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Geothermal Power Project

XGS Energy Secures $13 Million in New Funding for Advanced Geothermal Technology

XGS Energy has announced that it has closed $13 million in new financing. The over-subscribed round included new investors Aligned Climate Capital, ClearSky, Cl…

Nuclear Power Plant (NPP)

Minister Announces Funds for New Reactor as Safari-1 Turns 60

As South Africa's Safari-1 research reactor marks its 60th anniversary, Minister of Electricity and Energy Kgosientso Ramokgopa has announced a budget alloc…

Wind Power Project

European Energy to Divest Six Wind Farms in Poland to Enea

European Energy has signed agreements to divest its wind portfolio in Poland to energy utility Enea for an undisclosed amount.The wind farms, commissioned betwe…

Carbon Storage

Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion

Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding thei…

Biofuel

Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April

The Palm Oil Authority of Malaysia has issued a notice stating that the export duty rate for crude palm oil will remain at 10% in April and its benchmark price …

Geothermal Power Plant

Grenada geothermal project receives further funding support from CBD and UK FCDO

The Government of Grenada (GOGR) is set to receive £10 million to support geothermal exploration drilling with the signing of an MoU with the Caribbean De…

Battery

Tesvolt Presents New C&I Battery Storage System With 15 Year Performance Guarantee

German commercial battery maker Tesvolt developed its new Forton system to accommodate the fact businesses that can operate their batteries for two full cycles …

Wind Power Project

Baywa r.e. to Service Greencoat UK Wind Projects

BayWa's renewables division has signed a long-term framework agreement with Greencoat UK Wind, the infrastructure fund managed by Schroders Greencoat, to pr…

Wind Power in China

Peak Wind Picks up Fengmiao 1 Job

Peak Wind has entered into an operations management agreement (OMA) to oversee the operations of Copenhagen Infrastructure Partners' (CIP) 495MW offshore wi…

Energy Storage Project

Totalenergies to Invest in German Storage

TotalEnergies has made investment decisions for six battery storage projects in Germany, totalling 221MW of new capacity and an outlay of €160m.These proje…

Photovoltaic （PV）

Germany’s Latest Onshore Wind and Solar Auctions Oversubscribed

Germany’s federal authority Bundesnetzagentur has published the results of the auctions for onshore wind, solar installations on buildings and noise barri…

Electric Vehicles

Chinese Electric Vehicle Maker Byd Reports 2024 Revenue Over Us$100B, Topping Tesla’s Sales

Chinese electric vehicle maker BYD logged a record 777.1 billion yuan (US$107 billion) in revenue last year as its sales of battery electric and hybrid vehicles…

Solar Module

Chinese PV Industry Brief: Trina Solar Announces 800 W Tandem Solar Module

Trina Solar’s National Key Laboratory of PV Science and Technology said its newly developed perovskite-polysilicon tandem module achieved a peak power out…

Metal

Freeman Gold Contracts Major Drilling America for Lemhi Gold Project in Idaho

Freeman Gold has contracted Major Drilling America, a specialised drilling services provider, to conduct a reverse circulation (RC) drill programme at its 100%-…

Battery

China Announces Procurement of Sodium-Ion Batteries With Price Ceiling at $150/KWh

An energy storage project integrating five different technologies is taking shape in a suburban district in the south of Shanghai, China. Once delivered, the Fe…