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Electric Car

Speeding up the Transition to Electric Vehicles

The number of electric vehicles (EVs) sales has dramatically increased over the last decade, with over 10 million EVs on the road today.

Energy Storage Project

EU Approves €20 Million State Aid to Energy Storage Company in Croatia

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a ser…

Wind Farm

Mercury to Build $115M Wind Farm in New Zealand

The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…

Solar Materials

Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion

JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).

Energy Storage Battery

EU Approves State Aid to Greece for 900 MW in Energy Storage

The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil…

OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

Nuclear Reactor

About 80% Of U.S. Coal Plant Sites Suitable to Host Nuclear Reactors -U.S. DOE Report

As many as 157 retired coal plants and 237 operating coal plant sites across the U.S. could be converted to nuclear power and help the country reach its net-zer…

Energy Transition

Oxford Group: Decarbonizing Energy Would Save $12 Trillion

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…

LNG

Central African Countries Champion 6500-Km of New Pipeline Construction

Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…

Net Zero Emission

Around 13 Million Workers to Join Energy Sector by 2030: IEA

It is expected to double under the net-zero emissions scenario.

Wind Power Project

Onshore Wind to Play a Key Role in Achieving India’s 2030 Target

The country has almost 41GW of onshore wind capacity.

Energy Transition

Egypt Climate Champion Calls for New Metric on Climate Finance

Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…

Crude Oil

U.S. Emergency Oil Reserves Tumble to Lowest Since 1984

U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…