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1
SSE Thermal and Equinor to Buy UK-Based Triton Power for £341M
Through this deal, the two companies aim to support the decarbonisation of the UK's power system.
Electric Car
VW: EV Battery Output Bigger Challenge Than EU Combustion Engine Ban
The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting obstacle will be making enough batteries to power th…
Energy Transition
Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition
Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…
Philippines
Solar Philippines Secures 70% Of Government’s RE Auction
It also won 91% of all solar capacity.
Floating Solar Project
‘Floatovoltaics’: Are They the Future of Renewable Energy?
Floatovoltaics is a relatively new, but rapidly growing industry. It stems from the desire to decarbonize global economies by 2050 as a solution to tackling cli…
World Energy Demand Jumped Above Pre-COVID Levels in 2021
BP Statistical Review of World Energy: primary energy in 2021 grew by its largest amount in history.
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
Energy Storage Project
IESA: India ‘Needs at Least 160GWH of Energy Storage’ to Meet 2030 Renewable Energy Target
To integrate a targeted 500GW of non-fossil fuel energy onto its networks by 2030, at least 160GWh of energy storage will be needed in India by that time, acc…
OPEC
OPEC Boosts Oil Income in 2021, Well Completions Drop
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a mod…
Australia
Western Australia Putting 1,000 PV-Plus-Battery Standalone Power Systems Into Remote and Rural Areas
The government of Western Australia has begun a drive to deploy at least 1,000 renewable energy off-grid power systems aimed at bringing resilient electricity s…
OPEC
OPEC+ Sees Oil Market Surplus Shrinking to 1 Million Bpd
OPEC+ is slimming down its projections for an oil market surplus this year.
Hydrogen Storage
Germany’s Net-Zero Future Needs 41TWH Hydrogen Storage Capacity
For Germany to be able to store sufficient amounts of energy to achieve greenhouse gas neutrality, additional hydrogen storage facilities with a capacity of up …
First Electric Flying Ferry Will Make Stockholm’s Waterborne Public Transport Faster Than Cars and Subway
The world’s fastest electric ship, the Candela P-12 Shuttle, is set to hit Stockholm’s waters next year, heralding a new era of transport.
India
Tata Power Solar Commissions Largest Floating Solar Farm in India
The 101.6MWp solar project is located in Kayamkulam, Kerala.
Australia
Australian PV Researchers Get $31.1M Gov’t Funding
This will enable them to extend their solar research activities to 2030.
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