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Natural Gas

Why are U.S. Natural Gas Prices Soaring?

U.S. natural gas prices are surging, with the benchmark futures contract rising to a 13-year high of $8.74 per million British thermal units, at a time when tha…

Oil & Gas Trade

How Much Russian Oil is Europe Importing?

Russia was the largest supplier of petroleum to Europe in 2021, according to a new report.

Wind Farm

Europe Invests €41Bn in New Wind Farms

UK tops list of 11 countries invested more than €1 billion in 2021 says report.

Hydropower Plant

World’s Second-Largest Hydropower Plant Set for 14-Year Upgrade After Deal with GE

GE Renewable Energy has signed a deal that will see it carry out upgrades to the 14 gigawatt Itaipu hydropower plant, a vast facility straddling the border betw…

Electrification

$15.5M Investment into Zambia’s First Renewable Energy Buyer

InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU) and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will finance Afric…

Solar Cell

France Publishes Second-Quarter FITs for PV Systems up to 500 kW

France has increased feed-in tariffs for all PV system categories, ranging from €181.40 ($190.90)/MWh for installations below 3 kW in size to €96.90/MWh for a…

Oil Price

Shell Posts Record Profit on High Energy Prices and Trading Boost

Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…

Solar Cell

Chinese and Turkish Contractors Build Largest PV Park in RO for Israeli Econergy

Turkish INTEC Energy Solutions and the Chinese CHINT Solar announced that they would work together to develop a 154 MWp photovoltaic plant.

Gas Turbine

Siemens Energy Sells 100th H-Class Gas Turbine—Fleet Exceeds 2.5 Million Operating Hours

In late March, Siemens Energy announced separate agreements with Guangdong Energy Group Co. Ltd. and Shenzhen Energy Group Co. Ltd., in which the gas turbine gi…

Energy Transition

E.ON Powers Innovation District with Green Energy

E.ON and Lendlease have signed a 25-year joint venture (JV) to supply 565,000 square metres of the Milan Innovation District (MIND) – a former expo site in Mil…

Wind Farm

WindEurope: Europe Invested €41 Billion in New Wind Farms in 2021

WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41 billion…

Net Zero Emission

Bp to Invest £18 Billion in UK Energy System by 2030

bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to…

Solar Power Panel

SpaceX is Expanding the Solar Farm at Its South Texas Launch Facility

SpaceX is increasing the size of its on-site solar farm in Boca Chica, Texas, by 1.7 acres, or about 30%, making the solar array a total of 7.1 acres.

Energy Storage Battery

LG and Shell Back High Performance Lithium-Ion Battery Development

South 8 Technologies has raised $12 million in Series A financing to commercialise next-generation electrolytes for lithium-ion batteries.

Shell Buys Sprng Energy Group for US$1.55Bn

Shell believes its purchase of Sprng Energy Group will enable it to become a leader across the power value chain in the rapidly growing India market.