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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.

Natural Gas

Russia to Close Nord Stream 1 Taps for Three Days

Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”

Joe Biden

Biden Vows to Slash Methane Emissions

Fees of up to $1,500 will be imposed per metric tonne of methane emitted in 2026.

Vena Energy Bags JPY5.36B Green Loan for 17MW Solar Project

The project is scheduled to start commercial operation in 2023.

Ammonia

Singapore Port Plans Combined Cycle Plant Fueled by 100% Ammonia

Jurong Port, Mitsubishi Heavy Industries Asia Pacific and JERA Asia have signed a Memorandum of Understanding (MoU) to explore establishing a 100% ammonia direc…

Wind Turbine

Repsol and Ibereólica Obtain Financing for Wind Energy in Chile

The financing will be used to finance the construction and operation of the 165.3 MW Atacama wind farm. The nacelles have been used for the project’s 22 5MW Si…

Offshore Wind Power

Germany Has Potential for 82 GW of Offshore Wind Power

Germany now has 7.8 GW of offshore wind turbines in operation that generated 12 billion kWh of wind power in the first half of 2022.

Electric Car

Australian Bank to Scrap Loans for New Diesel and Gasoline Cars as Country Looks to Increase EV Uptake

According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.