Energy

Citi unveils $1.5 Billion Green Bond to Combat Climate Change

American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.

Energy Storage Battery

SK Innovation to Break Ground on Second EV Battery Gigafactory in the US this Summer

South Korea's SK Innovation will start construction on its second plant in the us state of Georgia this summer.

Offshore Wind Power

New Joint Venture Exploring South African Offshore Wind Market

Hexicon AB and Genesis eco-energy Developments are exploring the development of offshore wind power in South Africa.

Geothermal Power Plant

Kalahari GeoEnergy Secures $3.2m Loan Funding for Geothermal Project in Zambia

Three new resource definition slim wells will help move Zambia's first commercial geothermal project forward.

Crude Oil

USA's Purchase on Sweet Crude Oil will Not Follow Original Plan

US Energy Department says it will buy up to 1 mln bbls of sweet crude oil for strategic reserve from small to midsize domestic producers.

Energy Investment

UK Wants to Join Renewable Energy Market in Morocco

Morocco's Minister of Energy, Mines and Environment recently discussed with UK Minister for Investment about British investment opportunities in Morocco and the…

Wind Turbine

China Signs Wind Turbine Supply Contract with Vestas

Danish wind turbine manufacturer Vestas has secured a wind turbine supply contract in China.

Oil & Gas Trade

Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets

The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted …

Offshore Wind Power

A New Wind Leasing Round in Scotland is Coming

GIG and RIDG will partner to compete in ScotWind – the next round of seabed leasing for the offshore wind development off the Scottish coast.

Clean emission

India CO2 Emission Fall, First in 4 Decades

India's emissions of toxic carbon dioxide are falling for the first time in 40 years because of a slowing economy, the growth of clean energy and a continuing b…

Electric Car

Renewable Energy Could be Unbothered by Pandemic

Law firm Ashurst has released a report into a number of emerging technologies in the energy sector, such as electric vehicles and battery storage, highlighting …

Wind Power Project

Siemens Gamesa to Deliver Hybrid Plant in Philippines

Siemens Gamesa is set to deliver a hybrid energy project in Puerto Galera on the island of Mindoro in the Philippines.

Norway Takes $41 Billion From Oil Fund To Bolster Economy

Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this year to counter…

Mexico Power Reliability Proposal Challenges Renewable Sources

Mexico’s energy ministry is seeking to prioritize state-run utilities over new entrants to support supply stability.

Nuclear Technology

U.K. Nuclear Entity Hires Jacobs to Research Radioactivity in Graphite Cores

Dallas-based energy engineering firm Jacobs will lead a study of radioactive impacts in graphite reactor cores at nuclear power stations in the United Kingdom.