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Adnoc Distribution’s Second-Quarter Net Profit Surges 71% On Strong Revenue

Growth in both fuel volumes and non-fuel business of the company boosted revenue

Carbon Emissions

Plant-Based Beef Alternatives Reduce Carbon Dioxide Emissions, but Could Disrupt the Agricultural Workforce

Plant-based alternatives to beef have the potential to help reduce carbon dioxide emissions, but new economic models show their growth in popularity could disru…

United States

DOE Awarding $26M to Projects that Prove the Grid Can Run on 100% Clean Energy

The U.S. Department of Energy (DOE) announced $26 million to fund projects that will conclusively show that electricity grid can reliably run with a mix of sola…

Hydrogen Production

NFE Enters Agreement with Plug Power for Green Hydrogen Plant

New Fortress Energy (NFE) has announced that it has entered an agreement with Plug Power Inc (Plug), a provider of turnkey hydrogen solutions for the global gre…

Getech Secures Contract for Geoscience Platform

Getech has signed a US$1.1 million multi-year contract with an international energy company for its Globe platform and launched the next generation of this tool…

Coal-Fired Power Plants

Development Approval Given for 1,000MWH Battery Storage at Australian Coal Plant Site

The Department of Planning and Environment in New South Wales, Australia, has given development approval to a proposed 500MW/1,000MWh battery storage project at…

ITER

ITER Fusion Project Gets Power Supply Equipment Delivery From Russia

The 25th batch of electrical equipment has been delivered, in 14 trailers, to the construction site of the International Thermonuclear Experimental Reactor (ITE…

Energy Storage Battery

Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…

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…