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Philippines

Alternergy Bags $17.07m Financing for Balsik Solar Project

Ongoing construction of Alternergy’s 28 MWp Balsik Solar Power Project in Hermosa, Bataan.Alternergy Holdings Corporation has secured a $17.07m (PHP1b) pr…

Gas power plant

Dalia Energy Secures $1.5bn From Bank Hapoalim for Power Plant

The Eshkol plant, which currently operates two gas turbines and four steam units, generates electricity from natural gas.Israeli power company Dalia Energy has …

Energy Storage Project

Partners Group Invests €400M in German Bess Developer

BESS stores surplus energy for peak demand, stabilising the grid and reducing energy costs.Global private markets company Partners Group has committed €400…

Crude Oil

Naftogaz Group’s Annual Performance: 83 New Wells, Gas Production at 13.9 Bcm

The relevant statement was made by Naftogaz Group’s press service, an Ukrinform correspondent reports.Naftogaz Group not only maintains stability but also…

Hydrogen Project

US DOE Grants $1.66bn to Plug Power to Develop Hydrogen Facilities

Plug Power plans to develop clean hydrogen facilities across the US, supplying its national customer base with scaleable, end-to-end clean hydrogen.The US Depar…

Green Hydrogen

Questa Green Hydrogen Project Awarded $231 Million

The Kit Carson Electric Cooperative — at the vanguard of commercial renewable energy production for 15 years — recently announced it will receive $231 million…

Solar Module

Vikram Solar Secures 1 GW Solar Module Order

Vikram Solar on Friday announced it has secured an order to supply 1GW of solar modules. Under this contract, Vikram Solar will supply its advanced Hypersol N-T…

Metal

Superlarge Rare-Earth Deposit Discovered in SW China’s Yunnan, With Potential Resources Reaching 1.15 Million Tons

Experts from the China Geological Survey work on-site at the rare-earth mineral deposit in Southwest China’s Yunnan Province.A superlarge ion-adsorption-t…

Oil Refinery

China’s Vast Refining Sector Faces Shakeout as Fuel Demand Peaks

China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 20…

Coal-Fired Power Plants

China’s Carbon Power Rises in 2024, Defying Expectations of Coal Peaking

A man walks past a coal-fired power plant in Shanghai, China, October 14, 2021.China's mostly coal-powered thermal generation ticked up 1.5% in 2024, offici…

Hydropower Plant

Statkraft and Suomen Voima Sign 15-Year PPA in Sweden

Bjurfors Nedre hydropower plantWedoany.com Report-Jan 17, Statkraft and Suomen Voima have finalized a 15-year power purchase agreement (PPA), starting in Januar…

Hydropower Plant

Skanska to Build New Hydroelectric Power Plant in Norway

Svean power plantWedoany.com Report-Jan 17, Skanska has secured a NOK 507 million contract with Statkraft to construct the new Svean power plant in Klæbu,…

EV Market

New Energy Vehicles in Use in China Exceed 30 Million

The number of new energy vehicles (NEVs) in use in China has continued to increase at a faster pace, reaching 31.4 million by the end of 2024, the Ministry of P…

Uranium Project

Kazatomprom Sets Out Strategy for Next 10 Years

Production at JV Inkai was suspended on 1 JanuaryKazakhstan's national atomic company has announced an updated development strategy for the next 10 years, s…

Nuclear Fusion

Funding Boost for UK Fusion R&D

A cutaway of the STEP fusion plantWedoany.com Report-Jan 17, The UK government has announced a GBP410 million (USD500 million) investment to accelerate developm…