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Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Power Cable
LS Cable and System to Build High-Rise Undersea Cable Production Tower
LS Cable and System will invest 185.9 billion won to build an undersea cable system production plant in Donghae, Gangwon Province, the company said on July 25.
Hydrogen Production
RWE, Shell, Gasunie and Equinor Sign LOI for Offshore Hydrogen Project
The project partners RWE, Shell, Gasunie and Equinor have signed a letter of intent to strengthen the companies’ co-operation in the AquaSector project.
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Wind Farm
EDP Renewables Wind Farm Enters Commercial Operations in Indiana
Through executed power purchase agreements, Headwaters II also provides Facebook and Walmart with energy that will help the companies reach their sustainability…
Nuclear Fuel
Framatome Advanced Fuel Technology Reaches Regulatory Milestone
The report is a critical step towards implementing nuclear fuel at higher enrichments and burnups, the company said.
Hydrogen Storage
Hyzon Motors Unveils New Hydrogen Storage System to Half Development Costs
Hyzon Motors has today (July 22) unveiled a new onboard hydrogen storage system to reduce both the weight and manufacturing cost of commercial vehicles powered …
Solar Technology
REC Silicon Progressing Towards 2023 Moses Lake Restart as Biden Policy Agenda Adds Weight to Business Case
REC Silicon said it is continuing to work towards a restart of operations at its Moses Lake polysilicon production facility in the US, with the company buoyed b…
Solar Power Plant
Fintel Energija, MK Group to Install Europe’s Largest Solar Power Plant under Agrosolar Kula Project
The companies plan to install solar panels with a total installed capacity of 660 MW.
EV Market
Honda Is Open For A New Alliance To Slash EV Costs
The company already partnered with General Motors on two Ultium-based models.
Energy Storage Battery
‘Europe’s Largest Battery Storage Plant’ Fully Operational
Shell Energy Europe has announced the operation of its 100MW energy storage system, the project the company is calling the largest battery plant in Europe.
Energy Transition
Philippine’s SMC to Dump New Coal Projects
The company plans to transition to low-carbon.
United States
Texas Oil Cos in $370MM Merger Deal
Penn Virginia Corporation has revealed that it has entered into a definitive merger agreement with Lonestar Resources US Inc. to acquire the company in an all-s…
Coal Mine
Zhengzhou Coal Mining Machinery's First Large Set of Equipment Exported to Turkey
On July 12, the World-Energy was informed that the Chinese ocean-going container ship carrying the company's first large set of coal mining equipment had depart…
Hydrogen Fuel Stations
Lotte Chemical to Invest ₩4.4 trillion in Hydrogen by 2030; Releases New Hydrogen Roadmap
South Korean-based Lotte Chemical has unveiled its 2030 hydrogen growth roadmap which outlines the company’s intentions in accelerating hydrogen adoption and a…
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