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Electric Vehicles

Hyundai to Suspend Operations at Its Main Factory to Bolster Electric Vehicle Production

South Korea’s largest automaker, Hyundai Motor, is bolstering EV production despite rumors that the market is slowing. The automaker revealed plans to sus…

Carbon Emissions

Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year

Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Captur…

Nuclear Power Plant (NPP)

Second Large Polish Nuclear Plant Gets Approval

Poland's Ministry of Climate and Environment has issued a decision-in-principle for the country's second large nuclear power plant. Two South Korean-sup…

Nuclear Technology

Chinese Long-Distance Nuclear Heating Project Begins Operation

China's first project to bring nuclear-generated heat to multiple prefecture-level cities has begun operation in Shandong province, supplying heat from the …

Offshore Wind Power

UK and South Korea Help Secure Millions for World's Largest Monopile Factory

UK Export Finance (UKEF) and South Korea’s export credit agency Korea Trade Insurance Corporation (K-Sure) have helped SeAH Wind to secure GBP 367 million…

Offshore Wind Power

German Company to Build XXL Monopile Factory in Denmark

German-based Baltic Structures Company (BSC) has revealed that it will build an XXL monopile production factory in Esbjerg, Denmark.BSC will build Europe’…

Offshore Wind Power

Vestas Is Awarded a 43 MW Wind Power Project in Germany

Vestas has received a firm order from SAB WindTeam GmbH for the Bockenem wind farm in Lower Saxony, Germany.The order consists of seven V162-6.2 MW wind turbine…

Geothermal Drilling

Funding Approved for Geothermal Research Well at Krakow, Poland

Krakow, Poland (source: Jen Hunter / flickr, Creative Commons).Poland’s Ministry of Climate and Environment has approved funding of about PLN 12.33 millio…

Geothermal Drilling

Herrenknecht Acquires Majority Stake in Geothermal Drilling Specialist

Geothermal drilling operations (source: H. Anger's Söhne)Herrenknecht AG has acquired a majority stake in H. Anger’s Söhne Bohr- und Brunnen…

Solar Power Plant

Mercedes-Benz Expanding Solar at South Africa Factory, Investing in EV Charging Countrywide

Mercedes-Benz South Africa (MBSA) is investing R100 million ($5.35 million USD) in a solar PV installation with 22,847 solar panels at its East London manufactu…

Offshore Wind Power

Octopus Energy Buys 12.5% Stake in UK Offshore Wind Farm

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain, September 5, 2018. REUTERS/Phil Noble/File Photo…

LNG

Italy's Eni Wins $600 Mln Case Against Germany's Uniper

Uniper logo is displayed in this illustration taken September 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsUniper (UN01.DE) has t…

Carbon Capture

Canada Oil Sands Carbon Capture Project to Make Final Investment Decision in Mid-2025

A truck drives down a street at Syncrude's oil sands operation on May 23, 2006 near Fort McMurray, Alberta. REUTERS/Todd Korol/File Photo Acquire Licensing …

Electricity Transmission

New York Gets $24 Mln Federal Funding to Bolster Electric Grid

The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rig…

Energy Storage Project

Swedish Utility Plans 100 MW Battery Next Year

Swedish utility Malarenergi and balancing power operator Polar Capacity have agreed to develop a 100 MW battery energy storage park in connection with a combine…