Energy

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Carbon Emissions

EU to Fund Bulgaria’s €6.3bn Recovery Plan

The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.

Philippines

Philippines to Speed up Decarbonisation of Power Sector

The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…

Hydrogen Production

Renewable Offshore Floating Hydrogen Production

Scottish Development International and J-DeEP are developing a floating offshore hydrogen production plant off the coast of Scotland.

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Offshore Wind Power

Wind Industry Sees 94GW Additional Capacity: Report

The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).

Energy Transition

German Utility Deploys River Heat Pump to Decarbonise Heating

Siemens Energy is supplying a large-scale river heat pump to Mannheim-based utility MVV in Baden-Württemberg, Germany.

United Kingdom

UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security

The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…

Energy Transition

As G20 Chair, Coal-Heavy Indonesia Sends Mixed Signals on Green Transition

Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations.

Floating Solar Project

Nigeria and the Netherlands to Join Forces on Renewable Energy

The Netherlands have hosted a delegation of entrepreneurs and senior government officials from Nigeria, to discuss collaborations in areas including the circula…

Floating Offshore Wind

Ørsted Takes Majority Stake in Floating Wind Project Offshore

Renewable energy giant Ørsted has acquired a majority stake in the 100 MW Salamander floating offshore wind development project on the Scottish coast.

Solar Cell

Could ‘Hot Carrier’ Solar Cells Break the Theoretical Efficiency Limit?

Up to 50% of the energy absorbed by a solar cell is lost as heat. Scientists are now developing a third generation of “hot carrier” solar cells that take adva…

Electric Vehicle Battery

CATL Licensed to Mass-Produce EV Batteries in Germany This Year

EV battery maker CATL announced Wednesday that its plant in Thuringia, Germany had received approval for making 8 GWh cells per year. The company is installing …

Electric Car

Exploring the Technology Behind Electric Vehicle Batteries

Because they power electronic devices we depend on every day, batteries have become an important part of our lives.

Hydrogen Project

Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'

An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…