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Energy Transition

Blockchain Peer-To-Peer Energy Exchange Launches in UK

More than 3,000 British homes have signed up for a peer-to-peer scheme to receive 100% traceable renewable energies.

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

GE’s Energy Business Will Have a New Name—Vernova

General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate un…

United Kingdom

UK Stumps up Another £2MN for Yemen’s Floating Oil Threat

The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.

Indonesia

Indonesia Has the Highest Geothermal Capacity Under Development: Fitch

Of the 41 projects under development in Asia, 26 were from Indonesia.

Gas Turbine

Canada Sent Repaired Turbine for Nord Stream to Germany - Kommersant

​Canada sent a turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been completed, Kommersant newspaper reported on M…

Electric Car

New Hyundai “Rolling Labs” EVs Include Hydrogen-Battery Hybrid

Hyundai has unveiled two new “rolling lab” models, one with a e-GMP based powertrain and the other a hydrogen-powered “hybrid” based on Hyundai’s N 2025 Vi…

Agreement to Acquire an Interest in a Lithium Project

Greenland Minerals to earn in 51% in the Villasrubias lithium exploration licence located in Spain’s most renowned province for technology metals exploration …

Masdar Launches Skills Training for Youth to Fight Climate Change

The initiative aims to reach 1 million youngsters globally in eight years

Saudi Arabia

Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd

The kingdom said it is targeting production capacity of 13 million bpd by 2027

Brazil

Iberdrola Wins 1700Km+ Brazil Power Line Project

The Spanish electric utility company Iberdrola through its subsidiary Neoenergia has been awarded its largest power grid line project, according to the regulato…

Solar Power Plant

Uzbekistan Opens Proposals Submission for Solar Plants Dev’t

The deadline for submission is on 10 October at 4 pm, Tashkent time.

Philippines

Philippines Is 3rd Largest Geothermal Market Globally: Fitch

Its installed capacity is estimated at 1,928MW in 2021.

Natural Gas

Gastech Confirms High-Level Trade Pavilions From Countries Key to the Future of Energy

​Gastech, with co-hosts Baker Hughes, Chevron, Eni, and Tellurian, has announced the high-level participation of 16 national pavilions from across the globe, i…

European Renewable PPA Prices Soar by 47% Year-On-Year

PPA prices have taken a steep 16% hike in their fifth consecutive quarter of growth, according to a report