

The move would involve bidding in a leasing process which could see rights awarded in 2023

Energy Storage Battery

India’s Government Receives 130GWh bids for Advanced Battery Cell Manufacturing Incentives

An Indian government scheme to support domestic battery manufacturing received bids totalling 130GWh of proposals, more than double the anticipated 50GWh of cap…