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Wind Power Project
Vestas V236-15.0 MW Wind Turbines Ready for Testing?
The V236-15.0 MW wind turbine pushes the boundaries of offshore wind power, with a single turbine capable of producing up to 80 GWh/year depending on site-speci…
Energy Transition
Transport Group CMA CGM Launches $1.5 Bln Energy Fund
French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…
IRENA Joins Forces with Industry Giants to Drive Decarbonisation
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the Global Alli…
Energy Transition
Indonesia Seeks G20 Buy-in for Energy Transition Agenda
Indonesian Environment and Forestry Minister Siti Nurbaya Bakar shakes hands with President of COP26 Alok Sharma during the G20 Environment and Climate Minister…
Smart Grid
$10.5 billion programme for US grid upgrades launched
The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…
Electric Vehicle Battery
ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries
Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…
Crude Oil
Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.
Electric Car
Toyota Builds 1MW Hydrogen System for US Department of Energy
The $6.5m project is being funded by the DOE and could be operational within three years
Spain
Iberdrola to Add 1,400MW of Solar Power in Spain This Year
Energy giant is currently executing 12 PV projects with a combined capacity of 550MW and aims to start construction on six projects that will add 873MW.
Solar Power Panel
QatarEnergy Awards US$631m EPC Contract for IC Solar Project
Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.
Offshore Wind Power
Mainstream & Ocean Winds Top Bidders for Scottish Windfarm
1.8GW offshore windfarm will be located off the Shetland Islands in Scotland and will be in approximately 100-metres of water depth.
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Crude Oil
U.S. Crude in SPR Hits Lowest Level Since January 1985
U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin…
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
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