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Wind Farm

Hydro and Partners To Build Wind Farm With 1TWh Annual Capacity

The companies intend to build the wind facility in Norway with an estimated investment of NOK3bn -NOK4bn.The wind power project will supply Hydro Høyange…

Electric Car

Tesla Set To Announce Electric Vehicle Assembly Plant In Mexico Next Week

The factory is part of a push to expand the company's global manufacturingTesla Model 3 vehicles at the car maker's factory in Shanghai, China. ReutersT…

Hydropower Plant

EDP Brazil shrinks Hydropower Portfolio In Favor Of Solar

Image credit: WFranz on PixabayEDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution …

Energy Storage System

Econergy Reaches ‘Significant Milestone’ With first EPC Agreement In The UK

Econergy described the EPC agreement as a significant milestone for its UK storage pipeline, which amounts to almost 2.5GWh according to the company. Image: Eco…

Uranium Project

Westinghouse Wins UK Funding To Explore Uranium Conversion Services

Image by Markus Distelrath from PixabayNuclear services company Westinghouse has received a Direct Award Grant from the UK Department of Business, Energy and In…

Nuclear Fusion

EIT InnoEnergy Invests in Start-up for Commercially Viable Fusion

EIT InnoEnergy has announced its latest investment in Sweden-based Novatron Fusion Group AB. The company is developing a new proprietary fusion power concept, a…

PowerGrid Technology

Digital Opportunities to Secure Europe’s Power Supply

Digitalisation offers many opportunities to secure Europe’s power supply over the coming seasons, Siemens has reported.

Coal-Fired Power Plants

Analysts Find Loopholes in Korean RE’s Move to Halt Coal Reinsurance

The company announced it will stop providing reinsurance to new coal mining or power plants.

EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market

Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the compan…

Crude Oil

UAE Brings Forward Oil Production Capacity Expansion to 2027

The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…

Brazil

Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan

Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestm…

LNG

Argentina Government to Send LNG Bill to Congress in Coming Months

Argentina's Economy minister Sergio Massa said on Thursday that the government was readying a liquefied natural gas (LNG) bill to send to Congress in the coming…

Net Zero Emission

Thailand’s CKPower Sets 2050 Net Zero Target

The company plans to raise the share of electricity from renewables to 95% from 89%.

Solar Power Plant

BELECTRIC Secures Major Contract in the Netherlands

BELECTRIC has secured another major contract in the Netherlands. By constructing four solar power plants for its new customer Low Carbon, solar energy specialis…

Energy Investment

Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint

Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …