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Geothermal Heating Project
Geothermal Energy Potential in Türkiye Sees Significant Developments in 2024
As of 2024, Türkiye’s geothermal energy potential has seen notable progress. According to the 2024 Activity Report published by the General Directora…
Wave Energy
Corpower Ocean and NTNU Partner on Ai-Driven Wave Energy Project
Swedish wave energy developer CorPower Ocean has secured funding from Vinnova, Sweden’s national innovation agency, to test AI-driven performance and cont…
Electric Vehicles
Siemens to Cut 6,000 Jobs in Automation, EV Charging Businesses
Siemens AG plans to reduce its global headcount by about 6,000 workers, with the majority of cuts planned in its factory automation business that’s suffer…
Photovoltaic (PV)
Spanish Startup Offers New PV-CPS System Integrating Energy Storage
Spain-based engineering firm Ghenova Ingeniería and Seville-based BlueSolar, a joint venture with Capsun, a spinoff of the defunct Abengoa Solar, have pa…
Energy Storage System
China Scraps Energy Storage Mandate for Renewable Energy Plants
New renewable energy plants in China will no longer be required to build storage in order to secure development rights and grid connection.Since introduced in 2…
Metal
Prospect Resources Secures Licences for Mumbezhi Copper Production in Zambia
Australian exploration and development company Prospect Resources has been granted two large-scale mining licences (LMLs) for its flagship Mumbezhi copper proje…
Photovoltaic (PV)
Quinbrook Closes Financing for Cleve Hill Solar Park in UK
Quinbrook Infrastructure Partners has closed a record debt financing for the Cleve Hill solar park in Kent, UK.The financing was structured in two stages.The 37…
Distributed Grid
Catalyze Receives $400M From ATLAS to Expand US Distributed Energy Projects
Developer and independent power producer of distributed renewable energy assets Catalyze has secured a $400m multiyear debt facility from ATLAS SP Partners.Cata…
Wave Energy
Wavex Seeks Investment for Next Wave Energy Development Phase
Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology.The co…
Oil & Gas Trade
Venezuela’s PDVSA to Keep Producing, Exporting Oil Previously Handled by Chevron, Document Says
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint vent…
Electric Vehicles
Toronto Excludes Tesla From EV Incentive Due to US Trade War
Toronto is no longer providing financial incentives for Tesla (TSLA.O), opens new tab vehicles purchased as taxis or ride shares due to trade tensions with the …
Power Construction
Pakistan’s Power Generation Falls 15% MoM, Costs Plunge 30% in February
Power generation in Pakistan clocked in at 6,945 GWh in February 2025, a steep decline of 15% MoM compared to the previous month, suggesting a decline in econom…
Electric Vehicles
LI Auto Scores 16.6% YoY Growth in 2024 Annual Revenue
Li Auto, a leading player in China's new energy vehicle market, has released its unaudited financial results for the fourth quarter (Q4) and full year ended…
LNG
Hanwha Ocean Wins W2.3tr LNG Carrier Order From Evergreen Marine of Taiwan
Hanwha Ocean Co. said Monday it has secured a 2.3 trillion-won ($1.59 billion) order from Evergreen Marine Corp. of Taiwan to build six ultra-large liquefied na…
Solar Panel
Lenovo Unveils Solar Laptop With Integrated PV Panel
Chinese computer manufacturer Lenovo unveiled its new solar-powered laptop, Yoga Solar PC Concept, at last week's Mobile World Congress 2025 in Barcelona.Sc…
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