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Global Green Hydrogen Market to Grow by More Than 6,000% By 2031, Says New Study

Sector will expand by 51.6% year-on-year, according to Indian/US market research firm.

Floating Offshore Wind

Novel Floating Wind Prototype Ready for Final Installation

Barcelona-headquartered technology developer X1 Wind is ready for the final installation of its floating wind prototype, PivotBuoy, at the Oceanic Platform of t…

Oil Price

Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build

Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …

Ultra-high voltage grid

China’s State Grid to Invest $22 Bln in Ultra High Voltage Power Lines -Report

China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines.

Solar Power Plant

ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan

The loan financing the project is worth $21.4m.

Japan

Japan’s JERA Posts JPY11.7B Loss in Q1

This is a JPY75.8b drop from the JPY64b profit last year.

Wind Farm

Neoen, Flow Power Ink 40MW PPA for Wind Farm in Australia

Goyder South Stage 1 wind farm is expected to operate in 2024.

United States

US Community Solar Sector Market Forecast to Grow 7 GWdc by 2027

Pending legislation for community solar programs in five states could add another 1.2 GWdc

Carbon Emissions

Amazon’s CO2 Emissions Grew 18% In 2021

The retail giant has admitted that there are “big challenges” ahead as it races to reach its 2040 net zero target

Crude Oil

BP Profit Triples on Soaring Energy Prices

Oil company reveals profits increased to a 14-year high.

Poland

Iberdrola to Expand Its Renewable Capacity in Poland With 98 MW of Wind and Solar Projects

When the new facilities, already under construction, come on stream in 2023, the company will have 261 MW of installed capacity in Poland, a market that has bec…

Energy Investment

EU Backs Cleantech Innovators With €1.8BN Investment

A total of 17 projects will share the funding to bring ‘breakthrough technologies’ to the market in energy-intensive industries

Electric Vehicle Battery

Chinese Companies Leading Global EV Battery Market

Market research firm SNE Research announced on Aug. 1 that CATL’s share in the global EV battery market rose from 28 percent to 34 percent in the first half of…

Offshore Wind Power

First Firm Offshore Wind Power Order for Siemens Gamesa in Japan

Siemens Gamesa Renewable Energy has been awarded the firm order for the 112 MW Ishikari offshore wind power project from Green Power Investment.

Wind Turbine

Octopus Energy Launches 1000-Turbine UK Repowering Plan

Firm will partner with community manufacturer EWT to boost onshore wind sites across Britain