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Brazil

Brazil's Vale plans to invest $2.6 billion in decarbonization initiatives

Brazilian miner Vale plans to invest up to 13 billion reais ($2.56 billion) in ​decarbonization initiatives to meet its voluntary emissions reduction ‌targets…

Malaysia

Weng Yat To Supply Biomass To Japan, Targets RM60 Mil Annual Revenue

MALAYSIAN biomass producer Weng Yat Resources Sdn Bhd has sealed a deal to build a biomass supply platform for Japan with more than RM60 mil in the annual reven…

China

Chinese battery maker CATL expects energy storage to make up half of global sales by 2030

China's CATL , the world's biggest battery maker, expects energy storage to account for half of its global sales by 2030, up from ​25% now, a company e…

United States

esVolta Secures Upsized Corporate Credit Facility to Support Expansion of Energy Storage Portfolio

esVolt, a leading developer, owner, and operator of utility-scale battery energy storage projects across North America, announced on June 3 that it closed an ex…

United Kingdom

ITM, Protium to collaborate on UK hydrogen projects starting with 15 MW

UK electrolyser maker ITM Power Plc has formed a strategic partnership with compatriot green hydrogen company Protium Green Solutions Ltd to develop, invest in …

Combined cycle power plant

KEPCO Secures Saudi Jafurah Phase 2 Power Project

KEPCO has secured the second phase of the Saudi Arabia’s Jafurah, Jafurah combined cycle power project, following the first phase. KEPCO announced on the …

LNG

BP sells 5% stake in Australian Browse LNG project to South Korea's GS Energy

BP on June 1 said it agreed to sell 5% of its stake in the Browse liquefied natural ​gas project in Western Australia to South Korea's GS Energy.The sale l…

United States

LG Energy Solution Signs $1.6 Billion ESS Supply Deal With DTE Energy

LG Energy Solution said on May 28 that it signed a large-scale energy storage system (ESS) battery supply agreement with DTE Energy, the largest energy company …

Côte Divoire

Eni and partners approve new development phase for Ivory Coast project

Italy's Eni said on May 25 it and partners Petroci and Vitol ‌have given approval for the final investment decision for the third phase of the Baleine …

China

China and Russia sign nuclear-related MoUs during Xi-Putin talks

Three bilateral memorandums of understanding relating to nuclear energy were signed during Russian President Vladimir Putin's visit to China.(Image: Rosatom…

China

Li Auto Launches All-New L9 Flagship EREV SUV

Li Auto launched the all-new Li L9 flagship extended-range SUV in China today with deliveries beginning immediately in two trims, Ultra and Livis, and a pre-sal…

Mexico

Grupo Carso Advances Geothermal Plant in Celaya

Grupo Carso emerges as the first private conglomerate in Mexico to pursue large-scale geothermal energy development through its subsidiary Energías Alter…

United States

Gunvor signs long-term LNG supply deal with Delfin Midstream

Commodity trading house Gunvor has ​signed a long-term liquefied natural gas (LNG) sale and ‌purchase agreement with Delfin Midstream, it said in a statem…

Russian

Rosatom state nuclear energy corp. plans to launch No. 1 unit at Bangladesh NPP in coming days

Rosatom state nuclear energy corporation expects to launch the physical startup of the No. 1 unit at the Rooppur Nuclear Power Plant in Bangladesh in the coming…

Canada

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm said on April 27.ARC will b…