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European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns
New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …
Global Energy Storage Market Will Reach $73.8BN by 2031 – Study
According to the report, Energy Storage Systems Market Outlook 2031, the global energy storage systems market is fragmented due to the extensive number of regio…
Adani Green Energy’s Cash Profit up 48% YoY to $86M in Q1 FY23
Its operational capacity rose 65% YoY to 5,800MW.
United Kingdom
British Solar Renewables Acquired by ICG Infra
It aims to have more than 1.5GW of renewable energy capacity in operation over the next five years.
Gas Turbine
Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today
German Chancellor will visit Siemens Energy’s site where Nord Stream 1 gas turbine is kept after undergoing maintenance.
Energy Storage Battery
Powdered Sodium Battery Design Promises a 15% Leap in Energy Density
With real uncertainty clouding the world's supply of lithium, alternative battery chemistries will be crucial as we continue our uptake of electric vehicles and…
Carbon Neutral
Australian Pension Fund Dumps $133 Mln in Oil, Gas Stakes in Carbon Neutral Push
Australian pension fund NGS Super on Thursday said it had sold all its holdings in oil and gas companies, worth A$191 million ($133 million), in a drive to achi…
Global Green Hydrogen Market to Grow by More Than 6,000% By 2031, Says New Study
Sector will expand by 51.6% year-on-year, according to Indian/US market research firm.
Floating Offshore Wind
Novel Floating Wind Prototype Ready for Final Installation
Barcelona-headquartered technology developer X1 Wind is ready for the final installation of its floating wind prototype, PivotBuoy, at the Oceanic Platform of t…
Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
Ultra-high voltage grid
China’s State Grid to Invest $22 Bln in Ultra High Voltage Power Lines -Report
China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines.
Solar Power Plant
ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
The loan financing the project is worth $21.4m.
Japan
Japan’s JERA Posts JPY11.7B Loss in Q1
This is a JPY75.8b drop from the JPY64b profit last year.
Wind Farm
Neoen, Flow Power Ink 40MW PPA for Wind Farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
United States
US Community Solar Sector Market Forecast to Grow 7 GWdc by 2027
Pending legislation for community solar programs in five states could add another 1.2 GWdc
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