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Carbon Emissions

Australian State to Invest $100 Mln in Energy Storage in Push to Cut Emissions

Australia's Victoria state said on Tuesday it would invest A$157 million to boost battery energy storage, as it pushes to source half its electricity from wind …

Natural Gas

Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years

Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014

Hydrogen Technology

Vattenfall Commissions Pilot Facility in 100GWH Green Hydrogen Underground Cavern in Sweden

Swedish state-owned energy company Vattenfall has commissioned a green hydrogen storage pilot facility within a 100GWh capacity cavern.

Asia to Account 63% Of Renewable Capacity Additions Until 2031

Around 66% will be coming from the non-hydropower sector.

Wind Power Project

Over 100 Wind Firms Call For ‘Dramatic Action’ to Scale up Re Transition

This comes ahead of the COP27 in November.

Offshore Wind Power

Octopus Energy to Buy 15.5% Stake in Lincs Offshore Wind Farm

Operated by Ørsted, the 270MW offshore project is equipped with 75 turbines.

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

Solar to Dominate Non-Hydropower Capacity in MENA

It will reach 42GW in 2031.

Geothermal Power Plant

Indonesia’s Geothermal Energy to Reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Wind Power Project

Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27

More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…

Natural Gas

Spain-France Natural Gas Pipeline Boosts Capacity by 18%

An existing natural gas pipeline from Spain to France via the Pyrenees has boosted its capacity by 18% and could be used immediately if France requests it.

Oil Price

Volkswagen Warns: High Gas Prices Could Impact Car Production

Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord …

Power Construction

Mytilineos Completes First Phase of 650MW Power Plant in Libya

Greek energy company Mytilineos has completed the first stage of construction for a power plant in Tobruk, Libya, with 185MW having already been distributed to …

Pakistan

Only 15% Of Pakistan’s Hydropower Pipeline Will Operate on Time: IEEFA

Around 51% of the pipeline reached financial close, and only 39% started construction.

Wind Turbine

Vestas Secures 104 MW Order With Polimix Energia in Brazil

Polimix Energia Ltda has signed an agreement with Vestas for the supply and installation of 23 V150-4.5 MW wind turbines for the Mundo Novo wind farm located in…