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United States
Tesla’s Solar and Energy Storage Business Rakes in $810M, Finally Exceeds Cost of Revenue
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage an…
Market Analysis
China’s Offshore Wind Power Add 2.15 million kilowatts of Grid-Connected Capacity in H1 2021
China’s offshore wind power added 2.15 million kilowatts of grid-connected capacity, a year-on-year increase of 102.0%.
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Crude Oil
Russia Was World’s Second-Largest Oil Producer In H1 2021
Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, h…
Nuclear Power Plant
Rooppur Unit 1 Dome Installation Starts
The dome of the inner containment shell of unit 1 of the Rooppur nuclear power plant in Bangladesh is now being installed, Rosatom announced yesterday.
Net Zero Emission
Japan’s Unveils 'Ambitious' Plan to Cut Fossil Fuel in Energy Mix to 41%
WoodMac warns that this will have significant ramifications for coal, LNG, and oil demand.
Italy
Prysmian Energy Earnings Rise 12% in H1 2021
Growth attributed to volume increases and cost efficiency measures
Portugal
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Energy Storage Battery
Substantial Growth Predicted for Molten Salt Energy Storage Market
The global molten salt thermal energy storage market is expected to reach a market size of $1,743.663 million in 2026, up from $629.969 million in 2019.
Natural Gas
China's Sinopec Aims to Grow Gas Output 60% by 2025
The company aims to produce 13 bcm of shale gas from the Sichuan basin by 2025, which would make up nearly 30% of its total gas output, Zhu said.
Floating Offshore Wind
UK Regulator Advances Lease Process for Two 100 MW Floating Wind Sites in the Celtic Sea
The formal award will be subject to a Habitats Regulations Assessment, following which, the Llŷr project will progress with environmental assessments and surve…
Crude Oil
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day by the middle of 2022 if the industry has the necessary funding
Crude Oil
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Solar Power Plant
Waaree Completes 300-MW Solar Module Production for US Project
The company added that this order has brought $105 million of foreign exchange into India
Hydropower Plant
RWE Couples Batteries with Hydropower in Innovative Facility
RWE has announced details of an innovative battery storage system in Germany that will virtually couple batteries with its run-of-river power stations along the…

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Tesla’s Solar and Energy Storage Business Rakes in $810M, Finally Exceeds Cost of Revenue

China’s Offshore Wind Power Add 2.15 million kilowatts of Grid-Connected Capacity in H1 2021

Value Of Saudi Oil Exports Jumps 147% In May

Russia Was World’s Second-Largest Oil Producer In H1 2021

Rooppur Unit 1 Dome Installation Starts

Japan’s Unveils 'Ambitious' Plan to Cut Fossil Fuel in Energy Mix to 41%

Prysmian Energy Earnings Rise 12% in H1 2021

EDPR Posts 13% Earnings Dip in H1 2021

Substantial Growth Predicted for Molten Salt Energy Storage Market

China's Sinopec Aims to Grow Gas Output 60% by 2025

UK Regulator Advances Lease Process for Two 100 MW Floating Wind Sites in the Celtic Sea

Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022

Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions

Waaree Completes 300-MW Solar Module Production for US Project

RWE Couples Batteries with Hydropower in Innovative Facility