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Net Zero Emission

Suncor Energy Adopts Net-Zero-by-2050 Greenhouse Gas Emissions Target

Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.

Pumped Storage

Hitachi ABB to Support First Ever Pumped Hydro Project in the Gulf

The Hatta pumped-storage power station is a first-of-its-kind project in the UAE and the Arabian Gulf region.

Energy Subsidies

Hyundai Motor's IONIQ 5 Eligible for Subsidies from Chinese Government

Hyundai Motor’s IONIQ 5 loaded with batteries from SK Innovation are expected to receive subsidies from the Chinese government starting from the second half of…

Carbon Neutral

SIA to up Biojet Use to Become Carbon Neutral by 2050

Singapore Airlines said it aims to increase the use of sustainable aviation fuel, or biojet, across its network in an effort to achieve carbon neutrality by 205…

Oil Field

Adnoc Awards $744m Offshore Field Contract to NPCC

The Belbazem block is being developed to reach a production capacity of 45,000 bpd, with the first barrel of oil expected in 2023

United Arab Emirates

UAE Asks to Host 2023 UN Climate Change Conference

he annual Conference of Parties is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Conventi…

Microgrid

Groups Announce Renewable Energy Microgrid Project

A joint venture of energy management company Schneider Electric and Huck Capital, a power sector investment firm, has announced a partnership with energy infras…

Hydrogen Fuel Cell

G7 to Step up Efforts to Advance Commercial Scale Hydrogen

The Group of Seven has agreed to step up efforts to advance commercial scale hydrogen from low carbon and renewable sources across its economies, including supp…

Hydrogen Project

Iberdrola Forms Green Hydrogen Electrolyser Team

Spanish energy company Iberdrola is teaming up with power technology company Cummings to develop large-scale green hydrogen plants in Spain and Portugal.

Nuclear Fuel

Rosatom Develops New Fuel Modification with Lower Uranium Enrichment for Finland’s Loviisa NPP

TVEL, the fuel manufacturer subsidiary of Russia's Rosatom, has completed development of a new modification of VVER-440 fuel for the Loviisa nuclear power plant…

Hydropower Plant

ADB to Finance 300MW Hydropower Plant in Pakistan

The Asian Development Bank will offer a $300m loan to finance the construction of a hydropower plant in Pakistan.

Nuclear Technology

UK SMR Consortium Completes Phase One Design

The consortium, led by Rolls-Royce, which is developing a small modular reactor, on 17 May revealed its latest design and an increase in power, completing its f…

Solar Cell

Panasonic Launches 380 W Heterojunction Solar Module Compatible with Its Evervolt Battery

The new module series has a power output ranging from 370 to 380 W, a temperature coefficient of -0.26% per degree Celsius, and an efficiency of up to 21.7%.

Electric Vehicle Charging

Tesla and Partners Install Europe’s Most Powerful EV Chargers in Oxford

As calls to speed up the electrification of the transport system intensifies to meet carbon emissions reduction goals, there is a need for more collaboration be…

Market Analysis

Oil Markets Set for Recalibration as US and Iran Attempt to Restore Nuclear Deal

Commodities prices are expected to keep rising, even if Iranian supply returns, Saxo Bank's head of commodity strategy says