Energy

Energy Storage Project

US Long-Duration Energy Storage Demos to Receive $350M Funding

Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.

United Arab Emirates

Jordan, Israel, UAE Tie Up to Advance Project Prosperity

The countries seek to develop clean energy and sustainable water desalination.

Electric Car

GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December

BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…

Electric Car

InoBat Inks Declaration for EV Battery Gigafactory in Serbia

InoBat Auto, European developer of Electric Vehicle (EV) batteries, has signed protocols and declarations of intent with the Government of the Republic of Serbi…

Energy Transition

Just Transition Support Platform for Developing Countries Launched

This forms part of the ADB’s commitment to ensure build capacity of developing countries.

Energy Transition

Indonesia to Get $20B Under Just Energy Transition Partnership

The country’s plans include peaking the power sector’s total emissions by 2030.

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…

Switzerland

Switzerland Can Save 4M Tonnes of Carbon Each Year

A partnership has been signed to decarbonise waste-to-energy plants in Switzerland.

Hydrogen Project

COP27: Egypt and Norway to Build 100MW Green Hydrogen Plant

Plant will be built in Egypt’s Ain Sokhna region, on the Red Sea coast, and will be implemented in cooperation with Scatec, the Norwegian energy giant.

Solar Materials

51% Of Global Jinkosolar Facilities Powered by Clean Energy

Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.

Hydrogen Project

Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27

Suez Canal Economic Zone finalises nine agreements with international companies.

Energy Transition

Hydrogen Overuse Could Hamper Renewable Energy Transition, Irena Says

Consumption of hydrogen by G7 countries will grow between 'four and seven times' by 2050.

Fish Friendly Hydro: Natel Energy Is Proving It’s Possible

Hydropower projects frequently face resistance from environmental groups for a variety of reasons. One of the more common objections to hydro is the high turbin…

Hydropower Plant

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…

Wind Turbine

Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh

Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…